JL Mag Rare-Earth Co has priced its Hong Kong IPO at the bottom of the marketed range, netting HK$4.2bn ($543.9m) in proceeds, according to a source close to the deal. The Mainland-based company is a…
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Chinese government pledges to “eliminate” crypto mining, Jay Chou-supported Phantabear tops OpenSea chart: Blockheads
China lists crypto mining as an industry to retire and eliminate, due to its energy-intense nature and said it conflicts with green goals.
Indonesia’s coal export backflip reinforces China’s Australia ban
Even before Indonesia reversed a ban on coal exports, China indicated it would not need Australian coal to make up any shortfall.
OnePlus 10 Pro launched in China, starts at only ¥4,699 ($737)
After teasing for days, OnePlus has officially launched the OnePlus 10 Pro in China. The latest flagship smartphone from the brand is the successor of last year’s OnePlus 9 Pro. However, it does not …
Asian stocks mostly lower, eyeing Fed, China omicron cases
Investors are keeping an eye on rising numbers of coronavirus cases, especially in China. Benchmarks fell Tuesday in Tokyo, Sydney and Shanghai but rose in South Korea and Hong Kong. A third …
Australians buy a record quantity of imports from China supplying 70% of rapid antigen tests
Australia’s imports from China are at record levels despite the strained diplomatic relations. China is also supplying more than 70 per cent of Australia’s approved rapid antigen test kits.
China Gorges On Cheap, Sanctioned Oil From Iran, Venezuela
China doubled down on imports of Iranian and Venezuelan crude in 2021, taking the most from the U.S.-sanctioned regimes in three years, as refiners brushed off the risk of penalties to scoop up cheap …
Upgraded shopping districts elevate consumption in China
As a major store in Beijing’s Gongzhufen shopping district, Cuiwei has become a symbol of the transformation from a traditional department store to a commercial complex with multiple service offerings …
Why China’s economy remains global recovery engine in 2022
China still raises hopes for a global recovery in 2022 with its strong economic resilience despite challenges and uncertainties amid the COVID-19 pandemic. A report released at the International …
What’s Next for China Evergrande, Crushed by Debt
One of China’s largest-ever debt restructurings is looming in 2022, with the Communist Party now in the driving seat, after China Evergrande Group, the world’s most indebted property developer, was …
First production facility in China officially inaugurated / Plant will cater to rising Asian demand
Although production at its new plant in Jiaxing / China already began a few months ago, toy manufacturer Lego (Billund / Denmark; officially inaugurated the 165,000 m 2 facility in late November. The …
Will China’s Railway in Laos Help Bolster Its ‘Soft Power’?
The inauguration of the long-promised rail line offers Beijing a chance to burnish its image in mainland Southeast Asia.
Indonesia coal shares up, China futures fall as export ban eased
Shares of big Indonesian coal companies rose on Tuesday after authorities relaxed an export ban brought in this year, even as vessels loaded with the fuel had yet to leave ports in the world’s biggest…
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