Experts said that when the new carrier enters service, “it will be a formidable addition to China’s navy.” …
Tagged By export
Will ride-hailing app Didi’s IPO hit over $100bn?
Didi Chuxing, China’s dominant ride-hailing app, has filed to go public in the US, setting up one of the biggest IPOs this year.
China aluminium exports have likely peaked, CRU says
China’s exports of aluminium have likely peaked in the wake of a series of trade protection moves in key markets around the world but the country is now shipping higher value-added products overseas, …
Full Truck, China’s ‘Uber for trucks’, to raise US$1.57 billion in US listing
The Guiyang-based company, better known as Manbang, plans to sell 82.5 million shares at between US$17 a share and US$19 a share on the New York Stock Exchange.
Blackstone makes US$3.05 billion offer for Soho China to pick up real estate assets at 40 per cent discount with eye on recovery
While the offer at HK$5 per share is at a premium to market, Blackstone will be picking up Soho’s assets at about 40 per cent discount to net asset value of HK$8.37 per share at…
Vietnam: Fruit export to China sees increase
According to the country’s Ministry of Agriculture and Rural Development on Wednesday, June 16, Vietnam’s fruit export to China enjoyed burly increase …
Vietnamese fruit export to China increases in Jan.-May period
Jun. 16 Vietnam’s Ministry of Agriculture and Rural Development said that the country’s fruit export to China saw robust expansion in …
Vietnamese growers incur big losses as export channels to China get stuck
Prices of Vietnamese fruits and vegetables have plummeted because they cannot be exported to China. In fruit centers, farmers are incurring big losses despite bountiful crops. The country …
China’s Guangdong COVID-19 restrictions to hit exports near-term
Pandemic-related restrictions imposed in Guangdong, China in May are expected to slow down exports in the near term, as the province account for nearly a quarter of the country’s total shipments …
DiDi IPO: Everything you need to know about Didi
What do we know about the DiDi IPO? DiDI filed for its US IPO on June 10 2021 with an expectation to raise around 8 to 10% of its pre-IPO valuation. This could mean a…
China: companies pivot away from study abroad
Covid-19 has resulted in large numbers of Chinese businesses pivoting away from study abroad services, research from the market intelligence agency BONARD has shown. BONARD found that many Chinese …
China releasing metals stockpiles in bid to cool inflation
The Chinese government says it will release copper, aluminum and zinc from stockpiles to increase market supplies in a fresh effort to restrain surging prices that officials warn might disrupt a busin …
China’s ‘Uber For Trucks’ Startup Proposes To Raise About $1.6B In US IPO: WSJ
Chinese truck startup, Full Truck Alliance Co or Manbang Group aims to raise to $1.57 billion from its U.S. initial public offering (IPO), the Wall …