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 …
Tagged By crypto
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 …
China’s Iran oil imports seen hitting new high in March, curbing OPEC output options
China will receive another large influx of cheap Iranian oil in March passed off as crude from other origins, curbing the top importer’s appetite for crudes from other suppliers, according to traders …
ByteDance valued at US$250 billion in private trades ahead of potential IPO
Shares of ByteDance, the Chinese parent of hit video app TikTok, are trading at a valuation of more than US$250 billion (S$336.9 billion) in the secondary market, according to people familiar with the …
Australia-China trade: Wine export industry in for upheaval as China tariffs bite
AUSTRALIA’s wine export industry will be in for a structural change after China locked in crippling tariffs of more than 200 per cent, the sector says.
What Is Going On With China, Cotton and All of These Clothing Brands?
What’s all this I’m hearing about fashion brands and China? Did someone make another dumb racist ad? No, it’s much more complicated than an offensive and obvious cultural faux pas. The issue centers …
China Pushes Toward Global Rules For CBDCs
It might also offer opportunities not possible with cash while supporting innovation.” More recently, earlier this month, China proposed global rules that might govern how CBDCs should operate. Those … ( read original story …)
China wine tax strike crushes grape price but export rebuild promised
The wine industry is not tipping a fire sale of surplus stocks, but red grape variety prices have fallen about 15pc. ( read original story …)
Canada should be ready to weather any export issues to deal with China: O’Toole
Conservative Leader Erin O’Toole says Canada has to work closely with its allies to counterbalance China’s actions while recognizing that could mean risks to Canadian exports. O’Toole was speaking to … ( read original story…