Chinese electric vehicle maker Xpeng could raise as much as $1.275 billion from its U.S. initial public offering (IPO) after flagging that its shares would be priced at $15, two sources with direct … (…
Tagged By business
China’s Ant cites geopolitical tensions for domestic IPO decision
E-commerce giant Ant Group’s market debut could be among the biggest ever, possibly surpassing Saudi Aramco’s listing. ( read original story …)
BlackRock: China Will Continue to Be a Growth Engine
Ben Powell, chief Asia Pacific investment strategist at BlackRock Investment Institute, shares his views on Asian stocks, economies, and emerging-market debt. He speaks with Manus Cranny and Yousef … ( read original story …)
China says no need for panic buying of food and oil
Still, farmers and traders should prevent food waste caused by improper storage, while farmers who stockpile in the hope of later gains should be wary that prices could turn against them, ministry … ( read…
China, Italy must push for new progress in ties: Chinese FM
China and Italy should build on the good momentum of their joint fight against the COVID-19 pandemic to push for new developments in their bilateral relations, visiting Chinese State Councilor and … ( read original…
China’s Crash Diet Begs The Question: Is It Facing A Food Crisis?
China is among the world’s biggest food producers and consumers, with nearly 1.4 billion mouths to feed. But heavy flooding this year in the Yangtze River basin — the source of most of China’s rice…
‘All girls, buy it!’ In China, Perfect Diary gives cosmetics world a makeover with live streams, low prices
With chat groups, video streams and low prices for foundation, China’s Perfect Diary has emerged from nowhere four years ago to become a cosmetics giant for the digital age, trailing only L’Oreal and … (…
Ant IPO: China’s mighty financial group heads for a mega market debut
Headquartered in the Chinese city of Hangzhou, Ant was launched in 2004 by e-commerce giant Alibaba and its founder Jack Ma. Since then Alipay has become China’s dominant mobile payments business. ( read original story…
BlackBerry makes China push as the OS for Xpeng smart cars
Now it’s brought that section of its business to China. This week, BlackBerry announced that it will be powering the Level 3 driving domain controller of Xpeng, one of the most-funded electric … ( read…
Tmall Luxury Connects High-End Brands with China’s “New Luxury” Gen Z Consumers
Tmall Luxury, China’s leading online destination for high-end and designer brands, announced new features to bolster luxury brands’ connections with China’s Gen Z, a digital-first fashion-forward … ( read original story …)
S&P 500, Nasdaq close at record highs on trade, vaccine developments
The S&P 500 and the Nasdaq hit all-time closing highs on Tuesday, but a drop in Apple stock capped gains from positive developments in U.S.-China trade and fresh progress in the medical battle against ……
JPMorgan would need to pay $1 billion for full ownership of China mutual fund JV
JPMorgan would need to pay $1 billion for full ownership of its Chinese mutual fund venture, a statement on the Shanghai United Asset and Equity Exchange showed on Tuesday, a price tag that analysts ……
JPMorgan to pay $1 billion for full ownership of China mutual fund JV
JPMorgan is to pay $1 billion for full ownership of its Chinese mutual fund venture, a statement on the Shanghai United Asset and Equity Exchange said on Tuesday, a price tag that analysts said was…
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