Chinese autonomous driving startup DeepRoute.ai said on Tuesday it raised $300 million from investors including e-commerce company Alibaba (9988.HK) to expand its test fleet and develop technologies …
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World NEV congress to be held in China’s Hainan
World New Energy Vehicle Congress (WNEVC) will kick off Wednesday in Haikou, capital of South China’s Hainan province, focusing on the new energy vehicle (NEV) industry under the background of carbon …
Ximalaya files for HK IPO
China’s leading online audio platform Ximalaya Inc filed for an initial public offering in Hong Kongon Monday after dropping its listing plans in the United States. The Shanghai-based company lodged …
China fires a fresh regulatory shot at its tech giants
China to target biggest payment app Alipay in tech crackdown Alipay was told to spin off its profitable microloan business… See More Details COMMON PRACTICE The practice targeted by the MIIT is …
China Likely Suffered Another Economic Slowdown Last Month
The Wednesday data will likely show China’s recovery remains uneven. Strong global demand led to record exports in August but domestic consumers turned cautious as lockdowns and fear kept many at home …
China is continuing to slice and dice its fintech giants
China appears determined to carve-up and neuter what was once the most powerful fintech in the world, Jack Ma’s Ant Group.
China bubble tea chain Heytea taps UBS for $671 million Hong Kong IPO
Heytea, the Chinese bubble tea maker, has tapped UBS Group for its potential Hong Kong initial public offering (IPO) as soon as next year, according to people familiar with the matter.. Read more at …
Posing as Walmart, scammers send crypto surging 25%
By Nathaniel Meyersohn, CNN Business In what appears to be a massively successful pump and dump scheme, cryptocurrency litecoin surged around 25% early Monday after a falsified news release said …
Cinema stocks jump, China’s crowded EV space, crypto stocks slide after Walmart-Litecoin hoax
Yahoo Finance’s Jared Blikre reports on the day’s trending tickers. Like us on Facebook to see similar stories Please give an overall site rating: …
Continued Support Anticipated For China Stock Market
The China stock market has climbed higher in three straight sessions, advancing more than 40 points or 1.1 percent along the way. The …
China’s iron ore imports hit record in boost to Australia
The value of China’s iron ore imports hit new heights in August even as policymakers try to cut steel production and calm commodity prices, likely boosting Australia’s exports despite the tensions …
Can well-off young women save China’s economic recovery?
Some retailers are focusing on young consumers like Zhou to boost sales. “I bought a lot of clothes online during the pandemic since we weren’t allowed to leave the university campus,” Zhou said.
The Chinese IPO Pipeline is Under Pressure
In the last two decades, the Chinese stock market has attracted more and more investors, from Warren Buffett’s Berkshire Hathaway to Bill Ackman’s Pershing Square. They have been attracted by the …
