China Evergrande Group’s online home and car sales platform FCB Group is weighing an initial public offering in the U.S. as soon as the fourth quarter, according to people familiar with the matter.FCB … (…
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Global oil markets under pressure as Asia destocks, China imports slowed
Chinese independent refiners, which account for a fifth of the country’s imports, have slowed imports … them least appealing to Asian buyers. “China’s demand for (Russian) Urals, West African … ( read original story …)
China squeezes Western brands as Xinjiang backlash builds
China on Thursday launched a PR war on Western brands critical of rights abuses in Xinjiang, with celebrities severing ties with Nike, H&M facing a boycott and Burberry dumped from a deal with a ……
Ethereum alternative Neo launches new version as China bolsters blockchain
The third version of Neo blockchain protocol promises faster speeds and lower gas fees, as well as oracles and distributed file storage. ( read original story …)
Feb’s 21 China PE imports down 26.53% m-o-m
[RISK DISCLAIMER] All opinions, news, analysis, prices or other information contained on this report is provided by analyst of Zhejiang Huarui Information Consulting Co., Ltd (CCFGroup) as general … ( read original story …)
China attacks foreign clothing, shoe brands over Xinjiang
China’s ruling Communist Party is lashing out at H&M and other clothing and footwear brands as it retaliates for Western sanctions imposed on Chinese officials accused of … ( read original story …)
EXCLUSIVE-China’s Didi leans towards New York for IPO, eyes valuation of at least $100 bln -sources
A fifth person close to Didi said the company is also considering a second listing in Hong Kong if its U.S. IPO takes place. Beijing-based Didi said it doesn’t have a definite plan regarding its…
UPDATE 3-TikTok owner ByteDance hires CFO in a step towards IPO
TikTok owner ByteDance has hired Xiaomi executive Shou Zi Chew for a newly created role as chief finance officer, in a sign that the tech company is moving towards a much-anticipated initial public … (…
Over 1,000 int’l brands to participate in China consumer products expo
More than 1,000 global brands from 69 countries and regions will participate in the first China International Consumer Products Expo in Haikou, capital of south China’s Hainan Province, the organizers … ( read original story…
Jack Ma’s Ant regroups after pulled IPO
Ant is still looking for a public listing and wants to improve its valuation that’s taken a hit from a regulatory overhaul. ( read original story …)
Jack Ma’s Ant seeks to rebuild valuation after pulled IPO
Ant Group is demanding a larger slice of lucrative commissions from its popular payments platform at the expense of local banks as China’s largest fintech tries to offset losses from a government … ( read…
For Canadians, Two Michaels’ Ordeal Exposed ‘Dark Side of China’
“China is our second [largest] trade partner, but in terms of our exports, we export just about over 4% of our total exports to China,” he said. FILE – Huawei Technologies Chief Financial Officer Meng…
A $60 Billion U.S. Stimulus Windfall Is Heading China’s Way
David Ni is expecting a great year for his Chinese car-wheels business, thanks to the $1.9 trillion boost President Joe Biden just gave to the U.S. economy. ( read original story …)
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