The high-profile obesity drug developer priced the biotech sector’s biggest offering since 2022 and will use the proceeds to support a portfolio of medicines licensed from China’s Hengrui Pharma.
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Former China Mobile Internet chief under investigation
Hong Xiaoqin, former chairman and general manager of China Mobile Internet Co, is under investigation for suspected serious violations of Party discipline and national laws, according to a statement …
China Expected To Launch Yuan Stablecoin Within Five Years
China is likely to issue a stablecoin backed by the Yuan currency within the next five years, according to the CEO …
China’s Sigenergy shares more than double in Hong Kong debut after $562 million IPO
By Donny Kwok and Yantoultra Ngui HONG KONG/SINGAPORE, April 16 (Reuters) – Sigenergy Technology, a Chinese energy storage systems maker, ended 103.4% higher in its Hong Kong market debut on Thursday …
China flexes trade power with soaring use of export controls
China has nearly tripled its use of export controls in the past five years, a report shows, underlining Beijing’s willingness to leverage its power over supply chains as Xi Jinping prepares for talks next month…
China economic growth accelerates to 5% in first quarter, beating expectations on robust exports
Beijing had lowered its growth target this year to a range of 4.5% to 5%, the least ambitious goal on record going back to the early 1990s.
China’s G.D.P. Stronger Than Expected, Led by Infrastructure Spending
A steep slide in housing prices has left consumers less prosperous and less willing to spend, but the government is pouring money into new rail lines and other projects.
China’s Sigenergy jumps 85% in Hong Kong debut after $562 million IPO
By Donny Kwok and Yantoultra Ngui HONG KONG/SINGAPORE, April 16 (Reuters) – Sigenergy Technology, a Chinese energy storage systems maker, surged as much as 85% in its Hong Kong market debut on …
Global brands view China as indispensable market to expand business
Since its launch in 2021, the CICPE has become an important platform for multinationals to stay abreast of consumer trends in China, with over 3,800 enterprises and more than 12,000 brands from 92 …
China’s tech innovation in tree planting reshapes efforts to ‘green’ arid land
In a remote stretch of the Sahara Desert, rows of young fruit trees are taking root in shifting sands, an unusual sight in one of …
Why China is Replacing Traditional Steam Power with Carbon Dioxide : Chaotan One
China’s Chaotan One supercritical CO2 turbine offers a waterless, high-efficiency alternative to traditional steam power for industrial and AI energy demands.
China pushes forward with new advances in drone technology
China is accelerating development in drone technology as new innovations highlight the sector’s growing global importance.
China tests humanoid robots for patrols along the Vietnam border
Fangchenggang, a port city on China’s border with Vietnam, is building a humanoid robot testing center in partnership with UBTECH Robotics, one of the country’s leading robotics firms. The project, …
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