Chinese ride-hailing giant Didi Global Inc is telling investors it plans to price shares in its US initial public offering at or above the top of a marketed range, according to people familiar with …
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China-Australia relations: US coal continues to fill void left by ban on Australian exports, Canberra report says
Philippines and Colombia – coal exporters that do not traditionally ship to China – have seen a windfall of Chinese orders in recent months.
China’s Didi will reportedly price IPO above expected range
Chinese ride-hailing company Didi Global Inc. is planning to price shares in its U.S. initial public offering at or above the top end of its indicated range, according to a report.
China ‘erred’ and ‘failed’ on wine, Australia says in formal complaint to World Trade Organization
Move involves China’s duties on Australian wine and marks the second dispute Canberra has launched at the WTO against Beijing in just over six months.
Didi IPO And China’s Big Tech Warning Signs
Wall Street enthusiasm for Didi Global’s IPO stands in stark contrast to actions in China that are bringing Big Tech increasingly under the microscope.
China urges countries to avoid export curbs, hoarding of COVID vaccines
China on Tuesday urged all countries to refrain from “excessive hoarding” and curbs on export of COVID-19 vaccines. “China calls on countries with the ability to provide COVID-19 vaccines to avoid …
Chinese Grocery Delivery Tycoon Shrugs Off Reduced IPO In U.S.
Chinese online grocer Dingdong Maicai drastically cut the size of its initial public offering, but its founder Liang Changlin insists the industry still has a great deal of potential for growth and …
Chinese CPU Designer Loongson Wants to Raise $500 Million in STAR Market IPO
Loongson Technology Corp. Ltd. filed Monday for an IPO on Shanghai’s Nasdaq-style STAR Market, as the central processing unit (CPU) designer looks to raise 3.5 billion yuan ($544 million) amid a …
China’s Unwanted Crypto Miners Look for New Home
Every autumn, Chinese Bitcoin miners leave their bases in the country’s hydropower-rich south to head north in search of cheap coal to fuel some of the world’s largest cryptomining operations. They …
China’s oldest crypto exchange exits cryptocurrency business amid government crackdown on Bitcoin mining
It may not be the biggest crypto exchange on the block like Binance, but it definitely has more history — BTC China (BTCC), which ran the first-ever Bitcoin exchange in China, has confirmed the …
Beijing nudges ‘Made in China, sold on Amazon’ model along in bid to help smaller exporters
Beijing will encourage its exporters to build up overseas warehouses and enhance cross-border logistics capabilities.
China initiates WTO dispute against Australian duties
China has initiated a dispute at the World Trade Organisation over Australian duties imposed on imports of wind towers, deep drawn stainless steel sinks and railway wheels from China, the WTO said on …
China imports gasoline, gasoil amid good margins, volumes limited by quota: sources
China’s oil companies import rare fine gasoline and gasoil cargoes to get good margins in the domestic market, but limited oil product import quotas are likely to cap these inflows, market sources …
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