IPO market kicked off trading on Monday in a frenzy as circuit breakers were triggered for both surging and slumping stocks on their debuts. ( read original story …)
Tagged By business
Fashion’s Cry for Help on Forced Labor in China
“Brands are very much able to assess who they … said 84 percent of the cotton grown in China comes from Xinjiang, accounting for about 18 percent of global production. There is very little ……
Chinese Electric SUV Maker Seeks Up to $950 Million in U.S. IPO
Li Auto Inc., a Chinese electric carmaker, is seeking as much as $950 million in a U.S. initial public offering. ( read original story …)
China-Backed Crypto Guru Wants to Unify the World’s Blockchains
Think of it as the crypto-world equivalent of a cloud service like Amazon … government and individual users primarily from China. Red Date, backed by the nation’s top economic planner, is the … ( read…
The Guardian view on China and the Uighurs: everyone’s business
It has taken too many horrors, but at last the world is paying heed to China’s treatment of the Uighurs. Satellite pictures of detention camps, and procurement requests for spiked clubs, have been … (…
BSN ‘Split’ Can Stimulate China’s Blockchain Sector Toward Global Reach
Launched in April 2020, China’s Blockchain Service Network was designed to serve as a hosting platform for small and medium-sized businesses as well as independent entrepreneurs alike. ( read original story …)
China Doesn’t Want to Conquer, Just Do Business
Brown/AFP/ Secretary of State Mike Pompeo said Thursday that the purpose of China’s People’s Liberation Army is not to protect its homeland but to “expand a Chinese empire.” Earlier this month, he … ( read…
Foreign business environment in China would be ‘the thing to watch,’ analyst says
Businesses would be losers amid the souring relations between the U.S. and China, says Angela Mancini of Control Risks. ( read original story …)
IPO Launch: Li Auto Proposes Terms For $855 Million U.S. IPO
Li Auto (LI) intends to raise $855 million from the sale of ADSs representing underlying Class A stock in an IPO, according to an amended registration statement. The company designs and manufactures … ( read…
It Is the China Dream That Hinders Digital Yuan Says Fisco Executive
China’s digital yuan looks to be scaling smoothly but its core political slogan may disrupt further development … ( read original story …)
The US Navy again has 2 carrier strike groups in the South China Sea as the US and China trade jabs
The Navy says the exercises are unrelated to current events, but they come at a time of heightened tensions in the South China Sea. ( read original story …)
Pompeo urges more assertive approach to ‘Frankenstein’ China
U.S. Secretary of State Mike Pompeo took fresh aim at China on Thursday and said Washington and its allies must use “more creative and assertive ways” to press the Chinese Communist Party to change ……
World shares retreat on rise in Sino-US tensions
Global shares skidded further from five-month peaks on Friday as a bounce back in European business activity did little to ease the jitters surrounding Sino-U.S. tensions, while gold approached a … ( read original story…
