Rolling coverage of the latest economic and financial news … ( read original story …)
Tagged By business
IPO fundraising doubles in H1 despite COVID-19
IPO fundraising doubled year-on-year in the first half of this year despite the fight against COVID-19, the 21st Century Business Herald reported on Tuesday. The normal operation of issuing and … ( read original story…
Detergent maker Blue Moon Group files for US$1 billion Hong Kong IPO
Laundry detergent maker Blue Moon Group to pursue IPO in Hong Kong as soon as the third quarter, according to a person familiar with the discussions. ( read original story …)
Kweichow Moutai: ‘Elite’ alcohol brand is China’s most valuable firm
Despite producing one of China’s most prestigious brands, few people will have heard of it outside of the country until now. As its value has risen, Kweichow Moutai has leapfrogged Industrial & … ( read…
VF Corp. Makes a Change Aimed at Fueling Growth in China
“When we introduced our new global business strategy in 2017, we declared our commitment to invest in our [Asia Pacific] region and accelerate growth for our brands, all with a particular emphasis on … (…
Why US-China supply chain decoupling will be more of a whimper than a bang
Some degree of economic decoupling is under way, but it’s unlikely that a large number of American firms will cut China out of their supply chains. ( read original story …)
China Crypto Miner Ebang Plans to Start Bitcoin Exchange in 2020
Chinese crypto mining giant Ebang International Holdings Inc. is planning to launch an offshore exchange for digital assets this year, hoping to expand beyond a sector that tends to boom and bust with … (…
U.S. Allies Capture China Tech Business Despite Washington’s Curbs
The U.S. is making it tougher for American companies to help Beijing roll out superfast 5G cellular networks, but companies in Japan are fueling China’s leap ahead—and making money doing it. ( read original story…
EXCLUSIVE: China’s BSN to integrate public blockchain Nervos
One of China’s most promising public blockchain projects is coming to the BSN, a first for the government-backed blockchain solutions network. ( read original story …)
Black Models See Rising Representation in China
While the Black Lives Matter movement is spurring swift change across the fashion industry, and society as a whole, in the U.S., the demand for Black models in China is also on the rise because…
The U.S.-China Feud Gets Nasty
The U.S. and China are moving beyond bellicose trade threats to exchanging regulatory punches that threaten a wide range of industries including technology, energy and air travel.The two countries … ( read original story …)
China Mints New Billionaire As Growth In Surgeries Lifts Sales Of Medical Instruments
Today’s new listing at the Hong Kong Stock Exchange by a China medical instruments supplier has minted the latest billionaire from the country. Shares in Kangji Medical Holding nearly doubled in early … ( read…
BHP completes first blockchain iron ore trade with China’s Baosteel
BHP Group has completed its first blockchain trade in iron ore with China Baoshan Iron & Steel Co Ltd, in a transaction worth around $14 million. ( read original story …)
