China’s foreign reserves rose to US$3.222 trillion at the end of November, up US$4.8 billion from a month earlier The dollar-denominated value of exports increased by 22 per cent on year last month, …
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Microinverter Maker Hoymiles Sets China’s Highest-Ever IPO Price
Hoymiles Power Electronics has set a new record for the highest-priced initial public offering in China in what will also be the country’s first stock market listing by a manufacturer of solar …
This Is What U.S.-China Decoupling Looks Like
Recent years have seen a deterioration in the U.S.-China relationship, but does that necessarily mean a decline in their economic relationship. The statistics might surprise you.
China Posts Less-Than-Expected November Trade Surplus as Imports Swell
China’s trade surplus shrank 3.4 percent to USD71.7 billion last month from a year earlier as imports rose, according to official data. That was less than the USD82.2 billion predicted by chief …
Uncertainty Threatens the IPO Pipeline in 2022
This is setting up to be the biggest year for initial public offerings (IPOs) ever. Despite market turbulence and fears of the Omicron variant, the IPO market has had a sensational year, with several …
Hoymiles launches Star IPO at steep valuation
Hoymiles Power Electronics set its Star market IPO price at Rmb557.8 ($87.6) on Tuesday, the highest seen in the A-share market. The company is selling 10m renminbi-denominated shares, equal to 25% of …
China important supporter of multilateral trading system: WTO official
China has been a staunch supporter of the multilateral trading system as an important member of the World Trade Organization (WTO), the WTO’s Deputy Director-General Zhang Xiangchen told Xinhua in a …
U.S. Trade And Immigration Policies Toward China Have Backfired
U.S. policies toward China on trade, immigration and semiconductors have backfired on America in harmful ways.
Weibo IPO: Chinese Firm’s Hong Kong Debut Tanks; Shares Trade 6% Below Issue Price
Immediately after listing, the shares of the Twitter-like Chinese application, Weibo, fell by more than 6% at $272.80 Hong Kong dollars ($34.98) per share.
Cultural industry of China’s Jiangsu posts robust revenue growth in Jan-Sept
NANJING, Dec. 8 (Xinhua) — The cultural industry of east China’s Jiangsu Province saw double-digit growth … Jiangsu’s 8,403 enterprises related to the cultural industry with an annual business …
Aussie crypto exchange Blockchain Global: Search for missing $50 million
An Aussie cryptocurrency exchange owes a whopping $50 million to creditors after it collapsed in mid-October as users were locked out and unable to withdraw their money.
Chinese Microinverter Maker Hoymiles Sets Highest-Ever IPO Price in China
Hoymiles Power Electronics has set a new record for the highest initial public offering price in China, the first one of a microinverter maker in the country. Hoymiles issued 10 million shares at …
METALS-Copper gains as China imports rise and eases monetary policy
Copper prices rose on Tuesday after China’s central bank eased monetary policy and as imports into the world’s top metals consumer climbed in November. LONDON, Dec 7 (Reuters) – Copper prices rose on …
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