China’s cybersecurity review system came under the spotlight last summer after ride-hailing giant Didi Chuxing defied the wishes of Chinese regulators by going ahead with a US$4.4 billion IPO in New …
Tagged By business
Crypto Platform Amber Group’s Valuation Hits $3 Billion
“Digital assets are becoming an increasingly important category to watch, especially for institutional investors,” Steven Ji, Partner of Sequoia China, commented. Amber Group, one of the …
China asks state firms to check investments in Jack Ma’s Ant – sources
Ant, an affiliate of Alibaba Group, has been subjected to a sweeping restructuring by China, whose initial public offering … on the central government relaxing its scrutiny over Ma’s business empire …
The Growing China-Indonesia-UAE Trilateral Relations
The agreement, which was signed by Group 42, an artificial intelligence and cloud computing business based in the UAE, and Sinopharm, a subsidiary of China National Biotech Group, was the first …
Australia’s China relationship enters dangerous new territory
With China at the centre of the election campaign and Australia’s battleground with Beijing expanding deeper into the Pacific and Antarctica, it is easy to forget the days of business delegations …
Why China is a better bet for investors, even as US Fed raises interest rates
Indeed, French bank BNP Paribas argued last week that “despite US-China political tension, China remains a magnet for global business communities due to its large and growing markets, and its tried …
Why it took Maruti two decades to beat Hyundai in exports
India’s PLI scheme for the auto sector has been brilliantly structured and timed, removing the cost edge that Chinese manufacturers enjoyed. Along with the ₹18,000 crore PLI scheme for batteries, it i …
Alibaba shares slump 5% on Beijing’s scrutiny of Ant Group
BEIJING (AFP): Shares in Alibaba slumped more than five per … which saw a record-breaking planned IPO by Ant Group pulled at the last minute. Bloomberg described the fresh investigation as “by far …
Regional Law Firms Secure Mandates Amid a Revival of Chinese IPOs in US
The IPOs range from US$1 million to US$35 million … by Chinese companies came to a grinding halt last year when the Cyberspace Administration of China (CAC) announced that it had launched an …
Alibaba shares slump 5pc on Beijing’s scrutiny of Ant Group
BEIJING, Feb 22 ― Shares in Alibaba slumped more than five … which saw a record-breaking planned IPO by Ant Group pulled at the last minute. Bloomberg described the fresh investigation as “by far …
China allows corn imports from Myanmar – customs
BEIJING, Feb 22 (Reuters) – China has allowed corn imports from Myanmar from Feb.18, the General Administration of Customs said on its website, as China seeks to diversify its grain origins, with …
Business of health products should be healthier
China’s health products’ market today is a 300 billion yuan ($47.41 billion) business. Growing at double digits a year, the industry is expected to be worth 1,000 billion yuan in 10 years. But the …
Crypto Firm Amber Gets Temasek Funding at $3 Billion Valuation
Singaporean state investment firm Temasek Holdings Pte was among investors in a funding round that valued cryptocurrency-trading platform Amber Group at $3 billion, just weeks after the city-state …
