Over a year after passing its first version of a bill boosting semiconductor competition with China, the U.S. Senate was due to begin voting on Tuesday on a slimmed-down version of legislation to …
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The Implications of China’s Economic Slowdown
Slow economic growth combined with plunging consumer confidence are putting global luxury brands under more pressure in mainland China.
China’s Securities Watchdog Has Issued 60 Fines Since Start of Registration-Based IPO System
In the three years since the simpler and quicker registration-based reform for initial public offerings on the Chinese mainland began, a number of intermediary companies such as brokerages and …
Global IPOs continue downward trend, Asia fares better
Asia faces better prospects than other regions amid a battered equity capital markets scene, according to recent reports on global and regional IPO activity.
CNYA: COVID Lockdowns Are A Drag, But Otherwise China Is Winning On Every Front
The main obstacle to a Chinese equity rally remains the draconian zero COVID policy that China still hangs on to. See when CNYA will benefit greatly.
China’s SF Rises After Hitting Revenue High in June Amid Overseas Delivery Boom
Shares of S.F. Holding, a Chinese express delivery giant, jumped after the firm reported the highest single-month revenue ever in June due to its quickly growing international business. SF’s stock …
Luxury shoemaker Manolo Blahnik wins 22-year trademark battle in China
Manolo Blahnik, the shoe brand made famous by its celebrity fans and regular appearances in TV drama “Sex and the City”, said on Tuesday it has won a legal battle in China to use its…
India and China’s political tensions are hitting the smartphone market. But they need each other
Together, these companies control more than 60% of the Indian smartphone market, according to data from research firm Counterpoint. Xiaomi, the top-selling brand in the country, was the first company …
China uses ‘unfair trade practices’ to gain ‘dominant’ advantage, Yellen says in South Korea
United States Treasury Secretary Janet Yellen concluded her 11-day Indo-Pacific visit with a stop in Seoul, South Korea on Tuesday, where she called out China and their “unfair trade practices.” …
China Is Still Attractive to Multinationals as Fundamentals Have Not Changed, Roland Berger Exec Says
China provides many multinationals with additional engines for their growth, Dai said. Before the latest wave of Covid-19 struck this year, most multinationals in the country were not badly affected …
China Plans Iron Ore Giant to Assert Market Control
China has formally created a state-backed iron ore company that’s expected to oversee everything from massive mine investments in West Africa to buying the steelmaking material from global …
Weekly News Wrap: Freshippo seeks lower funds at $6b valuation; Uniqlo owner’s performance to hint China’s recovery prospects
And Shein seeks an IPO in the United States as soon as 2024. From Reuters: Alibaba’s supermarket chain Freshippo is seeking to raise funds at a valuation of about $6b, much lower than a hoped-for…
Malaysia says China’s 2022 total palm oil imports likely lower
Malaysia’s commodities minister on Tuesday (Jul 19) warned that its palm oil exports to China will continue to be affected by global economic challenges and overall imports in the world’s …