Even as questions arise about the strength of Chinese consumer demand, the country’s personal fragrance market could remain a bright spot.
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Xaar’s 1H Pretax Loss Narrowed as Margins Rose; China Business Hurt by Covid-19
By Anthony O. Goriainoff Xaar PLC said Tuesday that first-half pretax loss narrowed as strong revenue growth led to a 40% rise in overall gross margins, …
Nation’s secondhand automobile export business steps up a gear
When China officially launched its secondhand vehicle export business in 2019, dealers had to send a huge number of e-mails and set up attractive websites to entice overseas buyers. But with the …
China EV maker seeks $1bn in Hong Kong’s biggest IPO of 2022
Electric vehicle maker Zhejiang Leapmotor Technology is seeking to raise as much as $1bn in what would be Hong Kong’s largest initial public offering this year, in the latest test of investor appetite …
China’s Aug Coal Imports From Russia, Indonesia Soar as Heatwave Spurs Power Use
China’s coal imports from Russia rose in August, exceeding last month’s level and hitting the highest in at least five years, as power utilities in the world’s biggest coal consumer sought overseas …
Crypto gets top billing at SkyBridge SALT event amid market “winter”
We’re in a crypto “winter,” but you wouldn’t know it by attending the annual SALT conference in New York City this week, sponsored by hedge fund SkyBridge. Driving the news: A week ago, the Anthony…
China’s Pinduoduo to Invest USD1.4 Billion to Help Chinese Manufacturers Go Global
Leading Chinese group-buying platform Pinduoduo plans to invest CNY10 billion (USD1.4 billion) to support Chinese manufacturers in their efforts to expand overseas. Pinduoduo will provide companies …
Porsche IPO carries China risk for investors
When Porsche this week launched the largest IPO in Europe in a decade, the luxury carmaker presented a challenge to risk-averse investors by spruiking the strength of its Chinese business.
China EV maker Leapmotor launches up to $1bn Hong Kong IPO
Chinese electric vehicle maker Zhejiang Leapmotor Technology is aiming to raise $1.03 billion in a Hong Kong initial public offering, according to regulatory filings, that would be the largest in the …
IPOs dwindle in US, boom in Asia
The US stock market reported 92 IPOs during the first half, down 78 percent year-on-year, representing the weakest six-month period for IPO activities in five years, according to US financial data …
China EV Maker Leapmotor Seeks Up to $1 Billion in H.K. IPO
Chinese electric-vehicle maker Zhejiang Leapmotor Technology Co. is looking to raise as much as HK$8.1 billion ($1 billion) in an initial public offering in Hong Kong.Most Read from BloombergSouthwest …
China EV maker Leapmotor launches up to $1B Hong Kong IPO
HONG KONG -Chinese electric vehicle maker Zhejiang Leapmotor Technology is aiming to raise $1.03 billion in a Hong Kong initial public offering, according to regulatory filings, that would be the …
Villars file IPO application for P3.2-B power/infra REIT
(PAVI) and its subsidiaries, in an IPO tentatively scheduled for this November. The deal is composed of up to 1.4 billion secondary common shares, plus an over-allotment option of 210 million shares, …
