China Huarong Asset Management Co. is set to appoint a new chairman from Citic Group, marking the first major management reshuffle since it was rescued in a $6.6 billion state-backed bailout.Most Read …
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China $9 billion IPO plans stalled amid COVID outbreak
Over the past week, 15 companies seeking initial public offerings (IPOs) on Shanghai’s tech-focused STAR Market have suspended applications, almost al..
China’s US$9bn IPO plans hit by COVID-19 outbreak
China’s IPO applicants are putting their plans on hold, at a time when many companies have to update their financial results …
SoftBank to Shift Arm’s Stake in Troubled China Unit Before IPO
Arm Ltd. is shifting a chunk of its stake in Arm China to parent SoftBank Group Corp. and revising how it accounts for the troubled Chinese affiliate, a bookkeeping change that may ease the British…
China 60b yuan IPO plans stalled amid Covid outbreak
Over the past week, 15 companies seeking initial public offerings (IPOs) on Shanghai’s tech-focused Star Market have suspended applications, almost all citing impact from the epidemic, exchange …
Chipmaker Arm looks to transfer shares in China division to accelerate IPO plans
British chipmaker Arm is preparing to transfer shares in its China division to a special purpose vehicle set up by its owner Softbank, as it looks to accelerate its move onto the public markets.
Arm plans transfer of shares in China JV to speed up U.S. IPO – FT
UK’s Arm Ltd is planning to transfer shares in its Chinese joint venture to a SoftBank Group 9984.T special purpose vehicle to speed up its initial public off …
Arm plans transfer of shares in renegade China unit to speed up IPO
Shifting stake in chip designer’s joint venture to a SoftBank special purpose vehicle would ease New York flotation …
China Will Pay a Heavy Price If It Sides with Russia
Economically, Russia is simply not that important for China, which is about ten times larger in gross domestic product. China has a few significant imports from Russia, but they c …
Crypto billionaire, environmental groups launch effort to slash Bitcoin’s energy use
Public pressure campaign aims to curb Bitcoin’s skyrocketing electricity consumption. Several climate activist groups including Greenpeace and crypto billionaire Chris Larsen are launching a “Change …
Increase in Demand Made China’s Silver Powder Imports Rise by 24% from January to February 2022
According to the latest customs data, from January to February 2022, China imported 558 mt of silver powder, an increase of 24% year-on-year. The main imp …
A Quick Guide On China’s Customs Import Tax & Duty Rates
However, apart from simply understanding the commercial landscape, it is also important to learn more about the types of import tax payable when shipping into the country. Yes, I would like to receive …
Increase in Demand Made China’s Silver Powder Imports Rise by 24% from January to February 2022
According to the latest customs data, from January to February 2022, China imported 558 mt of silver powder, an increase of 24% year-on-year. The main imp …
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