Japan’s Honda Motor will launch a new electric vehicle brand in China next year, it said on Wednesday, and will only launch battery electric, hydrogen fuel-cell or petrol-electric hybrid vehicles …
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L’Oreal Group to debut more of its brands at CIIE
Five brands owned by L’Oreal Group will debut at the fourth China International Import Expo, which will be held in Shanghai from Nov 5 to 10, according to the company’s China CEO Fabrice Megarbane.
Wumart Owner Shelves $1 Billion Hong Kong IPO Plan
WM Tech Corp., controlled by founder and chairman Zhang Wenzhong, has shelved its Hong Kong initial public offering after letting the application lapse, according to people familiar with the situation …
IPO watch: ByteDance backed Manner Coffee mulls Hong Kong listing
The Chinese firm, which started up in 2015 as a roadside coffee stall, has been in talks with investment banks to explore its floatation.
Binance to halt Chinese yuan-crypto trading and restrict mainland China customers to withdrawals only
Users in mainland China will be allowed to only make withdrawals, redeem, or close positions, Binance said on Wednesday.
Binance to End Crypto Trading in China’s Yuan
The exchange had earlier blocked new sign-ups from mainland China after the country’s central bank declared cryptocurrency transactions illegal.
Binance to Stop OTC Trading of the Chinese Yuan following Crypto Ban
Binance, the largest cryptocurrency exchange platform, has announced the halt of over-the-counter trading of the yuan for Chinese citizens.
China Import/export Growth Better Than Forecast
China’s foreign trade performance remained strong in the first nine months of the year, but growth rates were slowing down quarter on quarter, authorities announced on Wednesday.
Another American Brand Exits China
Everlane is shutting down its Tmall flagship store after just two years, joining a growing list of brand casualties in China. Where did it go wrong?
China will test thousands of blood samples taken in Wuhan before first Covid case in virus probe
It is hoped the samples will reveal the first antibodies made by humans against the virus and could even reveal who was first infected and where.
China’s Exports Surge to Record as Demand Outweighs Power Crisis
China’s exports surged to a new monthly record in September as strong demand ahead of year-end holidays and rising prices outweighed the effect of power shortages across the country.Most Read from …
MicroTech Medical prices IPO high
IPO sponsors CICC and Goldman Sachs wrapped up bookbuilding on Monday. They worked with joint global co-ordinator CLSA, pitching the stock with guidance of HK$27.70 to HK$31.15. The range meant …
European business group says China power cuts poorly communicated
China’s power shortages will likely force some European companies operating there to delay orders and some firms are unhappy about how authorities notify them about power cuts, a European business …