But to designate it as a separate company from the Beijing-based ByteDance, the TikTok IPO announcement referred to company as “TikTok Global.” Though the deal does not meet the president’s … ( read original story…
Tagged By business
China enters a new phase in the development of digital Currency/Electronic payment (“DCEP”)
As noted in our article, DCEP: China’s crypto embrace will change the world, details regarding the nature of DCEP have been somewhat vague and parties outside of the Chinese authorities are making … ( read…
China’s Ant Takes Another Step Towards $35 Billion IPO With Registration Move
The financial technology firm, backed by China’s biggest e-commerce company Alibaba Group , plans to list simultaneously on Shanghai’s Nasdaq-style STAR Market and in Hong Kong, in what sources have … ( read original story…
Hong Kong Traders Chased 1,600-in-1 Odds to Buy IPO That Flopped
One of Hong Kong’s most-popular initial public offerings among retail investors dropped in its debut, pouring cold water on the city’s red-hot sentiment over new listings. ( read original story …)
Dada Nexus Limited: This Recent IPO Stacks The Deck With JD.com And Walmart
The broad-based usage across China is very encouraging … Dada Nexus Limited has had an up and down ride since unveiling the IPO in June. Support currently sits around $21.50. ( read original story …)
NBA Commissioner Adam Silver defends league’s business relationship with China
NBA Commissioner Adam Silver said Tuesday he thinks continuing a business relationship with China is a good way to export American values. ( read original story …)
Pet-focused online retailer Boqii Holding sets terms for $77 million US IPO
Boqii Holding, China’s largest pet-focused online retailer, announced terms for its IPO on Tuesday. The Shanghai, China-based company plans to raise $77 million by offering 7 million ADSs at a price … ( read original…
House passes legislation to crack down on business with companies that utilize China’s forced labor
The House on Tuesday overwhelmingly passed legislation aimed at tamping down the exchange of goods made in forced labor camps by Uighur Muslims in China’s Xinjiang region. The Uyghur Forced Labor … ( read original…
Major brands try to determine if cotton in their clothes is from Uighur forced labor in China
“Because most brands and retailers do not disclose their fabric suppliers … cover every country where a factory makes L.L.Bean-branded product, including China, and we are actively working with our … ( read original story…
At least 5 organizations say they won’t help brands audit supply chains in China’s Xinjiang region
As concerns grow over the alleged human rights abuses and forced labor in China’s Xinjiang territory, five organizations told The Wall Street Journal they won’t provide labor-audit or inspection … ( read original story …)
IPO Launch: VIA optronics AG Seeks $100 Million U.S. IPO
The company has a global presence, with production sites in Germany, China and Japan. Management intends to focus … VIA intends to raise $100 million in gross proceeds from an IPO of 6.25 million ……
China’s Trump Card: Cryptocurrency and Its Game-Changing Role in Sino-US Trade
The US dollar will cease to be the de facto world currency as globalisation retreats, so China and the United States should work together to create a globally used cryptocurrency – a strategy that ……
China Market Update: Markets’ Worry Over US Stimulus Goes Global
Mainland China was risk-off with healthcare stocks as the only sector … One factor on today’s weakness could be the Mainland’s robust IPO market as three companies went public today and four … ( read…
