Chinese President Xi Jinping has called for cooperation in fighting the twin challenges of the pandemic and climate change in an address to the World Economic Forum … ( read original story …)
Tagged By business
China Overtakes U.S. as Top Destination for Foreign Investment: Live Updates
The tit-for-tat trade restrictions between China and the United States under the Trump administration, coupled with the coronavirus pandemic, have given China a surprising edge. China has for the … ( read original story …)
UPDATE 1-China’s c.bank to examine fintech firms for illegal credit scoring business
China’s central bank will look into and punish illegal personal credit scoring businesses, a central bank official said on Monday, as the government tightens regulation on fintech firms who collect … ( read original story…
China’s c.bank to examine fintech firms for illegal unlicensed credit scoring business
China’s central bank will look into and punish illegal unlicensed personal credit scoring businesses, a central bank official said on Monday, as the government tightens regulation on fintech firms who … ( read original story…
Kuaishou, TikTok’s rival in China, wants to raise more than $6 billion in Hong Kong IPO
A short-form video app that competes with the Chinese version of TikTok is preparing for what is expected to be the world’s largest initial public offering since the coronavirus pandemic began. ( read original story…
TikTok rival Kuaishou aims to raise $5.4 billion in what could be the biggest tech IPO since Uber
The IPO could value Chinese livestreaming and short video app Kuaishou, a TikTok rival, at up to $60 billion. ( read original story …)
Kuaishou, TikTok’s rival in China, could be the biggest IPO since the pandemic began
A short-form video app that competes with the Chinese version of TikTok is preparing for what is expected to be the world’s largest initial public offering since the coronavirus pandemic began. ( read original story…
Chinese brands are gaining popularity at home. Here are 3 stocks to watch
Social media and e-commerce have shaken up the retail industry and raised stakes for companies trying to sell to China’s increasingly price-conscious consumer. ( read original story …)
China’s Love of TikTok-Style Apps Powers $5 Billion IPO
Kuaishou Technology has its eyes on the world’s biggest initial public offering in more than a year, seeking to raise about $5 billion from a Hong Kong share sale. ( read original story …)
TikTok rival Kuaishou to raise up to $6.3bn in Hong Kong IPO
Chinese livestreaming and short video group Kuaishou is set to raise up to $6.3bn in a Hong Kong initial public offering in a test of investor appetite for China’s tech sector as it faces growing…
Major cities to pioneer China’s digital currency electronic payment trials ahead of 2021 launch
The expansion of the DCEP testing to larger cities could mark the final phase before the official launch. The People’s Bank of China (PBOC) has made tremendous progress in developing a central bank … (…
China’s Kuaishou Aims to Raise up to $5.42 Billion in Hong Kong IPO
HONG KONG (Reuters) – Chinese online video company Kuaishou Technology is aiming to raise $4.95 billion to $5.42 billion in an initial public offering (IPO) that will be the largest in Hong Kong for ……
U.S. -China Trade Tensions Will Persist Under Biden: TD Bank Economist
With the new Biden administration, certainly you’re going to have the same complaints about the trading relationship with China as the previous administration did” … ( read original story …)