Shanghai-listed Foshan Haitian Flavoring & Food, the biggest listed condiment maker in mainland China, is seeking a dual listing in Hong Kong that could raise as much as HK$1.5 billion (US$193 million …
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China’s Nio, behind on growth targets, aims to tighten cost control
Chinese electric vehicle (EV) maker Nio will seek to improve efficiency and cost control as it seeks to spur sales growth that is two years behind schedule, its CEO said on Thursday.
El Salvador Scales Back Crypto Mandate Under IMF Pressure — Partners With Argentina on Regulation
El Salvador is on the verge of securing a $1.3 billion International Monetary Fund loan. The deal involves revising its Bitcoin law to make its …
A watchdog in China has called out Temu’s parent company for its refunds-without-returns policy
The policy allows customers to claim refunds without returning their items, which merchants say is unfair.
China develops revolutionary new train that can travel at the speed of an airplane — and it’s better than Elon Musk’s abandoned Hyperloop
China is not the only country working on this technology. China develops revolutionary new train that can travel at the speed of an airplane — and it’s better than Elon Musk’s abandoned Hyperloop …
Exclusive-Shein IPO: UK regulator decision slowed by NGO challenge, sources say
Britain’s financial regulator is taking longer than usual to approve fast-fashion retailer Shein’s IPO because it is checking its supply chain oversight and assessing legal risks after an advocacy …
China the key for tech’s raw materials whether Trump likes it or not
Concurrently president Joe Biden has announced a third round of export restrictions on China’s semiconductor industry, targeting 140 Chinese companies. In response the Chinese commerce ministry …
US hikes tariffs on imports of Chinese solar wafers, polysilicon and tungsten products
The Biden administration has announced it is raising tariffs on solar wafers, polysilicon and some tungsten products from China to protect U.S. clean energy businesses
China preps another rocket that Beijing hopes will become its workhorse
A improves payload by forty percent and comes just a month after Long March 12 debut China is readying an upgraded and more capable rocket for its first launch, to advance its ambition of creating…
US hits China with new tariffs on solar wafers, polysilicon and tungsten products
In 2023, China produced 80 per cent of the world’s tungsten. None is produced in the US, which is encouraging new investment, like reopening a mine in South Korea in 2024.
Chinese fashion, beauty brands expand globally
Chinese beauty brands are also shining bright on the global market. Florasis, a cosmetic brand known for its traditional Chinese aesthetics and savvy social media marketing, has expanded to over 110 …
Trump invites China’s Xi Jinping to attend inauguration, CBS News reports
U.S. President-elect Donald Trump has invited Chinese President Xi Jinping to attend his inauguration next month, CBS News reported on Wednesday, citing multiple sources. The invitation to the Jan. 20 …
HK’s IPO market to keep top 5 ranking in 2025
As of Dec 8, the Hong Kong stock exchange ranked 4th in the 2024 global IPO rankings, with total funds raised reaching HK$82.9 billion ($10.66 billion) from 63 completed IPOs, according to the latest …
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