China saw a narrowing deficit in its services trade in August, official data showed Friday. Services exports reached 222.7 billion yuan (about 31.37 billion U.S. dollars) last month, while services …
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China’s Spot Copper Premium to Stay Elevated as Demand Improves
The copper spot premium in top consumer China could stay elevated in the next few months, analysts and traders said on Friday, as demand for the metal has improved on the back of government stimulus.
As kimchi crisis mounts, South Korea to build mega cabbage warehouses amid shortage, flood of Chinese imports
At 9,900 square metres each, the US$40 million facilities in Goesan and Haenam will be able to store 10,000 tonnes of cabbages.
China’s Geely buys 7.6% stake in Aston Martin Lagonda
Geely Holding Group, one of China’s biggest independent automakers, has bought a 7.6% stake in British luxury brand Aston Martin Lagonda and said Friday it looks forward to potential opportunities to …
China’s Geely takes 7.6% stake in Aston Martin
Zhejiang Geely Holding Group said on Friday that it had taken a 7.6% stake in British luxury carmaker Aston Martin .
Flowing Cloud gets HK IPO going
The base offering comprises of 271.5m shares, equivalent to 15% of Flowing Cloud’s enlarged share capital. A 15% greenshoe option of up to 40.73m shares is available. The shares are being marketed at …
Hong Kong rises to fourth among biggest IPO markets globally, as Shanghai’s Star Market takes top spot
The city improved upon a 10th-place ranking in June after bourse operator Hong Kong Exchanges and Clearing’s main board saw 47 IPOs raise US$8.8 billion in the first nine months.
China’s tax and fee cuts, deferrals help stabilize macroeconomy
BEIJING – China’s combined tax and fee support policies have helped ease the burden on market entities and stabilize the macroeconomy, official data showed on Thursday. The country’s tax refunds, as …
Putin’s lessons for a confrontation with China
Most important among those lessons has to do with asymmetric warfare. Despite a smaller, less powerful military, Ukraine is winning. It has capitalized on its strengths, including superior morale, …
Why this Blizzard vet thinks the next killer web3 game will come from China
This year, around 3.2 billion people — or about 40% of the world’s population — will play games, with total spending nearing $200 billion, estimates industry researcher Newzoo. The purveyors of web3 …
China’s Sept factory activity contracts more sharply as demand slumps – Caixin PMI
China’s factory activity contracted at a sharper pace in September as strict COVID lockdowns disrupted production and dampened sales, a private sector survey showed on Friday.Weakening global demand …
EV maker, Vanke’s unit slump in HK debut amid rough IPO market
An electric vehicle (EV) maker and a unit of China’s real estate developer China Vanke Co plunged in their trading debuts in Hong Kong, following initial public offerings (IPO) that together raised …
‘Anti-American’: Microsoft faces US scrutiny as it nears 10,000 employees in China
US lawmakers from both parties have become increasingly wary of American tech firms doing business in China. “Any company that expands its business operations in China is either naïve to the …
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