The 80 tons of gold China imported in July were more than double the volume in June and eight times more than in May.
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China’s United Imaging debuts on Monday after biggest STAR Market IPO this year
Shanghai United Imaging Healthcare Co will start public trading next Monday, the company said, after raising roughly $1.6 billion in the biggest initial public offering (IPO) on Shanghai’s …
China Tourism Group prices Hong Kong IPO at HK$158, raising US$2.1 billion
The world’s largest travel retailer by sales prices Hong Kong IPO at HK$158 per share, helping it raise US$2.1 billion in what amounts to the city’s top deal this year.
China lockdowns hit top names in the beauty business
Estée Lauder cut its full-year sales and profit forecasts earlier this year, citing Covid-19 lockdowns in China as a major factor in disrupting supply chains. The company said its distribution …
China Is Ramping Up Swiss Gold Imports, Signaling Better Demand
China’s gold imports from the major refining hub of Switzerland jumped to the highest in more than five years, signaling demand improved as the Asian nation relaxed strict Covid measures.
China surrounds Taiwan with FIFTY fighter jets and nuke bombers in war games as US brands Beijing ‘gorilla in the room’
CHINA has surrounded Taiwan with a fleet of over 50 warplanes, including nuclear bombers, in menacing wargames by island. As Beijing steps up pressure on Taiwan, a senior US Navy admiral has said …
Chinese mining giant Canaan doubles profits despite the blanket crypto ban
Chinese crypto miner supplier Canaan appears to have no issues with the local crypto ban as its overall performance has continued to grow in Q2 2022 despite the bear market.
China’s Chery in talks to produce cars in Russian plants -TASS
Chinese car manufacturer Chery is in talks with Russian manufacturers about producing cars in Russian plants, Russia’s state-owned news agency TASS reported on Thursday, citing Vladimir Shmakov, …
Wuxin Tech Hopes IoT Focus Will Divert Attention From Chinese Roots In U.S. IPO Bid
Wuxin Technology is looking to raise up to $39M in a New York IPO, joining a small group of Chinese companies still looking to tap US markets despite frosty China-US relations.
Estee Lauder forecasts dour 2023 due to China COVID lockdowns
Estee Lauder Cos Inc on Thursday forecast full-year sales and adjusted profit below estimates, due to a hit from COVID-19-related lockdowns in major market China.
China’s Bona Film Group Valued At $1.5B In Shenzhen Trading Debut
China’s Bona Film Group, producer of such hits as The Battle At Lake Changjin, made its debut on the Shenzhen stock exchange on Thursday, with shares closing the day at RMB 7.24 ($1.07). This was…
China propaganda ignores kidnapping of Canadians, U.S. export laws
I remember a cowardly bully kidnapping two innocent men because Huawei was caught violating U.S. export laws. The U.S. has no right to tell Huawei where to sell, but it has every right to control…
China’s Internet Giants Face New Era Of Tough Oversight And Low Growth
Alibaba and Tencent, the twin pillars of China’s once-booming internet sector, have long had reputations for eye-popping growth figures and minting new billionaires—but no longer.
