Microblogging platform Weibo, and NetEase-backed music streaming site Cloud Village are racing to complete their fundraising ahead of the long year-end holiday.
Tagged By business
Trade between China, Africa up 27.4 percent in January-October
Trade in goods between China and Africa rose 27.4 percent year on year to 1.34 trillion yuan (209.7 billion U.S. dollars) in the January-October period, data from the General Administration of Customs …
Apple becomes China’s largest smartphone brand
New research says that during October 2021, Apple’s sales of the iPhone grew 46% month over month in China, making it the country’s largest smartphone manufacturer.
China’s $133 million avocado market next for Tanzania
The key player in a multi-million-dollar horticulture industry has set eyes on a $133 million Chinese avocados market, after South Africa cleared the Tanzanian avocados to access its …
San Yang Ma (Chongqing) Logistics’s IPO to debut on Shenzhen Stock Exchange
Logistics (001317) to start trading on the Shenzhen Stock Exchange’s Main Board Nov 30, tomorrow. The firm has issued 20.01 mln shares priced at RMB 16 per share raising RMB 320.16 mln. Its …
China’s crypto censorship reaches over news outlets and mining pools
China’s internet censorship machine has expanded to include crypto media outlets and mining pools in a continued attempt to minimize Chinese users’ exposure to the crypto market ecosystem. Chainnews, …
Chery’s Export Sales Exceed 200,000, Breaking Record for Chinese Brands
Chery Group released its latest sales data. Against the complicated environments such as the changes in the pandemic situation and global chip shortages in the car industry, Chery continued to …
Cloud Village records $419m IPO
Music streaming company Cloud Village has bagged HK$3.26bn ($418.5m) by pricing its IPO around the mid-point of the marketed range. The listing, which is a spin-off by Chinese internet company NetEase …
Will crypto destabilize countries and undermine the role of the US dollar?
By Ilias Louis Hatzis. IMAGE SOURCE Recently in the news, Hillary Clinton, the former Democratic presidential candidate in the 2016 elections, warned that cryptocurrencies could destabilize countries …
In China and Europe, the work of policy super stimulus is not over yet
Supply-side logjams, rising inflation and the Omicron Covid-19 variant are all headwinds to global growth China and Germany are well placed to benefit once normal business conditions return, but …
How to Import Electrical Accessories from China to Saudi Arabia?
China is considered by many importers from other countries to be the most suitable country of origin for imported goods based on its large population base, rapidly developing manufacturing industry …
Cryptocurrency mining is causing power shutdowns in Kazakhstan, and China may be to blame
Cryptocurrency miners in Kazakhstan have been causing power shutdowns and blackouts. The sudden increase in crypto mining is reportedly due to mining firms from China flocking to the country after the …
Chinese smartphone brands slip in China – but India is different
Chinese smartphone-makers are slipping in their home turf but seem to be doing rather well in a place where they weren’t expected to — India. Chinese brands’ loss in their country is a gain for…
