These global brands have built outstanding localization strategies in China by tailoring content to their regional consumers. ( read original story …)
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Hong Kong rises to fourth in global financial centre rankings on the back of strong IPO market, mainland stock links
Hong Kong rose two places in this year’s Global Financial Centres Index, but is yet to fully recover from the impact of the social unrest in 2019, study shows. ( read original story …)
U.S. Manufacturers Urge Biden to Deploy Tougher China Strategy
The leading U.S. manufacturers group urged President Joe Biden to “rapidly develop and publicly release” a new strategy that strengthens the American economy’s ability to compete with China. ( read original story …)
US manufacturers urge Joe Biden to deploy tougher China strategy
The leading US manufacturers group urged President Joe Biden to “rapidly develop and publicly release” a new strategy that strengthens the American economy’s ability to compete with China. Accusing … ( read original story …)
Koo app severs China links, Nazara IPO begins
In today’s ETtech Evening Briefing, Twitter rival Koo app severs China links; Nazara IPO gets subscribed 3.8 times on Day 1 of offering; and Startups can now tap profident fund (PF) money for funding. (…
Cold-chain food imports rebound in China
China’s imported cold-chain food industry, once a center of attention over repeated COVID-19 cases, is bouncing back after a surge of consumption during and after the Chinese Spring Festival. Salmon … ( read original story…
Chinese e-commerce platform Jowell Global prices US IPO at $7
J owell Global, which operates an e-commerce platform for cosmetics and health products in China, raised $26 million by offering 3.7 million shares at $7, as expected. At pricing, the company commands … ( read…
Five big US banks drawn to China ‘like moths to a flame’, increased exposure last year
Goldman Sachs led US banks ploughing billions of fresh cash into China last year, undeterred by political turmoil as the world’s second-largest economy further opens its US$50 trillion financial … ( read original story …)
Turkish police bust Chinese crypto scam that held 101 workers captive
Police in Turkey busted a crypto scam ran by 18 Chinese nationals who were holding 101 employees hostage. The gang was advertising a fraudulent crypto asset management in China. ( read original story …)
China Social App Soul Said to File Confidentially for U.S. IPO
The company behind Chinese social networking platform Soul App has confidentially filed for an initial public offering in the U.S. that could take place as soon as this year, according to people … ( read…
China tightens grip on e-commerce, sharing economy IPOs: Retailheads
Regulators rolled out a set of rules closing livestream e-commerce loopholes. Two of China’s largest ‘sharing economy’ firms filed for US IPOs. ( read original story …)
Hong Kong: IPO hits almost $11 billion, close to 500% jump from 1 year earlier
A pandemic-induced hunger for technology stocks and the threat of US delistings have been a boon for the financial hub during a difficult political stretch, driving a surge in initial and secondary … ( read…
Alibaba Browser Removed From Several App Stores In China
Alibaba Group Holding Limited’s (NYSE: BABA) popular internet browser has been removed by several internet companies from their app stores in China, the Financial … ( read original story …)
