For CSOP Asset Management, the promise of greater connectivity between wealthy individuals in Hong Kong and mainland China is another opportunity to expand its product suite and diversify its revenues …
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China’s Fuel Exports Drop for a Second Year as Quota Tightened
China’s overseas shipments of fuels fell for a second year as Beijing tightened export quotas, in part to ensure sufficient domestic supply.
Nanjing Hujiang Composite Materials debuts on Beijing Stock Exchange, rose 64%
Nanjing Hujiang Composite Materials (870204) opened at RMB 29.81 on its first day trading on the Beijing Stock Exchange, an increase of 60% from its IPO price of RMB 18.68.
China’s 2021 diesel exports sink to 5-year low, LNG imports hit record high
China’s diesel exports in December sank to their lowest monthly level since March 2015, bringing the 2021 total to the lowest since 2016 at 17.21 million tonnes, data showed on Tuesday.
China’s CATL launches battery swapping service brand EVOGO
China’s CATL launched a new brand called EVOGO to offer battery swapping services, the company said on Tuesday.
Yum China Caters to Local Tastes with Regional Menu Items
Yum China Holdings, Inc. (the “Company” or “Yum China”, NYSE: YUMC and HKEX: 9987) announced that its KFC brand is increasingly tapping into regional Chinese cuisines and adding traditional local …
Ford Mondeo resurrected in China as all-new, sleeker-looking sedan
Shanghai – Ford sounded the death knell for its Mondeo sedan last year with the announcement that it would be discontinued in its home market of Europe. This follows the axing of the US version,…
Aquila Acquisition sets debut Hong Kong Spac IPO in motion
Aquila Acquisition Corp, Hong Kong’s first special purpose acquisition company (Spac), has filed a draft IPO prospectus with the city’s stock exchange. Spacs, also known as blank-cheque companies, are …
Citi in talks with Fubon on $1.5 billion China asset sale: Sources
A deal would help Fubon strengthen its foothold in the mainland, where it acquired a controlling stake in Shanghai-based First Sino Bank in 2014 and later changed its name to Fubon Bank China, accordi …
BearingPoint Client Success Story: Polestar Positions Its Supply Chain in China for a Green Future
Climate change demands immediate action by industries around the globe, and China has been tightening regulations of various sectors, including the automotive industry, to promote environmental …
China 2021 aluminium imports rise to annual record high
China’s aluminium imports in December eased from the previous month, snapping three monthly gains, although imported volumes were strong enough to solidify 2021’s position as a record year of …
Delhivery gets Sebi’s go-ahead to raise Rs 7,460 crore via IPO
The IPO comprises fresh issuance of equity shares worth Rs 5,000 crore and an offer for sale (OFS) component of Rs 2,460 crore by existing shareholders, according to the draft red herring prospectus …
China’s technological self-reliance push leaves German firms fearing ‘lack of equal treatment’
A third of Germany firms surveyed by the German Chamber of Commerce in China last year listed preferential treatment offered to local companies as a concern Survey of 596 German companies took place …
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