The pace of wealth creation in China just reached a whole new level.Just ask Hu Kun, chairman of Contec Medical Systems Co. Shares of the instruments maker surged more than 10-fold in its market debut…
Tagged By business
The Digital Yuan Is China’s Attempt To Upend The Global Financial Order
The digital yuan would be one of the most aggressive consolidations of economic power the world has seen in the 21st century — perhaps the most. ( read original story …)
To Dunhuang & Yangshuo, Chinese Brands Embrace Destination Shows
While Louis Vuitton moved its spring 2021 men’s show to Shanghai from its usual spot Paris to maximize its value amid a robust China rebound, Chinese fashion brands, which are no longer satis … To…
China’s Xpeng IPO raises $1.5 billion in U.S. IPO for smart EV technologies, expansion
The IPO, which is the third major listing in New York by Chinese EV companies in the past two years, comes as share prices of EV makers including Tesla and Nio have surged in recent…
China’s Xpeng IPO raises $1.5 billion for smart EV technologies, expansion
Chinese electric vehicle (EV) maker Xpeng said on Thursday it has increased the size of its U.S initial public offering (IPO) by more than a third to about $1.5 billion, as global investors race to…
Is the ‘Shopify of China’ Losing Its Momentum?
Its adjusted net income surged 73% to 146 million yuan ($20.7 million), or $0.35 per ADS — which also topped expectations by $0.11. But in the third quarter, Baozun expects its revenue to rise just…
Is it a good time for business between the U.S. and China?
The 37-year-old entrepreneur is a distributor for U.S. brand ScaleBlaster’s water-descaling system. Because of the U.S.-China trade war, he has to pay an additional 5% in tariffs to import goods into … ( read original…
Chinese EV Maker Xpeng Increases U.S. IPO Size to $1.5 Billion
Chinese electric vehicle (EV) maker Xpeng said on Thursday it has increased the size of its U.S initial public offering (IPO) to about $1.5 billion. ( read original story …)
China to use its digital yuan in the 2022 Winter Olympics
The exact launch date of the digital currency remains unspecified. China is currently conducting trials of digital yuan across several provinces in the nation. The People’s Bank of China (PBoC) is … ( read original…
U.S. slaps trade sanctions on more Chinese entities, this time for South China Sea island building
The U.S. placed 24 Chinese companies on its trade blacklist over China’s construction of islands in the South China Sea. ( read original story …)
U.S. slaps trade sanctions on more Chinese entities, this time for South China Sea activities
The U.S. placed 24 Chinese companies on its trade blacklist over China’s construction of islands in the South China Sea. ( read original story …)
China Market Update: Ant Group Files For Hong Kong IPO, US-China Trade Teams Talk
Asian equities had a mixed day on light summer volumes, despite news prior to the open that USTR Lighthizer and Treasury Secretary Mnuchin had a call with Vice Premier Liu He. Both sides had positive…
U.S. Firms in China Say Trump’s WeChat Ban Will Hit Them Where It Hurts
U.S. businesses in China are pushing back against a looming Trump administration ban on Tencent’s WeChat app, with a report shedding light on just how vital the tool is to companies doing business in ……
