Special purpose acquisition company Destone Acquisition Corp, backed by Wang Shi, the founder of property developer China Vanke, has filed a listing application with Hong Kong’s stock exchange. Wang …
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Chinese oil giant CNOOC to raise up to US$5.1 billion in Shanghai IPO
The company will sell 2.6 billion shares at 10.8 yuan starting on Tuesday China’s largest offshore driller was delisted from New York Stock Exchange under Trump era executive order CNOOC, China’s …
Investing In China: Have We Seen The Bottom For Chinese Stocks?
While investors were focused on the much-anticipated Fed rate increase, it was Chinese stocks that stole the headlines with sharp falls and rises in the past month. To recap, a combination of concerns …
European business chamber writes to China’s State Council on challenges from COVID policy
The European Union Chamber of Commerce in China said on Monday it sent a letter to Beijing’s State Council describing the challenges firms are facing due to recent COVID prevention measures.In the …
The Commodities Feed: China Covid risks linger
There is growing concern over the Covid situation in China, with it appearing as though there is no end in sight for the lockdowns that we have been seeing. Shanghai reported another record amount of…
Interview: Rising influence of RMB reflects China’s robust economic growth, financial openness, says Pakistani expert
The consistent rise in international status and influence of the Chinese currency renminbi (RMB), or the yuan, reflects China’s robust economic growth, high-level financial openness and the financial …
European firms confident in Chinese market as China, EU deepen cooperation
… released by the German Chamber of Commerce in China and KPMG showed that nearly 60% of German companies in China reported improved business operations last year and 71% planned further investment …
China’s Sichuan province launches NFT marketplace
The cultural and tourism authority in Southwest China’s Sichuan province built a non-fungible token (NFT) trading platform to “encourage the music industry to actively adopt modern technology.” See …
Connect Network Launches Its Layer 2 Scaling Platform, an EVM Blockchain With High Throughput and Extremely Low Transaction Fees
Connect Network Blockchain is a new revolutionary layer 2 scaling platform that will provide high throughput and extremely low transaction fees on its network. Connect Network Blockchain is an EVM …
China seizes over 3,500 Bitcoin mining rigs, hikes electricity rates
The provinces of Guangdong, Heilongjiang, and Shanxi announced Bitcoin mining equipment seizures and other measures to phase out operations that have survived waves of crackdowns that followed the …
Here are the 12 most powerful people in China you’ve probably never heard of
In the chess game of Chinese politics, it’s not always clear who pulls the strings — who’s in, and who’s out. Here are the 12 most powerful people in China you’ve never heard of who…
Tencent-backed Zhihu, a Quora-like Chinese platform, seeks Hong Kong listing in US$172 million IPO
Early investors in Tencent-backed Zhihu, such as venture funds managed by Kai-fu Lee and Qiming Ventures, are selling down their shares in the Hong Kong stock offering.
Tesla China Exports Slump to Just 60 Cars on Strong Local Demand
Tesla Inc. exported just 60 cars produced at its Shanghai factory in March, a record low as strong domestic demand sucked up most of the output, according to China Passenger Car Association data …
