Uber-like Chinese startup Full Truck Alliance is preparing for a U.S. initial public offering that could raise at least $1 billion as soon as this year, after eking out a slim 2020 profit thanks to…
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China records the top five largest VC deals globally in Q4’20, finds KPMG analysis
Venture Capital (VC) investment in Asia continued to rebound in Q4’20, primarily driven by a continued surge in investment in China. Chinese companies accounted for nine out of the top ten largest VC … (…
What bubble? HK retail investors seek $50 bln in loans for Chinese online video IPO
Hong Kong’s mom-and-pop investors have amassed over $50 billion in margin financing to buy shares in the initial public offering of China’s Kuaishou Technology, defying concerns about a pullback in … ( read original story…
Aurora Mobile Partners with an Iconic German Luxury Vehicle Brand to Promote the Development of …
Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the “Company”), a leading mobile developer service provider in China, today announced that it has entered into a partnership agreement with an … ( read original story…
15 Billion Packets Sold Globally, China’s Wujiang Now World Famous!
Billion Packets of Wujiang Chinese Mustard Pickle Sold Globally (Photo: Business Wire) Wujiang Chinese Mustard Pickle is the leader of the Chinese pickle industry. On January 18 th, 2021, there was a … ( read…
China opposes discriminatory actions by India against Chinese firms
China opposes any discriminatory and restrictive measures against its firms, a commerce ministry spokesman said on Thursday, in response to queries about India’s continued ban on 59 Chinese apps. ( read original story …)
‘Travellers need reassurance’: Helena Rubinstein targets China’s recovering travel market to boost brand growth
Luxury brand Helena Rubinstein is aiming to drive its brand growth in Asia Pacific by tapping into China’s rebounding domestic travel market. ( read original story …)
Canali Teams With Emerging Chinese Brand on Fall 2021 Capsule
China, where Canali operates 42 stores in 10 different cities, currently accounts for 20 percent of the Italian brand’s business. ( read original story …)
The impact of China’s de-dollarisation
The news about China dumping the dollar in favour of its own Renminbi (RMB) cryptocurrency is creating a lot of debates among stakeholders. ( read original story …)
Ant IPO possible if issues resolved: China’s central bank
BEIJING • Ant Group could resume its plans for an initial public offering (IPO) once problems are resolved, China’s central bank chief said, offering some relief to global investors seeking signs on … ( read…
Insurance Broker’s Stock Is Halted as IPO Surges 1,150%
A larger offering by the solar-power company Shoals Technologies Group—2021’s second-biggest so far— was up nearly 40% at one point. ( read original story …)
China is rolling out new uniforms to make troops on disputed South China Sea islands more comfortable
China is working to improve soldiers’ quality of life on remote stations in disputed areas of the South China Sea. ( read original story …)
Chinese smartphone brands expanded India market share in 2020: Report
Chinese smartphone brands increased their market share in India in 2020, a year marked by deadly border clashes between the Asian neighbours and … ( read original story …)
