The suit dates back to 2017, though the amended complaint was filed in 2020. It essentially claimed that throughout 2017 and 2018, 60 to 70 percent … ( read original story …)
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Alibaba-backed China AI company Megvii counts losses ahead of IPO
Losses for Chinese artificial intelligence startup Megvii are far outpacing revenues as the company prepares for an initial public offering of nearly $1 billion on Shanghai’s STAR Market while under … ( read original story…
China factory, retail data surge from deep year-ago plunge
China brought COVID under control before other large economies, allowing it to rebound quicker than global competitors. ( read original story …)
Aurora Mobile Partners with BitDeer, the World’s Leading Crypto Currency Mining Service Platform, to Strengthen Digital Asset Mining Services
Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the “Company”), a leading mobile developer service provider in China, today announced that it has entered into a partnership agreement with … ( read original story …)
China to continue COVID-19 vaccine aid, export: official
BEIJING, March 15 (Xinhua) — China will continue to export COVID-19 vaccines, while ensuring domestic needs are met, a Chinese official said Monday. “China’s production capacity will continue to be … ( read original story…
CHINA VOICES | What China thinks of NFTs
Chinese art publications think that crypto collectibles, or NFTs, will revolutionize the fine art maket, while others are wondering whether it’s the next crypto bubble. ( read original story …)
Connect Biopharma Holdings Ltd. (CNTB) to Raise $150 Million in IPO
Jefferies, VB Leerink, Piper Sandler and CICC acted as the underwriters for the IPO. Connect Biopharma Holdings Ltd. provided … East R&D Building, 3rd Floor, 6 Beijing West Road, Taicang, Jiangsu, … ( read original…
China punishes Donghai Airlines for crew’s mid-air fight
China’s aviation regulator said on Monday it is suspending Donghai Airlines from adding new routes, flights and capacity after concluding an investigation into a mid-air dispute between crew members … ( read original story …)
Volkswagen reports strong rebound in China sales in February
Volkswagen’s deliveries to China, which were already affected by the COVID-19 pandemic last February, exceeded the company’s sales to all other major economies and the Asian country remained … ( read original story …)
China’s Soaring Economic Activity Masks Uneven Recovery
China’s economic activity surged in the first two months of the year compared with a year ago, though the figures showed an uneven recovery with strong industrial output fueled by exports but lagging … (…
Connect Biopharma Holdings Ltd. (CNTB) Announces March 19th IPO
Connect Biopharma Holdings Ltd. (CNTB) plans to raise $150 million in an initial public offering (IPO) on Friday, March 19th, IPO Scoop reports. The company will be issuing 9,400,000 shares at … ( read original…
Asian shares mixed as China reports so-so economic data
Shares are mixed in Asia as China reported a variety of data that painted a complicated picture of its recovery from the pandemic … ( read original story …)
1st US ministers’ Japan visit under Biden to focus on China
business leaders and others while in Tokyo before heading to South Korea, another key ally in the region, Wednesday. China is not on Blinken’s itinerary, but he is set to meet senior Chinese officials ……
