Chinese battery giant CATL makes its debut on the Hong Kong stock exchange on Tuesday, with the firm aiming to raise $4 billion in the largest initial public offering (IPO) in the city so far…
Tagged By business
Third time lucky? Richard Li’s insurer FWD files to list in Hong Kong amid rising IPO wave
The insurer has received preliminary interest from potential investors for its third attempt to list in Hong Kong, sources say.
GM joins Ford in halting exports to China as potential tariffs loom
Goods imported into China from the US faced tariffs of more than 100% before the two countries agreed to lower the levies for 90 days.
China’s Economy Stumbles As It Fails To Shake Off Trump’s Tariff Gut Punch
New economic data shows key Chinese industries continuing to struggle in the wake of President Donald Trump’s reciprocal tariffs. Retail sales, which track the sale of new and used goods to the …
GM to stop exporting vehicles from US to China, company says
General Motors on Friday informed employees and dealers for its China export business that it would stop shipping vehicles to China from the United States, the company said.
A Premium Brand You’ve Never Heard Of Is Crushing BMW And Mercedes
Seres Group’s Aito brand has tripled its sales in three years and outsells every Western automaker in the Chinese luxury market …
China Accuses US of Undermining Geneva Trade Talks With Huawei Stance
The Chinese government accused the Trump administration of undermining recent trade talks in Geneva with its warning that using Huawei Technologies Co.’s artificial-intelligence chips “anywhere in the …
Trump’s massive import taxes haven’t done much economic damage — yet
WASHINGTON (AP) — For months, American consumers and businesses have been hearing that President Trump’s massive import taxes – tariffs – would drive up prices and hurt the U.S. economy. But the …
China imposes hefty duties on US plastic imports amid trade tension
Anti-dumping duties of up to 74.9% on the importation of polyoxymethylene (POM), a plastic used in automotive components and household appliances, have come into effect, the Ministry of Commerce …
China urges Germany not to undermine cooperation in name of ‘de-risking’
China and Germany should prevent undermining their normal bilateral cooperation in the name of “de-risking”, Chinese Foreign Minister Wang Yi told German Foreign Minister Johann Wadephul in a phone call on Monday.
Tesla supplier CATL, the world’s leading battery maker, to start trading in HK after a bumper $4.6 billion IPO
CATL is foraying into global markets amid growing trade tensions between the U.S. and China, which have sent markets careening over the past several weeks.
China tariffs are no longer 145%, but for small businesses in the crossfire, ‘it’s still awful’
President Donald Trump’s decision to impose a steep tax on most goods that come into America has tested the mettle of small business owners whose companies are reliant on global trade.
China’s economy slows in April as trade war blues hit retail sales, housing and investment
Key economic indicators show China’s economy slowing somewhat in April, with retail sales, property and investment coming in weaker than economists had forecast.
