The adult education materials provider’s stock rose by as much as a factor of 25 on its first trading day, but since then has returned to near its IPO level.
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China premiums climb to near six-year peak on low buying interest
Gold premiums in top consumer China continued their rapid ascent to their highest since the tail-end of 2016 on soft buying interest, while a drop in local prices prompted Indian dealers to charge …
China Sets Date for Change in Its Leadership, But Not in Its Covid Policy
Five Chinese megacities are restricting movement once again, with no end to the Covid business cycle in sight.
‘I Grew up in Communist China, My Dad Was Sent to a Labor Camp’
I was born in Guangzhou City, China, in 1964. I grew up in a turbulent time, during the Cultural Revolution, where landlords, farm-owners, business owners, and scholars were often treated as “bad …
China’s electric car firms, which rely heavily on Nvidia, are safe from the U.S. chip ban — for now
In China, the Nvidia Drive Orin and Xavier chips have become a core part of electric automakers’ assisted driving tech, but the new U.S. restrictions target Nvidia’s A100 and H100 products. BEIJING — …
Billionaire Robert Tsao training Taiwan civilians to prepare for invasion from China
Microchip billionaire Robert Tsao says he has reinstated his Taiwanese citizenship and will spend $32 million of his own money to train “civilian warriors” to be prepared for an invasion from China.
Asia Gold China premiums climb to near six-year peak on low buying interest
Gold premiums in top consumer China continued their rapid ascent to their highest since the tail-end of 2016 on soft buying interest, while a drop in local prices prompted Indian dealers to charge …
China Vanke’s Property-Management Arm Onewo Readies Hong Kong IPO
By Clarence Leong Chinese property manager Onewo Inc., which is majority-owned by China Vanke Co., is preparing to launch an initial public offering in …
Experts: What will China win out of U.S.’ latest GPU chip ban?
China, of course, is firmly against U.S. latest hegemony act of banning chip sales to China, yet the developing country with growing high-tech know-hows and applications in the filed is not all …
China opposes U.S. abuse of export control measures China opposes U.S. abuse of export control measures
Wednesday that U.S. officials have asked the company to stop exporting two advanced computing chips to China on alleged risks of military adoption. The ban covers its A100 and the forthcoming flagship …
China’s TikTok Owner Has No IPO Deadline, CFO Says
The Chinese operator of TikTok has no specific plan for going public, the chief financial officer said, refuting rumors. Douyin Group, which used to be called ByteDance, has no timetable for an …
China’s test kit stock bubble loses air
Covid testing plays an outsized role in Chinese life: just ask anyone in the Sichuanese provincial capital of Chengdu. Officials trying to comply with President Xi Jinping’s mandate to eradicate the …
EXCLUSIVE Embattled Credit Suisse aims to launch China wealth business next year
Credit Suisse , which has been buffeted by a string of scandals, management changes and global strategy rejigs, is still betting big on China and plans to launch a wealth business there next year, a…