China is smashing wind power building records and continues to show strong solar growth, making it a top destination for foreign clean-energy investment, but it needs to halt coal-fired plants to meet … ( read…
Tagged By business
Tencent-backed video sharing app Kuaishou kicks off Hong Kong IPO targeting US$5 billion
Kuaishou will raise the curtain for other China’s short video-sharing platforms to raise funds via IPO in Hong Kong. ( read original story …)
China’s RLX draws in $1.4bn from bigger US IPO
Chinese vape company RLX Technology raised $1.4bn from its US listing this week, pricing the deal above the marketed range after a huge turnout from investors. ( read original story …)
Value of China’s top 200 brands hits record high in 2020
The total value of China’s top 200 brands has surged 20 percent from a year earlier to hit a record high of 9.2 trillion yuan ($1.4 trillion) in 2020, according to the latest Hurun Most…
China’s hybrid warfare in the crypto space sees victory in sight
Last September, the People’s Bank of China made it explicitly clear that the communist country is focused on dominating the emerging technology of cryptocurrencies. ( read original story …)
China-Australia relations: what drove Chinese initial public offerings to stay away from Down Under since 2017?
Chinese companies raised a record US$281.6 billion from stock markets worldwide last year – but none of it was from Australia. ( read original story …)
Are Cruelty-Free Cosmetics Brands Ready For China?
New exemptions for cruelty-free cosmetics companies entering the China market are good news, but China’s local beauty leaders offer stiff competition. ( read original story …)
Research: China Still Dominating the Cryptospace Despite Regulatory Bottlenecks
The latest research report released by Messari has revealed that the Asian region still dominates the cryptocurrency markets, with China leading the pack, despite the country’s overly strict, albeit … ( read original story …)
China unveils plan to build a global payment network based on central bank digital currencies
China’s BSN has revealed plans to develop a universal digital payments network (UDPN) based on central bank digital currencies (CBDCs). ( read original story …)
Asia accounts for almost half of global crypto trading: Messari report
Crypto activity in Asia is equivalent to that in the U.S. and Europe combined. Research by Messari has delved into the Asian crypto landscape and revealed the region accounts for almost half of all ……
China’s Tech Giants Are Muscling In on Lucrative IPO Market
China’s big technology companies, facing a crackdown at home over their dominance in online commerce and push into finance, are finding success in underwriting initial public offerings abroad. ( read original story …)
Stellantis CEO: all our brands get a chance, China options open
Stellantis, the carmaker forged from the merger of Fiat Chrysler and Peugeot-owner PSA, will give all its 14 brands a chance at success and keep all options on the table for revitalising its … (…
In China, Investors Drain Mutual Funds Slated For Failed Ant IPO
The fallout from Ant Group’s failed IPO continues, as millions flee five mutual funds that pitched themselves as a way to gain access to the FinTech’s shares. ( read original story …)
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