Shares in Chinese bubble tea chain Sichuan Baicha Baidao failed to pop during their market debut Tuesday, tumbling as much as 38% from their listing price.
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‘Huge Disaster’—Congress Just Introduced A Game-Changing Crypto Bill That Could Blow Up The Bitcoin Price And Crypto Market
Now, as traders bet on whether China could be about to cause another bitcoin price earthquake, a pair of U.S. senators have introduced a new crypto bill to Congress, designed to regulate dollar-pegged …
China Loses Its Appetite for Russian Coal as Import Costs Rise
China is losing its appetite for Russian coal as import taxes and logistical snarls push Asia’s biggest buyer to cheaper alternatives.
Hong Kong’s bubble tea IPO flop is a sign of the market times
The bursting of Chabaidao’s bubble will now set the tone for the Hong Kong IPO market in the coming months. During a time of high competition for scarce funds, heading to market ahead of its…
US business group says policy ‘inconsistency’ hurting China investment
Policy “inconsistency” in China is discouraging foreign investors despite Beijing’s efforts to reassure international companies, a leading American business lobby group has said.
China’s Surging Steel Exports Are Inflaming Global Trade Tension
China’s biggest wave of steel exports since a global glut in the mid-2010s is inflaming trade tensions across the world as the metal reaches a wider range of destinations.
China’s Cheap EVs Redraw the Map of Where Cars Get Made
China is set to change the map of global automaking by stepping up electric-car exports that will intensify mass-market competition, according to the International Energy Agency.
Young Chinese are trading Shanghai for small cities. Brands like KFC are following them with thousands of stores.
Economic troubles in metros like Beijing and Shanghai are pushing people to move to smaller cities, where they have more disposable income.
SIGEP CHINA, THE SECOND EDITION KICKS OFF IN SHENZHEN TOGETHER WITH ANUGA SELECT CHINA WITH OVER 500 BRANDS ATTENDING
Italian Exhibition Group will take high quality Italian dolce foodservice art to the Shenzhen convention centre, in conju …
China’s Milk Tea Tycoons Struggle To Stay Afloat In Over-Brewed Market
China’s milk tea industry minted several billionaires, but they are struggling to hold onto their wealth due to extreme competition.
Another Chinese Beverage Company Pushes to Revive Hong Kong Market with Billion Dollar IPO
Advised by Clifford Chance, Jingtian & Gongcheng and Harneys, China Resources Beverage has filed for a listing on the Hong Kong Stock Exchange.
China’s strong iron ore imports diverge from weak steel output
China’s first quarter imports of iron ore and its domestic production of the steel raw material both rose strongly, but output of crude steel fell.
Second-hand clothes imports from China rise 86pc
The quantity of second-hand clothes imported from China jumped by 86.2 per cent in the first quarter of this year.