The last time the BSE approved an IPO was on Feb. 6, when Tongguan Mines Construction passed its review. The bourse suspended reviews mainly due to the new regulations introduced by China’s cabinet in …
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Hong Kong’s SFC Kicks out All Unlicensed Crypto Exchanges
Hong Kong’s Securities & Futures Commission (SFC) has required all unlicensed virtual asset trading platforms (VATPs) to exit the city starting tomorrow, June 1, 2024. SFC states, “All VATPs operating …
China now has 500 warheads and is building its nuclear arsenal faster than any other country, think tank says
China increased its nuclear warheads from 410 in 2023 to 500 at the start of 2024, per the Stockholm International Peace Research Institute.
Four Car Brands You’ll Be Surprised To Know Come From China
It’s no secret that many automotive brands are owned by just a few companies, but you might be surprised to learn that some are owned by the Chinese.
Chinese Premier Li to meet business leaders in mineral-rich Western Australia
Chinese Premier Li Qiang will meet business leaders in Western Australia on Tuesday, and is expected to visit a lithium processing plant in the resource-rich state on the last day of his four-day visit to…
China’s next-gen sexbots powered by AI are about to hit the shelves
Future models ‘react with both movements and speech, significantly enhancing user experience by focusing on emotional connection’, producer says.
China Focus: Coconut yoghurt brand Yeyo, new packaging rules, cage-free eggs, and growth in the baijiu and dairy sectors
In this edition of China Focus, we feature coconut yoghurt brand Yeyo’s expansion plans, new packaging rules for tea, ensuring authenticity of cage-free eggs, incentivising the baijiu and dairy …
Adidas shares fall on investigation into China corruption allegation
Adidas shares dropped 4% on Monday after the German sportswear brand said it was investigating allegations of corruption in China after receiving an anonymous letter.
Top 11 most valuable Chinese brands in 2024
Tencent, ranking 10th in the 2024 Most Valuable Global Brands list, has become the most valuable Chinese brand, followed by Kweichow Moutai, Alibaba and Douyin/TikTok. Let’s take a look at the top 11 …
Major Chinese semiconductor company goes bankrupt — 23 others recently withdrew IPO applications
China’s semiconductor industry is facing a resurgence of unfinished projects as smaller companies go bankrupt, reports the China Times. Recent insolvencies, such as that of Shanghai Wusheng …
KE Holdings: A Decent Business In China’s Most Hated Sector
KE Holdings’ new businesses, including home renovation and furnishing, have experienced rapid growth. Learn why I am giving BEKE stock a buy rating.
Washington state company slapped with $360,000 fine after illegally importing timber from China
A home goods seller in Tacoma, Washington, was fined $360,000 by the Department of Justice for lying about importing wooden cabinets and vanities from China. Tip the Scale, which operates its business …
China’s Housing Funk Deepens As Manufacturing Falls Short
China’s housing market declined in May due to low investment and home prices, while industrial output improved. Retail sales exceeded expectations.