The transactions represent Shenzhen-listed SF’s first offshore fundraising since its initial public offering in Hong Kong in November.
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Chinese Companies Line Up Nearly $2.0 Billion of Fundraising
Chinese express delivery firm S.F.Holding plans to raise 5.90 billion Hong Kong dollars, or about US$751.6 million, via a share placement and convertible bond issuance, it said in an exchange filing.
Why are fewer wealthy Chinese likely to emigrate this year?
Report cites appeal of improved business environment, while growing uncertainty surrounding overseas study is also set to play a role.
China takes action on key US fentanyl demands
China has taken a series of actions in the past week on counter-narcotics, in a sign of cooperation with U.S. demands for stronger action on the synthetic opioid fentanyl, a key irritant in the …
‘Creating software buzz next key step for Hetao’
Attracting investments and talent is just as crucial as building infrastructure when it comes to the development of a massive technology zone …
China’s drug innovators tap AI to quicken discovery, slash costs, win deals
A deal between Shenzhen-based XTalPi and US firm DoveTree shows Chinese biotech AI capabilities are gaining recognition.
China’s collateral demands curbing emerging countries’ ability to manage finances, study shows
China’s practice of securing its loans to low-income nations through commodity revenue streams and cash held in restricted escrow accounts is curbing their ability to manage their finances effectively …
Russia Plans to Teach China How to Beat US and NATO Weapons: Ukraine Intel
Analysts say Beijing is eager to learn from Moscow’s combat experience, even as its military capabilities eclipse its Russian ally’s …
China to overtake Australia as world’s top lithium miner by 2026, Fastmarkets says
China by next year will overtake Australia as the world’s top miner of the battery metal lithium, according to a forecast from consultancy Fastmarkets, and its market prowess is expected to grow …
S&P Chief Economist: ‘less pessimistic’ on U.S.-China tariffs, forecasts 2.9% global growth
Paul Gruenwald, Chief Economist at S&P Global Ratings is forecasting global GDP growth at 2.9% in 2025, saying China is “the one country that really moves the global needle” amid ongoing economic …
China, Taiwan clash over history, Beijing says can’t ‘invade’ what is already its territory
China and Taiwan have clashed over their competing interpretations of history in an escalating war of words over what Beijing views as provocations from Taiwan’s government, and said it is impossible …
COVID-19: ‘Razor-Blade Throat’ Variant Spreading Rapidly In US
A new COVID-19 variant marked by a painful “razor-blade throat” symptom is spreading rapidly in the United States. The strain, NB.1.8.1, also called Nimbus, is an offshoot of the highly transmissible …
OpenAI says China’s Zhipu AI gaining ground amid Beijing’s global AI push
OpenAI said on Wednesday its analysts have seen notable progress by Chinese start-up Zhipu AI in securing government contracts across several regions, signaling China’s growing momentum in pursuing …
