China’s electric car start-ups are rushing to raise capital to fight for market share in the world’s largest car market where sales are forecast to triple by 2025. ( read original story …)
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Chinese EV maker XPeng looks to raise up to $1.11 billion in U.S. IPO
Chinese electric vehicle manufacturer XPeng Inc said it is hoping to raise up to $1.11 billion in its U.S. initial public offering, seeking to ride the enthusiasm for EVs even as U.S.-China relations … (…
China supercharges its 5G investments
Chinese operators investing heavily in 5G radio access networksCombined 5G capex of more than $12 billion in H1Huawei, ZTE and (less so) Ericsson share the … ( read original story …)
China’s CBN still short of 5G cash and answers
China Broadcasting Network (CBN) is far behind 5G rivals, stymied largely by funding challenges, and time is running out. ( read original story …)
Energy transition away from coal in China will yield benefits
China is the world’s largest producer and consumer of coal. A team of international scientists led by Stony Brook University’s Gang He, Ph.D., contend that China needs to transition away from coal to … (…
Tour China’s ‘Mars yard’ for its Tianwen-1 rover mission (video)
To prepare for China’s first Mars mission, Tianwen-1, the China Academy of Space Technology built a simulated Martian landscape on Earth and took the new rover out for a test drive. The Tianwen-1 Mars ……
China Telecom leads mobile growth in July with 2.6 mln new customers
China Telecom added the most new mobile subscribers in July, growing by around 2.6 million to a total of 346.07 million. Market leader China Mobile lost another 364,000 customers to reach 946.38 … ( read…
China stocks end week higher; techs retreat ahead of reform measures
China stocks ended higher on Friday and posted a weekly rise, as investors cheered a series of solid corporate earnings, though uncertainty over Sino-U.S. trade talks kept a check on gains. ( read original story…
Alibaba tells Trump we ‘support American brands’
Alibaba has moved to ease tensions with Donald Trump, as the US president continues to threaten Chinese firms. Chief executive Daniel Zhang said the online retailer’s policies “support American brands … ( read original story…
Chinese Insurer Waterdrop Plans US IPO After $230M Fundraise
In a bid to grow its health insurance division and go public in the United States, Waterdrop Inc., a Hong Kong-based insurer, has raised $230 million. ( read original story …)
Forbes China To Host 2nd U.S.-China Business Forum Next Week
The online event is in English and organized by Forbes China, the Chinese-language edition of Forbes. Participants include (in alphabetical order): * Craig Allen, President, U.S.-China Business … ( read original story …)
FingerMotion’s JiuGe Information Technology Subsidiary Awarded Two Additional Portal Contracts from China Mobile Limited
(OTCQB: FNGR) (the “Company” or “FingerMotion”), a mobile services and data company, is pleased to announce recent and continued expansion of its Portal Sales & Marketing Management business through … ( read original story …)
Crypto Assets of $50 Billion Moved From China in the Past Year
About $50 billion in cryptocurrency assets have left China in the past year, a possible indication that investors are dodging rules that limit how much capital they’re allowed to transfer from the … ( read…
