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…
Tagged By business
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 ……
China’s Checkmate: The Technology Weapon You Didn’t See Coming
China relations continue to be strained, China is developing a new type of internet – the Blockchain Services Network (BSN). ( read original story …)
China’s foreign minister Wang Yi tells European Union not to get caught up in ‘new Cold War’
As Chinese Foreign Minister Wang Yi began his first European post-pandemic tour in Italy on Tuesday, he made one key message clear: Do not get dragged into whatever “new Cold War” the US tries to…
Sen. Steve Daines won’t meet with constituents, but keeps taking taxpayer-funded trips to China
Montana Republican bills himself as China foe; has spent years building cozy relationships with Chinese officials … ( read original story …)
China Still Buying $300 Billion of Chips From U.S., Elsewhere
China will import $300 billion of semiconductors for the third straight year, underscoring how the world’s No. 2 economy remains tied to America despite billions invested in local chip-making know-how … ( read original story…
