Chinese ride-hailing giant Didi Global Inc. priced shares in its U.S. initial public offering at the top of a marketed range to raise at least $4 billion and will likely add to that sum by…
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China’s Didi raises $4 billion in U.S. IPO – source
Chinese ride hailing giant Didi Global Inc raised $4 billion in its U.S initial public offering (IPO) on Tuesday, pricing it at the top of its indicated price range, according to a source with direct…
Chinese Ride-Hailing Giant Didi Prices IPO at $14 a Share: Reports
Chinese ride-hailing giant Didi Chuxing priced its IPO at $14 a share Tuesday evening, giving the company a valuation of about $67 billion according to reports. At $14 a share, Didi will raise about …
China deploys stealth fighter jets to units monitoring Taiwan Strait in possible warning to US allies
The deployment is aimed at telling South Korea and Japan that China is strengthening its air defense, one observer said.
China’s Didi to guide pricing US IPO at top of range or above
Chinese ride-hailing giant Didi Global Inc is telling investors it plans to price shares in its US initial public offering at or above the top of a marketed range, according to people familiar with …
China-Australia relations: US coal continues to fill void left by ban on Australian exports, Canberra report says
Philippines and Colombia – coal exporters that do not traditionally ship to China – have seen a windfall of Chinese orders in recent months.
China’s Didi will reportedly price IPO above expected range
Chinese ride-hailing company Didi Global Inc. is planning to price shares in its U.S. initial public offering at or above the top end of its indicated range, according to a report.
China ‘erred’ and ‘failed’ on wine, Australia says in formal complaint to World Trade Organization
Move involves China’s duties on Australian wine and marks the second dispute Canberra has launched at the WTO against Beijing in just over six months.
Didi IPO And China’s Big Tech Warning Signs
Wall Street enthusiasm for Didi Global’s IPO stands in stark contrast to actions in China that are bringing Big Tech increasingly under the microscope.
China urges countries to avoid export curbs, hoarding of COVID vaccines
China on Tuesday urged all countries to refrain from “excessive hoarding” and curbs on export of COVID-19 vaccines. “China calls on countries with the ability to provide COVID-19 vaccines to avoid …
Chinese Grocery Delivery Tycoon Shrugs Off Reduced IPO In U.S.
Chinese online grocer Dingdong Maicai drastically cut the size of its initial public offering, but its founder Liang Changlin insists the industry still has a great deal of potential for growth and …
Chinese CPU Designer Loongson Wants to Raise $500 Million in STAR Market IPO
Loongson Technology Corp. Ltd. filed Monday for an IPO on Shanghai’s Nasdaq-style STAR Market, as the central processing unit (CPU) designer looks to raise 3.5 billion yuan ($544 million) amid a …
China’s Unwanted Crypto Miners Look for New Home
Every autumn, Chinese Bitcoin miners leave their bases in the country’s hydropower-rich south to head north in search of cheap coal to fuel some of the world’s largest cryptomining operations. They …
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