The Beijing Stock Exchange is expected to see a profound and fast growth in a number of listed companies in the coming months and, therefore, is actively preparing to launch an index tracking market …
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Chinese A-share market emerges champion in global IPO financing in H1
Chinese A-share market emerged as a champion globally in initial public offering (IPO) financing scale in the first half (H1) of 2022, according to data from financial information provider Wind. In …
Cryptocurrency is ‘biggest Ponzi scheme in human history’, Chinese execs from state-backed blockchain drive say
Executives from China’s Blockchain-based Service Network say Web3 games and cryptocurrencies, such as bitcoin and ethereum, are investment frauds.
Business leaders say new Hong Kong chief must open up city, rebuild its image
Business executives in Hong Kong have a wish list for its new leader: scrap COVID-19 quarantine rules, and promote the rule of law and transparent regulations to revive foreign investor confidence – …
Update: China’s PMI bounces back to expansion territory in June
China’s factory activities returned to expansion territory in June after three consecutive months of contraction, showed official data released Thursday, indicating that the world’s second-largest …
US Believes China Still Hoping to Take Taiwan Without Force
Chinese President Xi Jinping “continues to prefer doing that peacefully” even as he prepares to launch a potential invasion, top US intelligence official says …
Column: China moves to buy more Russian oil, but will it help or hinder?: Russell
China is laying the groundwork to take an ever increasing share of steeply discounted Russian crude oil in a move that could, in theory at least, free up supplies from other countries and boost the…
Inside Didi’s RM264.33bil crash that changed China tech forever
But next year will be even tougher.” That somber gathering encapsulated what many in the room already suspected – the ride-hailing champion once feted for running Uber Technologies Inc out of China …
What are ‘red chips’, and why are China’s state-owned companies such a big deal in Hong Kong’s stock market?
China’s state-owned enterprises (SOEs) have made their presence felt in Hong Kong over the years. Some of their major businesses and brands are household names to the locals, but the owners behind …
China’s factory, service sectors shake off 3 months of lockdown pain, PMI rises to 50.5 in May
While activity has sped up since various COVID lockdowns imposed since March have been rolled back, headwinds persist, including a still subdued property market, soft consumer spending and fear of any …
Chinese lithium producer Tianqi seeks $1.7 billion IPO in Hong Kong
Tianqi Lithium shares 002466, +2.53% are already traded in mainland China, and the high end of the IPO price range is roughly 43% below the Wednesday closing price of its Shenzhen-listed stock.
China’s factory, service sectors shake off 3 months of lockdown pain
China’s factory and service sectors snapped three months of activity decline in June, business surveys showed on Thursday, as authorities lifted a strict COVID lockdown in Shanghai, reviving output …
China’s Manufacturing, Services Activity Returned to Expansion in June — Update
China’s official gauges of factory and services activity rebounded … The subindex measuring total new orders rose to 50.4, compared with 48.2 in May. The subindex tracking export orders jumped to 49 …
