The first LVMH-owned jewelry brand, FRED, had a surprisingly good year in China. Jing Daily spoke with its CEO Charles Leung to learn more.
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China’s AI start-ups face IPO hurdle
VCG. China’s artificial intelligent (AI) start-ups, amid a rapidly-growing market that drives up investment in research and development (R&D), have been pursuing public …
China Wants Its Very Own Bordeaux Region on Edge of Gobi Desert
China, a fast-growing wine market, plans to turn a northern region on the edge of the Gobi desert into a center of top quality wine production to compete with international brands and boost the local…
Dingdong Maicai files for IPO in the US
China’s omnichannel grocery online retailer Dingdong Maicai has submitted its IPO prospectus to the United States Securities and Exchange Commission, with a stock code of “DDL”, news portal Sina …
China Three Gorges New Energy Group’s IPO to debut on Shanghai Stock Exchange tomorrow
China Three Gorges New Energy Group (600905) to start trading on the Shanghai Stock Exchange – Main Board tomorrow. The firm will issue 8.57 bln shares priced at RMB 2.65 per share to raise RMB…
Online Broker Webull Considers $400 Million U.S. IPO
Online brokerage Webull is weighing an U.S. initial public offering that could raise about $300 million to $400 million, according to people with knowledge of the matter.
What is 996, the gruelling work culture polarising China’s Silicon Valley?
Demanding hours persist at Chinese tech giants and start-ups, where employees describe a culture that glorifies unquestioned dedication to work and looks down upon attempts to maintain a work-life …
China inflation: factory-gate prices hit near 13-year high as manufacturers pass on surging raw material prices
China’s official producer price index (PPI) rose to 9 per cent in May from a year earlier, while the consumer price index (CPI) rose 1.3 per cent from a year earlier.
China’s May factory gate prices rise at fastest pace in over 12 years
China’s factory gate prices rose at their fastest annual pace in over 12 years in May due to surging global commodity prices and a low base of comparison, while consumer prices increased for the third…
Covid outbreak in China sparks fears of trade disruption
A Covid-19 outbreak in southern China is curbing activity at some of the country’s biggest ports, stoking fears that further disruption in international trade risk pushing up the price of its exports.
Chinese grocery app Dingdong Maicai files for U.S. IPO
Chinese grocery app Dingdong Maicai, backed by investors including Sequoia Capital and Tiger Global Management, filed for a U.S. initial public offering on Tuesday, as it seeks more funds to compete …
Satellite photos show rapid construction at military base where US has ‘serious concerns’ about China’s presence
The two new buildings are just north of the site of US-built facilities that were demolished by Cambodia’s government late last year.
China plans to accelerate blockchain development and adoption in push to become a world leader in the technology by 2025
In a new document, China’s internet governance agencies highlighted the country’s effort to establish an ‘advanced blockchain industrial system’ and become a world leader by 2025.
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