Imports have become a closely watched gauge of China’s economic health as the country has transitioned from an export-driven growth model to a more consumption-based model. China’s export-driven …
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China’s new way to support Xinjiang ‘forced labour’ cotton. Blur out Western brand logos
Amid a huge backlash in China against Western fashion brands over Xinjiang cotton row, Chinese TV stations have found a new way to show support for the controversial way to produce cotton – blurring …
Tencent-Backed MissFresh Is Said to Weigh $500 Million U.S. IPO
Beijing MissFresh Ecommerce Co., an online grocery delivery … No final decisions have been made on the IPO details including size and timeline, the people said. A representative for MissFresh had no …
Li Ruigang, the powerful Chinese media mogul in control of TVB, plots IPO in Hong Kong, US markets for US$10 billion of assets
CMC raised 10 billion yuan (US$1.5 billion) in Series A fundraising in 2018 with the financial backing of investors including Tencent Holdings, Alibaba Group Holding (owner of the South China …
AliExpress Russia looks at possible IPO, reports $3 billion in transaction volumes
Online retailer AliExpress Russia on Wednesday said an initial public offering was a possible step for the company, which reported gross merchandise volume (GMV) of $3 billion for the 2020-21 …
AliExpress Russia looks at possible IPO, reports $3 bln in transaction volumes
A joint venture launched in 2019 with China’s Alibaba BABA.N and Russian partners … benefit as supply chains adjusted to new travel restrictions. The company said an IPO was a possible step, but …
Clean Science and Technology files ₹1,400-cr IPO papers
including China, Europe, the United States of America, Taiwan, Korea, and Japan. Nearly two-thirds of the company’s revenues come from exports. Axis Capital, JM Financial and Kotak Mahindra Capital …
Deliveroo shares rally a touch on first day of full trading after disaster IPO
Beijing, which can’t afford to let its attack on civil liberties … helped by a series of fundraisings and IPO work. The FTSE 100 was set to rise modestly today after markets braced for the…
CSRC Asks Haitong, Citic, CICC to Rectify After Poor Star Market IPO Work
The China Securities Regulatory Commission yesterday announced 40 administrative punishments. Some of the IPOs were completed while some applications were withdrawn. Many Chinese firms took back their …
China’s control of bitcoin mining terrifies investors
Calls for a crypto carbon tax are rising as new research suggests bitcoin mining alone will consume as much energy as Italy by 2024, with China racing ahead of the West in leveraging digital …
Flipkart Likely to Opt for Traditional US IPO Between October-December This Year: Report
The IPO should be done at no less a valuation than that at which … Minority shareholders after the deal included co-founder Binny Bansal, China’s Tencent Holdings, U.S. hedge fund Tiger Global …
Li Ruigang, the powerful Chinese media mogul in control of TVB, plots IPO in Hong Kong, US markets for US$1o billion of assets
Beijing hits back at Western sanctions against China’s alleged treatment of Uygur Muslims Beijing hits back at Western sanctions against China’s alleged treatment of Uygur Muslims The tycoon shot to …
Jia Yueting’s Electric Car Startup Faraday Future Files for Nasdaq IPO
Faraday Future, the US electric vehicle startup founded by Chinese businessman Jia Yueting, applied to go public on the Nasdaq yesterday, paving the way for mass production of its first vehicle after …
