While Western countries spar over access to the world’s vaccine supply, China and Russia have been busy giving away theirs. This distribution of millions of doses, either for free or cheaply, to low- …
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Wanchain’s T-Bridge Integrated by China’s State Grid in National Data Management Modernization Efforts
The State Grid Corporation of China will leverage Wanchain’s T-Bridge in upgrading its national data management system, according to an update on Mar 30. Wanchain laid out the benefits of merging …
China Evergrande sells 10% stake in online unit for HKD 16.4 bln ahead of IPO
FCB, or Fangchebao, comprises a suite of platforms for buying and selling real estate and other assets including new and used cars in China. If the company does not complete an IPO on Nasdaq or…
Hong Kong’s IPO market reaches historical high in terms of total proceeds for Q1 2021, finds KPMG analysis
The Shanghai Stock Exchange also ranked among the top 5 stock exchanges with USD 6.9 billion in IPO proceeds recorded*. The analysis, from KPMG’s 2021 Q1 review of Mainland China and Hong Kong IPO …
China May Boost Cotton Imports to Cut Xinjiang Fiber in Exports
(Bloomberg) — China could import more cotton to replace fiber from Xinjiang that’s being rejected by some Western companies and threatens to hurt its booming textile export industry. The U.S …
China-U.S. Tensions Can Boost India’s Tech Dreams, Report Says
Friction between the U.S. and China could give India the boost it needs to become a global tech hub, as long as the South Asian nation addresses longstanding roadblocks including excessive red tape …
MPOB: Chance to export red palm oil to China
A golden opportunity has presented itself for Malaysian exporters as China announced the implementation of the Chinese Group Standard for Red Palm Oil on March 1, 2021, which enables buyers from the r …
Metro China Owner Wumei Tech Files for Hong Kong IPO
Wumei Technology Corp, owner of two of China’s biggest supermarket chains Metro China and Wumart Stores, has filed for an initial public offering on the Hong Kong stock exchange. No details were given …
Alibaba-backed Energy Monster sets $219m US IPO in motion
China-based Energy Monster, a mobile device charging company, has kicked off the roadshow for its Nasdaq listing. It is eyeing up to $218.7m from the deal.
What is going on with China, cotton and all these clothing brands?
Last week, calls for the cancellation of H&M and other Western brands went out across Chinese social media as human rights campaigns collided with cotton sourcing and political gamesmanship. Here is …
State Grid Corporation of China Selects Wanchain’s Blockchain Technology to Upgrade National Data Management System
integrated data management system using Wanchain’s blockchain technology. State Grid is a central state-owned enterprise (“SOE”) established on December 29, 2002 under the Company Law of the People’s …
China’s Business Environment More Difficult Than Ever: Wuttke
Joerg Wuttke, president of the EU Chamber of Commerce in China, discusses China’s boycott of western retailers over their human rights concerns in Xinjiang and its implication for foreign companies …
WEEKLY: China’s steel export quiet, import active
However, market enthusiasm for importing strengthened noticeably … In recent weeks, widespread rumours have been circulating that China may announce a cut in tax rebates on certain steel exports …
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