Chinese e-commerce platform Dmall (Beijing) E-commerce Co has hired Bank of America, Goldman Sachs and JPMorgan for a U.S. initial public offering of over $500 million, three people with direct … ( read original story…
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China’s DMall hires three banks for over $500 million U.S. IPO: sources
E-commerce Co has hired Bank of America, Goldman Sachs and JPMorgan for a U.S. initial public offering of over $500 million, three people with direct knowledge told Reuters. The six-year-old company, … ( read original…
China regulators held talks with Alibaba, Tencent, ByteDance on ‘deepfake’ technologies
China’s cyberspace regulator said on Thursday it and the public security ministry had held talks with Alibaba, Tencent, ByteDance and Kuaishou on potential problems with ‘deepfake’ technologies. ( read original story …)
China’s Tuya Is Poised to Raise $915 Million in U.S. IPO
Tuya Inc., a software company backed by New Enterprise Associates and Tencent Holdings Ltd., is on track to raise $915 million in a U.S. initial public offering priced above its marketed range, said a ……
China is building up its ability to weaponize trade, new report says
China is diversifying its supply of critical natural resources by buying stakes in overseas companies, said risk consultancy Verisk Maplecroft. ( read original story …)
Chinese wealth management services provider Hywin Holdings lowers ADS offering by 10% ahead of $42 million US IPO
The article Chinese wealth management services provider Hywin Holdings lowers ADS offering by 10% ahead of $42 million US IPO originally appeared on IPO investment manager Renaissance Capital’s web … ( read original story …)
US Federal Communications Commission continues effort to bar China Unicom, ComNet over national security risk
In a unanimous vote, the FCC agrees that the two Chinese carriers have not proved their independence from Beijing. ( read original story …)
China Communication Firms Subpoenaed by U.S. in Security Review
The U.S. Commerce Department issued subpoenas for multiple Chinese communications providers as part of a review into potential national-security risks. ( read original story …)
U.S. Must Not Fall Behind China in Research
Falling behind in R&D would hinder our ability to attract top science, technology, engineering and mathematics students and talent from the U.S. and abroad and continue to compete in the global … ( read original…
China orders more apps removed in crackdown on personal data violations
A number of apps highlighted in CCTV’s annual consumer rights exposé have been removed from app stores amid Beijing’s scrutiny of unauthorised personal data collection. ( read original story …)
FCC Moves Toward Barring China Phone Operator Over Security Concerns
The Federal Communications Commission moved toward barring China Unicom (Hong Kong) Ltd. and ComNet from the U.S., calling the Chinese telecommunications carriers a security risk controlled by the … ( read original story …)
China exports surged late last year as consumer recovery picked up steam in U.S., other nations
Asia’s share of global exports increased in the third and fourth quarters last year, due mainly to China, while the export share of North American nations didn’t recover, according to new research. A … (…
China Can’t Resist Iran’s Cheap Oil
China’s increasingly good energy relations with Iran are resulting in a jump in crude exports from Tehran to Beijing as the Chinese are looking to capitalize on discounted Iranian crude … ( read original story…
