By John Richardson AS OF yesterday, around 70% of US paraxylene capacity was offline. No less than 67% of US ethylene capacity and 14% of benzene capacity had been impacted by the severe winter ……
Tagged By business
XPeng Holders Reportedly Sell Stock as IPO Lockup Expires
Early investors in XPeng are reportedly selling shares of the electric-vehicle producer as a lockup tied to its initial public offering expires. ( read original story …)
HSBC Takes the Slow Boat to China
HSBC’s much-anticipated strategic update continues the bank’s frustratingly slow pivot toward Asia, only with lower shareholder returns. ( read original story …)
12 Japanese To Suspend Business Deals Involving Forced Uyghur Labour In China’s Xinjiang
At least 12 Japanese companies have announced that they would cease business deals with Chinese firms found to be benefitting from the forced Uyghur labour. ( read original story …)
Chinese car maintenance start-up Tuhu plans US IPO after $400mn fundraising
Two separate sources, however, cautioned the company, which provides services via its website, mobile app, call centre and third-party platforms, has not yet made a final decision on the IPO plan. * … ( read…
Fortune 500 Firm Geely and Concordium announce a joint venture to provide blockchain technology backed by Concordium’s blockchain technology
Geely and Concordium announce a joint venture to provide blockchain technology and service in China backed by Concordium’sblockchain technology. ( read original story …)
Sino Global Shipping Partners up with CyberMiles Blockchain to Explore Non-Fungible Token Business
CyberMiles (https://www.cybermiles.io/en-us/) (CMT) is a next generation public blockchain for smart contracts … Sino-Global has offices in Los Angeles, Mainland China, Australia, Canada and Hong … ( read original story …)
InvestorBrandNetwork Launches ChineseWire.com – a Communications Platform Focused on Promising China-Based Companies Listed in North America
ChineseWire.com is a pioneering communications platform that is putting a spotlight on Chinese companies from a wide range of industries and stages of development, with the aim of helping investors … ( read original story…
Xiaomi Mi Smart Band 6 is approved outside of China
Xiaomi is preparing to launch a new generation of its smart bracelets – Xiaomi Mi Band 6. Until the launch in China took place, the … ( read original story …)
Blockchain Technology Market Driven by the Growing Adoption of Technological Innovations | COVID-19 Impact on Blockchain Technology Market
Blockchain Technology Market Research Report- Forecast till 2023 Market Highlights Market Research Future (MRFR), in … ( read original story …)
Meet The Company Making $31 Million A Year Helping Influencers Build Their Brands With Custom Merch
Five years later, Denis has 9 million YouTube followers and banks seven-figures a year, while Kopotun has got a business: Juniper, an ecommerce company that partners with influencers to manufacture … ( read original story…
Xiaomi Mi GaN Charger Type-C 33W launched in China for ¥79 ($12)
Xiaomi sells smartphones at different price segments. Almost all the handsets sold by the company support at least 18W fast charging, except for the few entry-level budget models. The most common … ( read original…
As China Demands U.S. Reset, Joe Biden Continues Donald Trump Pressure Campaign
The State Department on Monday dismissed Chinese grievances over U.S. remarks as Beijing’s “tendency to avert blame.” … ( read original story …)