In theory, the system of free trade driving the world economy is supposed to provide a “level playing field” for all. In practice, countries have long complained that rivals unfairly dish out aid in ……
Tagged By business
China Sportswear Maker Peak Mulls A-Share IPO in 2022
Chinese athletic apparel producer Peak Sport Products Co. is planning an initial public offering of A-shares as soon as next year after delisting from Hong Kong’s stock exchange in 2016, according to … ( read…
Chinese vaping firm RLX raises $1.4 billion in U.S. IPO: source
Chinese vaping firm RLX Technology Inc sold shares in its U.S. initial public offering (IPO) on Thursday at $12 a piece, above its target range, to raise $1.4 billion, according to a person familiar ……
Bitcoin leads $100 billion crypto sell-off right as Biden becomes president: CNBC After Hours
CNBC’s Kate Rooney breaks down what to expect from the Biden administration in terms of cryptocurrency regulation. ( read original story …)
Chinese Vaping Firm RLX Prices U.S. IPO Above Marketed Range
Chinese e-cigarette maker RLX Technology Inc. has priced its U.S. initial public offering above a marketed range at $12 a share, according to a person familiar with the information and asked not to be ……
China-US relations: angels can triumph over evil and get ties back on track, Beijing says
President Biden mentioned that the US needs to be repaired and healed. I think the same is true for Sino-US relations,’ foreign ministry spokeswoman says. ( read original story …)
China Tightens Grip on Homegrown Fintech Firms After Ant Debacle
In late 2020, as Jack Ma’s Ant Group Co. prepared for a $35 billion initial public offering, many outside China wondered if the country’s financial technology giants were becoming a global competitive … ( read…
China sanctions 28 Trump administration figures including Mike Pompeo, Peter Navarro, John Bolton and Steve Bannon – forbidding them from entering the country or doing business …
Peter Navarro (top right) and Steve Bannon (bottom right) are among 28 figures from the Trump administration sanctioned by Beijing on Wednesday. ( read original story …)
China doubles new renewable capacity in 2020 and raises thermal plants base to five-year high
China is smashing wind power building records and continues to show strong solar growth, making it a top destination for foreign clean-energy investment, but it needs to halt coal-fired plants to meet … ( read…
Tencent-backed video sharing app Kuaishou kicks off Hong Kong IPO targeting US$5 billion
Kuaishou will raise the curtain for other China’s short video-sharing platforms to raise funds via IPO in Hong Kong. ( read original story …)
China’s RLX draws in $1.4bn from bigger US IPO
Chinese vape company RLX Technology raised $1.4bn from its US listing this week, pricing the deal above the marketed range after a huge turnout from investors. ( read original story …)
Value of China’s top 200 brands hits record high in 2020
The total value of China’s top 200 brands has surged 20 percent from a year earlier to hit a record high of 9.2 trillion yuan ($1.4 trillion) in 2020, according to the latest Hurun Most…
China’s hybrid warfare in the crypto space sees victory in sight
Last September, the People’s Bank of China made it explicitly clear that the communist country is focused on dominating the emerging technology of cryptocurrencies. ( read original story …)
