Full Truck Alliance Co., an Uber-like trucking startup, has raised $1.6 billion after pricing its U.S. initial public offering at the top of a marketed range, in one of the biggest listings stateside …
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China Crypto Clampdown Sends Bitcoin Closer to Key $30,000 Level
China’s intensifying cryptocurrency crackdown has left Bitcoin flirting with $30,000, a price level seen as key to the short-term outlook for the largest virtual currency.
Chinese Husband-And-Wife Duo To Become Billionaires On Bubble Tea Chain’s IPO
The married couple behind bubble tea chain Nayuki look set to become billionaires as the company prepares to go public in Hong Kong.
China’s Full truck Alliance raises US$1.6 billion in US IPO
REUTERS: China’s Full Truck Alliance Co Ltd raised nearly US$1.6 billion through a U.S. initial public offering on Tuesday, giving it a …
Opinion: Regional Integration Key to China’s Role in High-Tech Value Chains
When China began plugging into global production networks and cross-border trade more intensely in the early 2000s, few might have foreseen it becoming one of the most important hubs for many …
Chinese Husband-And-Wife Duo Become Billionaires On Bubble Tea Chain’s IPO
The married couple behind bubble tea chain Nayuki look set to become billionaires as the company prepares to go public in Hong Kong.
IN FIGURES: China’s battery raw materials exports in May 2021
A summary of China’s battery raw materials exports for May 2021. In brief Exports of cobalt tetroxide fell in May amid falling downstream demand for batteries used in consumer electronics outside of …
Full Truck Alliance drives away with $1.6bn from IPO
China’s Full Truck Alliance (FTA), billed as an Uber-style service for trucks, has raised $1.56bn from its New York IPO. A wave of global demand pushed final pricing to the top of the guidance, said…
China Slashes Crude Oil Import Quotas of Private Refiners Amid Probe
China’s private oil refiners will get 35% less in crude import quotas than they received last year amid a government crackdown on the sector. The refiners were awarded a combined 35.24 million tons in …
Forced Labour In Xinjiang: Biden Administration’s Plan To Ban Import Of Polysilicon From China Set To Hit Solar Industry Hard
The Biden administration is considering a proposal to ban the imports of a polysilicon, a critical solar panel material from China’s Xinjiang region. 45% of polysilicon used in solar panels comes from …
China’s coking coal imports dive 30% on year in May
In May, China’s coking coal imports plunged by 29.6% on year to 3.4 million tonnes, according to recent data from China’s General Administration of Customs (GACC), w …
China’s May steel scrap imports soar 50% on month
China’s steel scrap imports surged by 50.5% on month to 114,741 tonnes for May alone, according to the country’s General Administration of Customs (GACC), mainly due to the growing enthusiasm from the …
Amazon, Apple most valuable brands but China is rising: survey
Amazon and Apple are the world’s most valuable brands, but Chinese brands are rising up the leaders’ list and are more valuable than Europe’s top brands, according to a global ranking by Kantar BrandZ …
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