The move is part of Jacobio Pharma’s subsidiary Beijing Jacobio Pharmaceuticals’ capital increase and equity transfer agreement.
Tagged By financials
Microsoft steps further from China, rare earth miners get a boost
In South Korea, association with AI chip king Nvidia and ChatGPT developer OpenAI has boosted the fortunes — and share prices — of Samsung Electronics and SK Hynix, two of the most important suppliers …
These are the main American products that are affected by China’s 500% tariffs
China’s 500% tariff retaliation hits U.S. high-tech and defense sectors, threatening EVs, semiconductors, and national security supply chains.
CEOs of Wells Fargo and Pfizer caution the U.S. could lose its edge to China without innovation
Speaking at CNBC’s Invest in America Forum, the CEOs said the U.S. still leads in many sectors, but inconsistent policy and underinvestment is ceding ground.
Bessent slams China on rare earths but says extending pause on tariffs is possible
Treasury Secretary Bessent and U.S. Trade Representative Jamieson Greer slammed China in a joint press conference Wednesday, saying the country has violated an earlier accord with the US by asserting …
ASML is prepared for China’s rare-earth export controls — finance head says company has stock thanks to long lead times
ASML’s finance head, Roger Dassen, said the company has sufficient rare-earth reserves to keep production running despite China’s new export-control regime that kicks in on December 1 and can halt …
Trump ready to meet with China’s Xi in South Korea, Bessent tells CNBC
U.S. Treasury Secretary Scott Bessent on Wednesday insisted that Washington did not want to escalate a trade conflict with China, stressing that President Donald Trump is ready to meet Chinese …
China September bank loans rise less than expected as weak credit demand persists
China’s new bank loans rose less than expected in September, largely driven by seasonal factors that could mask underlying weak credit demand, as policymakers battle to reverse a prolonged property …
China boosts renminbi support via fixing as trade headwinds grow
Beijing’s latest currency manoeuvre marks a departure from the stance that it deployed during the last trade war Read more at The Business Times.
China Merchants China Direct Investments Reports Q3 2025 Financial Update
China Merchants China Direct Investments ( ($HK:0133) ) just unveiled an update. As of September 30, 2025, China Merchants China Direct …
‘China is in middle of Recession, and they are …’, says America’s chief financial official Scott Bessent; accuses China of controls on resources vital for technology
US Treasury Secretary Scott Bessent accused China of undermining the global economy with export controls on rare earth minerals, suggesting it stems f …
ASML CFO says decline in China sales not linked with previous stockpiling
ASML’s expected decline in China sales is not due to previous stockpiling by its Chinese customers, finance chief Roger Dassen told reporters on Wednesday. The world’s biggest supplier of computer …
Markets News, Oct. 14, 2025: Stocks Close Mostly Lower as China Trade Tensions Outweigh Solid Bank Earnings
Stocks ended mostly lower Tuesday as the resumption of U.S. trade tensions with China outweighed strong third-quarter results from several big banks.
