Shanghai United Imaging Healthcare Co., the latest in a slew of $1 billion-plus listings in mainland China this year, soared in its first day of trading. Most Read from BloombergUkraine Latest: …
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JCET not optimistic about business prospects for 2H22
China’s largest OSAT Jiangsu Changjiang Electronics Technology (JCET) has scored impressive revenue and profit gains for the first half of 2022, but is not optimistic about business prospects for the …
Practical Issues in Handling China-Taiwan Trade and Supply Chains
We discuss how to handle China-Taiwan trade in the face of import bans and stricter labeling requirements for imported Taiwanese goods.
Banks, crypto lobby clash with lawmakers over Fed digital dollar
Attorney General Merrick Garland has until Sept. 5 to determine what, if any, new laws are necessary for the Fed to move forward with a digital dollar.
China Sees Rising Passion for Guochao Consumption
Guochao — a fashion trend translated as “China-chic” has swept through Chinese consumers, especially the younger ones, as they are gaining more confidence in “made in China” products. The trend is …
Engineering goods exports slump in July, shipments to China continued decline
Weak demand from China, EU and export duty on steel items among the factors decelerating Indias engineering goods exports in July …
China steps up easing, cuts lending benchmarks to revive faltering economy
The People’s Bank of China (PBOC) is walking a tight rope in its efforts to revive growth. Offering too much of stimulus could add to inflation pressures and risk capital flight as the Federal Reserve…
Could blockchain help EU process asylum claims?
The European Investment Bank identified an annual investment shortfall of up to €10bn in artificial intelligence and blockchain in the EU – a gap that may hinder the bloc’s attempts to catch China and …
9 Crypto Exchanges Under ED Gaze
IMAGE: The probe findings have suggested these fintechs used crypto platforms after they were denied loan … are under the Enforcement Directorate scanner for allegedly assisting China-backed fintech …
EIU’s Swarup Gupta on the need for a comprehensive global crypto regulation
According to a latest report by Atlantic Council, an independent organisation based in Washington, DC, till March, 2022, 87 countries have considered issuing a CDBC.
China extends power rationing for factories in drought
BEIJING — Power rationing that forced factories in China’s southwest to shut down has been extended through at least Thursday due to low water at hydroelectric dams, according to a notice reported by …
United Imaging Shares Soar 75% in Shanghai Debut, China’s 3rd-Biggest IPO in 2022
A gong is pictured before the listing ceremony of the first batch of companies on STAR Market, China’s new Nasdaq-style tech board, at Shanghai Stock Exchange (SSE) in Shanghai, China July 22, 2019.
Pharma company Shanghai United Imaging jumps 75% in its debut IPO
Shanghai United Imaging Healthcare, a pharmaceutical company and the latest of a slew of $1 billion-plus listings in China this year, surged on the first day of trading, according to a report by …