Exclusive: China’s Didi leans towards New York over Hong Kong for IPO, eyeing at least $100 billion valuation – sources … ( read original story …)
Tagged By export
New Zealand exports, imports down despite rebound in trade with China
WELLINGTON, March 24 (Xinhua) — New Zealand’s exports and imports were both down in February 2021 compared with the previous February, despite rebound in trade with China, the statistics department … ( read original story…
U.S Government to unveil Crypto nemesis before end of July
Leading financial brands and payments processors are anxiously watching the Fed’s push in creating an electronic alternative to cash. ( read original story …)
China triples output of COVID-19 vaccines from early February: Xinhua
China was among the first countries to begin administering vaccines last year and has been exporting millions of doses, but its vaccination rate has fallen behind those of countries such as Israel and … (…
China’s copper imports drop 9% in Jan-Feb on poor arb, holiday effect
China’s imports of refined copper fell by 8.9% year on year during the first two months of 2021, with the decline mainly the result of poor arbitrage terms and holidays during the period. Our new…
China’s biggest car brand launches rival to Tesla
China’s biggest carmaker Geely is launching a premium electric car brand it hopes will take on Tesla. The Chinese company, which owns Volvo and Lotus, announced its Zeekr brand on Tuesday to tap into ……
Global Fast Fashion Is Flopping Hard in China
Old Navy, Bershka, Pull & Bear, Stradivarius, C&A, and Forever 21 have pulled back on the market with Gap possibly to follow soon. ( read original story …)
China Sees 84 IPO Deals Withdrawn in First Quarter of 2021
Many Chinese firms are rushing to pull planned IPOs that they had hoped to push through this year after regulators moved to tighten requirements. Beijing’s focus on curbing financial risk and … ( read original…
China’s Baidu debuts in HK after $3.1bn IPO
Chinese search engine Baidu debuted on Hong Kong’s stock exchange Tuesday after raising US$3.1 billion in its initial public offering, the latest mainland tech giant to flock to the financial hub. ( read original story…
US Seen Falling Short Countering China’s Rising Geopolitical Clout
China’s multitrillion-dollar initiative is “unbound geographically … as well as the reauthorization of the Export-Import Bank. “There was a lot of rebranding, but there weren’t additional resources … ( read original story …)
Shelved IPOs Surge in China After Watchdog Tightens Scrutiny
China Weighs Tighter Rules on STAR Board IPOs, Fintech Curbs Yi Huiman, the head of China Securities Regulatory Commission, warned over the weekend about the risks of “hot money” flows, which he said … (…
Australian hay growers brace for China hit as export permits lapse amid trade tensions
Farmers are under pressure to pivot to different crops amid signs hay growers could be caught in a new round of trade penalties by China. ( read original story …)
China coal: Australia ban continues to weigh on supply, imports down 40 per cent even as Russia moves to fill gap
China’s imported coal supplies are under pressure amid a prolonged ban on Australian imports that shows “no sign of being lifted in the near term”, and new restrictions at the border with Mongolia. ( read…