Chinese offshore operator CNOOC Ltd managed to boost its net profit to a record high in 2021, having made breakthroughs in reserves and production growth. Revenues shot up by 59.1% year-on-year to 222 …
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Hong Kong’s dry spell of IPOs slashes first-quarter fundraising by 90 per cent, pulls city’s global ranking down to sixth place
Funds raised from new share listings in Hong Kong sank 90 per cent in the first quarter, pushing the city to sixth place in the global rankings for IPOs, but some analysts expect a rebound…
It Would Be Folly for China to Bust Russia Sanctions
Tempting as it may be to turn a quick profit and help a friend in need, Beijing would be smart enough not to take the risk.
EU To Push China At Summit To Not Help Russia In Ukraine War
EU and Chinese leaders meet for a first summit in two years on Friday with Brussels keen for assurances from Beijing that it will neither supply Russia with arms nor help Moscow circumvent Western …
Antibody firm Remegen raises $410M in Shanghai IPO, but stock tumbles
Less than a year after winning approval in China for the first domestically developed antibody-drug conjugate (ADC), Remegen Co. Ltd. raised ¥2.6 billion (US$410 million) and picked up a listing on …
WH insists Biden didn’t lie about Hunter’s business deals in China at 2020 debate
The White House stood by the claims even after they were demonstrated to be untrue amid reports the president’s son may soon face criminal charges.
Can anything take the Shein of China’s e-commerce titan?
Nanjing-based Shein has found rapid success through social-media dominance and a clever business model. Now it takes on rivals from around the world and the challenge of sustainability.
Export sales declined this week for many commodities
Export sales for soybeans and pork were up, whiles sales for the rest of the major commodities were down. Soybean sales were up noticeably from the previous week with primary increases for China, the …
U.S. confirms ex-Pentagon official for Commerce Dept Russia export control post
The U.S. Senate on Thursday confirmed Alan Estevez to serve as under secretary of commerce for industry and security, a key post overseeing restrictions on exports to countries like Russia and China.
China’s prohibition on bitcoin mining might be a “trillion-dollar” gift to the United States as bitcoin miners go green
China offered the United States a trillion-dollar present when it banned bitcoin (BTC) mining in May of last year, according to one mining CEO.
Does Hollywood Need to Rethink Its China Strategy?
As the Asian power’s domestic film market mostly thrives, the disappointing box office for Warner Bros.’ ‘The Batman’ and other recent releases suggests a continuing decline in audience enthusiasm for …
HSBC’s New Insurance Chief Eyes ‘Crucial’ New China Expansion
Greg Hingston, who took over as global chief executive of HSBC Holdings Plc’s insurance unit in January, has had a busy quarter, closing the group’s first acquisition in a decade, building out the …
China summit NOT “business as usual” – EU
The 23rd bilateral Summit between the European Union and China, to be held via videoconference on Friday, will not be “business as usual,” EU officials said Thursday. Speaking to reporters in Brussels …
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