Chinese artificial intelligence company SenseTime is relaunching its initial public offering in Hong Kong with the help of investment from state-backed entities after being blacklisted by the US. In …
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SenseTime reopens IPO, but excludes US investors
Chinese artificial intelligence giant SenseTime has revived its $767 million initial public offering, just days after it had delayed its public debut after being hit by another US blacklist.
China’s SenseTime relists Hong Kong IPO after US blacklisting
Chinese artificial intelligence start-up SenseTime said Monday it will press ahead with its Hong Kong listing, a week after it was blacklisted by the United States over accusations of genocide in …
China Won’t Depend on Corn Imports, Unlike With Soybeans, Official Says
China’s corn imports, which are set to exceed the quota next year, will come under control in the medium- and long-term as domestic production increases, so corn won’t follow in soybeans’ footsteps, …
2022 IPO landscape could get more diverse as India, Korea race to fill void left by Chinese tech
Asian companies may find it hard to repeat the success in 2022 given the prospect of rising interest rates and China’s tightening grip on Big Tech.
China’s Nov clean marine fuel exports rise 18% m/m
China’s exports of clean marine bunker, or very low-sulphur fuel oil (VLSFO), rose 17.8% in November from a month ago, as refiners acquired a new batch of export allowances.
China’s Nov soybean imports from U.S. surge from Oct as Ida effects clear
China’s November soybean imports from the United States surged from October, customs data showed on Monday, as the effects of the export disruptions from Hurricane Ida earlier this year started to …
China’s oil imports in Nov from Saudi Arabia fall from a year earlier
China’s crude oil imports from Saudi Arabia in November fell 13% from a year earlier, but the kingdom retained its ranking as the top supplier to the world’s biggest oil importer.
China’s Nov diesel exports tumble as domestic fuel crunch prioritised
China’s diesel exports in November plunged 69% from a year ago as refineries prioritised domestic supply to ease a fuel crunch, while gasoline exports also dropped. BEIJING, Dec 18 (Reuters) – China’s …
IPOs in Asia face headwinds after bumper year
After a bumper year of stock listings, Asian companies may find it hard to repeat the success in 2022 given the prospect of rising interest rates and China’s tightening grip on Big Tech.
Diverging monetary policies in US, China may provide some balance to global economy
The United States and China are set to spend 2022 diverging on monetary policy, marking a new phase in the struggle to deal with the fallout of the Covid-19 pandemic and setting up a synchronised…
Hong Kong IPO debutants bear the brunt of China’s regulatory crackdown, earnings misses
The shares of 93 firms that launched IPOs in the city rose by an average of 13 per cent on the first day of trading, the least among Asia’s top five stock markets Chinese IPOs…
Continental in the crosshairs of China feud with Lithuania
Tire maker and automotive supplier Continental is stuck in the middle of a feud between China and Lithuania over Taiwan relations.