At the current pace, 2021 will exceed the country’s all-time record of $11.8 billion, with all involved racing to cash in on fervent demand for fresh public offerings.
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Tencent Warns of More China Tech Curbs After Growth Sputters
Tencent Holdings Ltd. warned investors to brace for more regulatory curbs on China’s tech sector, telegraphing that Beijing plans to expand restrictions over its internet giants.China’s largest …
Baidu raises $1 bln in ESG bond issue despite China tech sector woes
Chinese internet giant Baidu Inc (9888.HK) has raised $1 billion in a two-tranche, U.S. dollar sustainability bond, its first environment, social and governance (ESG) transaction.
Solar-Panel Maker Warns of Import Holdups as U.S. Cracks Down on China
Canadian Solar Inc. warned that all panel imports from China risk being detained by U.S. Customs as the Biden administration cracks down on alleged labor abuses in the Xinjiang region.
Tencent Warns of More China Curbs After Growth Sputters
Tencent Holding Ltd.’s revenue increased at its slowest pace since 2019 after China’s expanding tech crackdown hit its mobile gaming empire. And the company, which also operates social media platform …
Agilent CEO on Q3 earnings, growth of non-Covid business and opportunities in China
Mike McMullen, the president and CEO of Agilent, joined CNBC’s Jim Cramer on Wednesday’s episode of “Mad Money,” one day after the company reported fiscal third quarter results.
Delays in PH import shipments seen as Delta sidelines China ports
The Philippine Ports Authority (PPA) warns of “looming delays” in the shipment of goods such as online shopping products and raw materials for manufacturing as the contagious Delta variant …
Worldwide Crypto Adoption Skyrockets Over 880% In One Year
Recent research by blockchain analytics firm Chainalysis reveals that cryptocurrencies saw an impressive growth rate over the last year.
COVID-related shutdowns in China not expected to significantly disrupt demand
The US Meat Export Federation says heightened COVID restrictions in China haven’t had a significant impact on red meat demand. USMEF’s Joel Haggard says they don’t expect any major disruptions. “China …
Nokia launches the BH-805 True Wireless Earbuds with ANC support in China for 499 (~$77)
Nokia has launched the BH-805 Noise Cancelling TWS earbuds for sale in China. The earbuds are the brand’s first-ever Active Noise Cancellation-packing earbuds. It was earlier launched in Europe priced …
China Buying More Stake In Internet Content Firms ByteDance, Weibo
China is reportedly making its presence felt in its internet-content companies by buying up stakes, filling up board seats and sending committed regulators to monitor the content being produced at …
China’s Oil Product Exports Plunge As Quotas Are Slashed
Chinese exports of gasoline and diesel plunged in July compared to June, after China slashed the quotas of authorized exports of refined petroleum products …
China’s July diesel exports hit 10-month low as refiners run out of export quotas
China’s diesel exports in July plunged 41% from a month ago as refiners neared the end of the first batch of 2021 refined fuel export quotas, while a drop-off in domestic fuel supplies encouraged …
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