Beijing-based iSoftStone sold over 63.5 million shares at a price of 72.9 yuan ($11.4) apiece in the ChiNext IPO.
Tagged By business
Is China Making or Faking Overtures Toward the US?
Some experts say China is trying to safeguard itself from the impact of Western sanctions without forfeiting ties to Russia …
China’s NFT market: Who are the major players, and what makes them different?
NFT market is also bustling with new projects in China. That may come as a surprise for people familiar with China’s strict crypto policy.
SE Asia to ride on China demand
A growth target of 5.5 percent for the Chinese economy this year will boost recovery prospects in Southeast Asia, with the region expected to benefit from strong demand and robust consumption in its …
Businesses shut as China widens Covid lockdowns
Several multinational companies have halted operations as China widens its Covid lockdowns – among its biggest since the start of the pandemic.Tens of millions of people across the country face …
US threatens China over Ukraine crisis
US National Security Adviser Sullivan warned Beijing that “there will absolutely be consequences for large-scale sanctions evasion efforts or support to Russia to backfill them.” …
China’s economy had a surprisingly good start to the year, but it may not last
China’s economy started the year on a bright note, with several major indicators beating forecasts. But as Covid cases in the country spike, keeping up the same pace of growth in the coming months may…
China’s Jan-Feb daily crude oil throughput falls to lowest since end-2020
China’s daily oil processing rate dropped 1.1% in the first two months of 2022 from a year ago, to the lowest since December 2020, as independent refiners scaled back operations after Beijing slashed …
China unemployment jumps as Covid surge disrupts business
Unemployment in China rose and youth unemployment spiked in the first months of the year, data showed Tuesday, as a surge of coronavirus cases rattled businesses and forced closures. The unemployment …
Biz leaders upbeat on flourishing China market
Photo provided to chinadaily.com.cn] A1 China has made a lot of progress in opening its economy, offering easier market access and creat …
China’s frenzied metaverse poised to balloon into $50bn business
China’s fledgling metaverse sector is on track to grow into a market exceeding $50 billion by the middle of the decade, with signs of an overheating industry drawing the attention of regulators.
China’s economic activity grew faster than expected in January-February
China’s economic activity rebounded strongly in the first two months of the year, growing at a faster-than-expected pace, despite a high base of comparison a year earlier.
China’s Jan-Feb coal output jumps 10.3% for winter heating
China’s coal output rose 10.3% in the first two months of 2022 from a year earlier, after Beijing encouraged miners to ramp up production for the winter heating season, with demand also receiving a …
