Trade restrictions, sanctions, and other challenges are putting a dampener on China’s ambition to become a chip manufacturing hot spot. Research firm IC Insights is projecting the Chinese …
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China Tower (788.HK) Fully Implemented “One Core and Two Wings” Strategy, Maintained Steady and Continuous Growth in Overall Performance
Our revenue maintained a healthy growth and increased steadily in 2021 and our profitability continued to improve. In 2021, we recorded operating revenue of RMB86,585 million, wit …
Impact of Russia-Ukraine Conflict on FIEs in China
The impact of the Russia-Ukraine conflict is limited for foreign invested companies in China, but there are various unintended consequences setting up a new normal.
Federal Reserve works with China’s blockchain ally for instant payments
The Federal Reserve has released a showcase for its real-time payment project FedNow, featuring service providers like China’s blockchain partner Cypherium.
Luxury Brands: Don’t Forget About China’s Cultural Consumer
The rapidly evolving nature and global outlook of Chinese Cultural Consumers makes them difficult for luxury brands to identify and influence.
Adidas replaces China unit’s CEO to revive sales
Adidas announced this week it has appointed a new chief executive for its business unit in China. It was reported that the change has been decided in an effort to bring back sales that it…
China Lithium Tech to File for $1.5 Billion Hong Kong IPO, Sources Say
China Aviation Lithium Battery Technology Co. plans to file for a Hong Kong initial public offering as early as this week, according to people familiar with the matter.
Tims China Announces Additional Financing and Investor-Friendly Changes to Merger Agreement
Additional financings of up to $194.5 million from institutional investors to fully fund Tims China’s 5-year business plan. Adjustments to the Merger Agreement, including lower en …
A major Chinese trading port has warned of its high share price as investors in China sweep up stocks they think are linked to trade with Russia
Jinzhou Port reported a 94% increase in its stock price since Russian leader Vladimir Putin declared war on Ukraine less than two weeks ago.
China Three Gorges Weighs $2 Billion IPO of Brazil Unit
China Three Gorges Corp. is exploring an initial public offering of its Brazilian unit as the Chinese energy giant seeks to raise funds for expansion in Latin America, according to people familiar …
Arrail launches cornerstone-heavy IPO
Arrail Group, one of China’s largest dental services providers, kicked off bookbuilding for its Hong Kong IPO on Wednesday. But before opening the deal, the firm locked up over two-thirds of the offer …
Gina Rinehart fears tensions with China will damage Australia’s export markets
Mining mogul Gina Rinehart says she’s worried Australia’s rising tensions with China will end up backfiring on us. In an exclusive interview with Sky News host Andrew Bolt, the mining magnate spoke …
China likely to shun additional Russia oil as US, Europe close doors
China is unlikely to increase crude imports from Russia in the wake of the decision by the US and its European allies to stop oil imports from Russia. US President Joe Biden on Tuesday banned…
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