Chinese chip maker Semiconductor Manufacturing International Corp (SMIC) on Friday reported a 42% jump in second-quarter revenue but also said the sector was facing some “panic and uncertainty”. A …
Tagged By export
China’s third-biggest IPO of the year doubles in trading debut
The stock soared as much as 105% to 73.80 yuan. Hygon’s offering raised 10.8 billion yuan ($1.6 billion) following the sale of 300 million shares at 36 yuan each. It’s the largest debut for the…
China Tourism’s duty free shop picks Hong Kong for US$2.5 billion IPO as the world’s largest travel retailer raises capital to expand
The world’s largest travel retailer aims to raise up to US$2.5 billion, making it the largest IPO in Hong Kong in 14 months The company will start its public offering from Monday to Thursday, to…
China’s largest chipmaker warns of rapid freeze as smartphone demand skids
China’s largest chipmaker reported revenue rose 42% to $1.9 billion in the second quarter, generally in line with expectations …
Coronavirus lockdown at China’s export showroom Yiwu clouds Christmas order outlook
Some two thirds of the world’s Christmas products are estimated to be made in Yiwu, which was put under a three-day lockdown on Thursday. Factory owners fret that some deliveries could be delayed.
China to Speed Brazil Corn Imports Amid Ukraine War, US Tensions
China is taking steps to accelerate imports of Brazilian corn, bringing on a new supplier of the grain at a time when the war in Ukraine has disrupted trade and tensions with the US are…
American Universities Are Losing Chinese Students To Rivals: U.S.-China Business Forum
Australia, Canada, the United Kingdom and other European countries have increased their efforts to attract Chinese students,” University of Miami Business School Dean John Quelch says …
Insight – China has painted itself into a chip corner
Both the US and China will need to grapple with wasted funds and misguided goals as they play catch-up to Taiwan and South Korea.
Insight – China has painted itself into a chip corner
Both the US and China will need to grapple with wasted funds and misguided goals as they play catch-up to Taiwan and South Korea.
China’s Refined Oil Exports Halve Even as Demand Spikes
China’s refined oil exports plunged by more than half in the first six months of 2022 as domestic refineries slowed output despite global gasoline and diesel prices rising, according to an industry …
Uruguay, China and South America’s Most Talked-About Trade Talks
Strengthening the Role of African Sovereign Wealth Funds in the International Financial System: Interplay between Policy, Governance, and Sustainability At first sight they might seem like an odd …
Why Beijing is banning imports of a popular brand of Taiwanese corn chips but not their microchips
China has blacklisted more than 2,000 Taiwan-made products in the wake of Nancy Pelosi’s visit, but the self-ruled island’s most important export — microchips — is not one of them.
Ambassador to China to stay on as business hopes for better relations
Australia’s ambassador in Beijing has had his term quietly extended, as Treasurer Jim Chalmers expressed concerns over China’s tough talk on Taiwan.
