Tech losses weighed on the major indexes Thursday, extending yesterday’s sell-off amid worries tightening export restrictions could have wide-reaching impacts.
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China Is Fueling Crypto Crime, From North Korea to Mexican Cartels: TRM
These informal banks, which TRM says are mainly operated by Chinese organized crime syndicates called triads, take incoming crypto from various criminal enterprises, and swap it for fiat that Chinese …
Chinese tea chain Chagee pops in its IPO opening as investors look past trade war worries
Chagee Holdings Limited (NASDAQ:CHA) soared to as high as $41.78 in Thursday trading after pricing its IPO at $28.00 per ADS. The Chinese premium tea drink maker is offering 14.68 million shares and …
A 30-Year-Old Becomes Billionaire on US IPO of Chinese Tea Chain
A 30-year-old Chinese entrepreneur has become an unlikely billionaire with the listing of his sprawling tea shop chain in the US, even as tensions between the two nations stoke an economic decoupling …
Chinese tea chain Chagee opens at $33.75 per share in market debut, after pricing IPO at $28
Chagee, a Chinese tea chain, made its U.S. public market debut on the Nasdaq as trade tensions between Washington and Beijing rise.
The U.S. Exports a Lot of Stuff to China. Here’s a Breakdown
The trade fight with China is hitting the U.S. in two directions. The huge tariff barriers erected by both countries put the brightest spotlight on the massive amount of Chinese-made goods—$438.9 …
Chinese tea chain Chagee CEO becomes a billionaire after US$411 million US IPO
NEW YORK] A 30-year-old Chinese entrepreneur has become an unlikely billionaire with the listing of his sprawling tea shop chain in the US, even as tensions between the two nations stoke an economic …
Exports of sanctioned Russian Arctic oil to China set to rise in April, sources say
Russia’s exports of Arctic oil to China are set to rise sharply in April after sellers offered wide discounts and shipment on non-sanctioned tankers to counter a U.S. embargo, analytics firm Vortexa and two Russian…
China, US at impasse over who should start trade talks
China’s commerce ministry on Thursday urged the United States to stop putting “extreme pressure” on the world’s second-largest economy and demanded respect in any trade talks, but the two sides …
Chinese tea firm Chagee raises US$411 million in New York IPO, sources say
Chinese tea firm Chagee has raised US$411 million by setting the price of its shares at US$28 each in its New York initial public offering (IPO), according to two sources with direct knowledge of the…
Chinese manufacturers flood TikTok with videos urging Americans to buy direct after Trump’s tariffs
Chinese manufacturers flood TikTok with videos urging Americans to buy direct after Trump’s tariffs – Experts say videos are likely an effort by counterfeit manufacturers to take advantage of confusio …
Chinese tea firm Chagee raises $411 million in New York IPO, sources say
Chinese tea firm Chagee has raised $411 million by setting the price of its shares at $28 each in its New York initial public offering, according to two sources with direct knowledge of the matter.
Those TikTok Wholesale Finds From China—From Birkins To Birkenstocks—Are Probably Fake. Here’s Why.
Chinese manufacturers are using Trump’s tariffs as a marketing opportunity, advertising “luxury” products directly from the factory on TikTok, but they’re unlikely to be the actual products, or of the …