BlueCity Holdings, a leading online LGBTQ community and dating platform in China, announced terms for its IPO on Wednesday. In its latest filing, the company also removed CITIC as an underwriter and … ( read…
Tagged By business
China reopens but businesses struggle to lure back consumers
China’s economy has reopened but retailers, restaurants and other businesses that employ millions of people are struggling to lure back consumers who worry about the virus and possible job losses … ( read original story…
China Highlights Blockchain in Pandemic Preparedness Strategy
China is looking into the use of blockchain technology to promote data sharing among medical institutions amid future pandemics … ( read original story …)
Chinese workforce solutions provider Quhuo sets terms for $27 million US IPO
Quhuo, which provides workforce operations solutions for consumer service platforms in China, announced terms for its IPO on Tuesday. The Beijing, China-based company plans to raise $27 million by … ( read original story …)
Global markets post best quarter in a decade as China’s factories strengthen – business live
Rolling coverage of the latest economic and financial news … ( read original story …)
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 …)
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