China’s commerce ministry on Friday announced preliminary anti-dumping duties ranging from 107% to 212% on Australian bottled wine imports. ( read original story …)
Tagged By business
China’s IPO Problem: Why Can’t Shanghai Run A Public Offering?
PetroChina launched an IPO), and was valued at $1Tn. In the next 20 weeks, the share price fell 52%. The stock never recovered. Today, PetroChina’s shares are down almost 90% from the IPO price. (…
Jack Ma’s Ant IPO Unlikely To Happen Before 2022 Over New Regulatory Hurdles: Report
Alibaba Group Holding Ltd (NYSE: BABA)-backed Ant Group is unlikely to be able to hold its suspended initial public offering before 2022, Bloomberg reported Sunday. What … ( read original story …)
Three firms team up for high-end auto brand
Contemporary Amperex Technology Co Ltd, a Chinese battery maker, will cooperate with Huawei Technologies Co, a technology giant, and Changan Automobile, a vehicle maker, to build a brand-new high-end … ( read original story …)
China’s manufacturing accelerates in November
China’s manufacturing activity accelerated in November as its rebound from the pandemic gained strength, a survey showed Monday, while the United States and Europe struggled with rising infections and … ( read original story …)
In his own words: German ambassador to China on Hong Kong, the economy and the Indo-Pacific
Berlin’s China envoy Clemens von Goetze reflects on a challenging year for bilateral relations and the future outlook. ( read original story …)
Ant IPO Is Said to Face Slim Chances of Getting Done Next Year
The chances that Jack Ma’s Ant Group Co. will be able to revive its massive stock listing next year are looking increasingly slim as China overhauls rules governing the fintech industry, according to … (…
Treasury Diverts Penfolds From China as 169% Duties Bites
Treasury Wine Estates Ltd. unveiled an emergency plan to find new markets for its best-known labels including Penfolds after China imposed crippling anti-dumping duties of 169% on its wine over the … ( read original…
Treasury Wine to Divert Labels From China as 169% Tariffs Bite
Treasury Wine Estates Ltd. is planning for years of negligible demand in China and will divert its marquee brand Penfolds to other countries, after anti-dumping duties came into force over the weekend … ( read…
Made Money On A China IPO? Be Careful About What Happens Next
It’s been a big year for Chinese companies raising money from IPOs and many foreign investors have done well. Yet China has been a mixed bag when it comes to governance among companies that list…
‘Our vision is to be among the world’s top five brands’
In the last decade, we have conquered the domestic market and in the next decade, our vision is to become a global brand.” At present, Walton — which manufactures a mindboggling array of gadgets ……
Chinese fast-fashion brand sells 30,000 super-cheap items to British girls every day
Few over the age of 30 will have heard of the clothes label Shein. Yet from its base 6,000 miles away on the Pearl River delta, this Chinese brand could soon be the biggest retailer…
Forget decoupling. China’s economy is wedded to globalisation
China has signalled its interest in large free trade agreements, even those led by the US or Japan. The RCEP is but a small gambit in China’s larger quest to connect its economy with the…
