Chinese regulators had ordered Ant Group to restructure before allowing the fintech giant to complete its record-breaking $35 billion IPO.
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Morgan Stanley economist: New regulations to reset China’s economy
These new measures indicate “a significant moment in the history of China’s economy and capital market,” said Robin Xing, Chief China Economist of Morgan Stanley. Behind the regulatory reset is …
Private China Refiners Grab Barrels
Chinese independent oil refiners returned to the physical crude market in recent weeks, aiding a recovery in Asian demand after a government crackdown on the sector had spurred buyers to scale back …
China mining shock may not be over yet, experts suggest
Earlier this year, the Chinese government took the momentous step to ban any crypto mining operations based within its borders, causing a massive exodus of hashing power — 168 exa hashes per second …
INTL AL CONF: China on track to import world’s surplus alumina in 2021 – Alumina Ltd
Speaking at this year’s Fastmarkets International Aluminium Conference, Wood said: “Over the 2021 year, we expect a total of 3 million tonnes of alumina to be imported by Chin …
China Could Grab Europe’s Mass Market For Electric Cars Unless EU Acts
Europe’s market for small electric cars be dominated by China unless swift action is taken by the European Union (EU) to allow manufacturers to profitably provide cheap vehicles for the mass market, …
China launches new probe into Meituan’s acquisition of bike-sharing firm
China’s market regulator said it was probing the food delivery firm after it failed to report the deal in an antitrust review, reported KrAsia.
Chinese experts refute US criticism over reported closure of business group in China
Chinese experts on Wednesday refuted US accusations against China’s regulatory environment after a US business group in Chengdu, Southwest China’s Sichuan Province was reportedly shut down, saying …
China’s new blockchain infrastructure to digitize securities and futures
Chinese regulators including the Securities Association of China (SAC) and the China Securities Regulatory Commission (CSRC) held a meeting in Beijing to promote blockchain in the securities industry …
GM Launches Nine-Passenger Wuling Zhengcheng MPV In China
Two and a half months after teasing an upcoming nine-passenger vehicle, SAIC-GM-Wuling has just officially launched the all-new Wuling Zhengcheng MPV with seating for up to nine. General Motors’ …
What are the common misunderstandings of international skin care brands about China’s target market?
Market insight and strategic planning agency China Skinny has continuously conducted research on Chinese beauty consumers for many years. The report …
Big business scrambles to avert U.S. Cold War with China
Companies are teaming up with untraditional allies out of fear that the fall legislative session will lead to restrictive laws.
China’s service trade fair eyes cooperation, opening up
The China International Fair for Trade in Services (CIFTIS), which is to open in Beijing on Thursday, aims to promote deeper cooperation and wider opening-up in service trade and beyond. The trade …