Bloomberg reported earlier this week that global infrastructure fund I Squared Capital had made a proposal to acquire all of the outstanding shares in HKBN via its portfolio compa …
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China: Chinese Army Destroys Drones with HQ-16 Missiles in Show of Power
In a striking display of firepower, the Chinese military’s HQ-16 mobile mid-range surface-to-air missile systems successfully tracked and obliterated “enemy” target drones during a live-fire drill.
Nano Labs Inks Deal With HashKey For In-depth Cooperation In Web3 Space And Blockchain Ecosystem
Nano Labs Ltd (NA), a fabless integrated circuit design company in China, announced Thursday that it has entered into a strategic …
China Market Update: Xinhua Editorial Highlights Domestic Consumption Increase
Asian equities were mixed but mostly higher overnight as Pakistan and Malaysia outperformed and Hong Kong underperformed.
Trump China Tariff Plan Has $64 Billion Hole in Missing Imports
President-elect Donald Trump has promised to impose 10% tariffs on all imports from China as soon as he takes office next month.
What’s good for China has Been very bad for General Motors. What it means
In China, where not long ago Buick and Chevrolet were two of the most popular foreign brands, General Motors’ profits and market share have tumbled.
‘Race to the bottom’: General Motors grapples with huge losses, uncertain future in China
In a country that not long ago counted Buick and Chevrolet as two of the most popular foreign brands, GM’s profits and market share have tumbled, so much that, like other multinationals, the company’s …
Mainland China sanctions 13 US companies over weapons sales to Taiwan
Mainland China has targeted small- to mid-sized American drone manufacturers and service providers in its sixth round of sanctions on US defence companies this year. In protest against US arms sales …
NJ companies stockpiling imports to avoid Trump’s promised China tariffs
Some North Jersey firms are already stockpiling raw materials such as steel and copper to avoid the spike in costs from Trump’s promised new tariffs.
Chinese buyers slash Canadian canola imports on fears of anti-dumping duty
Chinese importers are scaling back purchases of Canadian canola with shipments from December likely to plunge as most buyers are reluctant to sign new deals for fear that Beijing could impose retaliatory anti-dumping duties.
Bitcoin hits $100,000-mark: How China lost crypto race to US and Trump
Bitcoin smashed the $100,000 barrier, fueled by Trump’s pro-cryptocurrency stance and his appointment of advocate Paul Atkins to the SEC. This win signifies a US dominance shift from China, whose …
Chinese cosmetics firm Mao Geping set to price shares at top of range in Hong Kong IPO, source says
By Scott Murdoch SYDNEY (Reuters) -Chinese cosmetics firm Mao Geping is set to price its shares at top of the price range to raise $270 million in a Hong Kong initial public offering, according to…
China selfie app Meitu sells crypto holdings in big payday before bitcoin hit US$100,000
Chinese selfie app operator Meitu, one of a few Hong Kong-listed companies to publicly disclose crypto investments, said it has sold all of its cryptocurrency holdings, netting nearly US$80 million …
