China’s IPO applications slumped by a third in the first half of 2023, as earnings volatility, a slowing economy and tighter regulatory scrutiny deterred potential candidates.Chinese exchanges, which …
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K33 Research Reports 10,000 Companies and 190,000 Professionals Involved in Crypto Industry
According to K33 report, the crypto industry employs 190,000 individuals, they are working in 10,000 companies, as of July 2023.
China’s internet firms report faster profit growth in first 5 months
China’s major internet companies and related services companies saw notable profit increases in the first five months of the year, data from the China Academy of Information and Communications Technology showed.
It’s Hard for Americans to Engage in China-Bashing Without Tripping on Contradictions
The contradictions of China-bashing in the United States begin with how often it is flat-out untrue. The Wall Street Journal reports that the “Chinese spy” balloon that President Joe Biden shot down with immense patriotic…
Number of private firms in China exceeds 50m
As per the administration, the development of private firms in China has been recovering so far this year, representing resilience and vitality. In the first five months, the country saw 3.76 million private firms registered,
Jack Ma’s run-in with Beijing not only saw him disappearing for over 2 years, it also cost his companies over $850 billion
Beijing announced a $985 million fine for Ant Group — an Alibaba affiliate — signaling an end to a years-long regulatory crackdown.
China Should Shift Stimulus to Consumption, Ease Residency Curbs -PBOC Adviser
“The target of our stimulus should shift from investment to consumption, which can more directly correspond to our actual economic bottlenecks and weaknesses,” Cai Fang, an adviser to the People’s …
Gallium prices jump as buyers lock in supply before China export controls
Gallium and germanium play a vital role in various critical industrial sectors such as satellite, solar cells and semiconductors.
Alibaba, Tencent shares rise as investors bet China’s tech crackdown is over
Alibaba Group and Tencent shares rose in Hong Kong on Monday after China’s $984 million fine against the Jack Ma-founded Ant Group appeared to signal the end of a regulatory crackdown on the country’s …
China ends crackdown on web giants with colossal fines for Ant Group, Tencent
China’s crackdown on web giants Alibaba and Tencent appears to be over, with the two to pay a combined $1.4 billion in fines to atone for past sins as Beijing moves on to “normalized” supervision.
China’s trade still in good place despite woes worldwide
The nation’s export growth witnessed consecutive increases in March and April — by 14.8 percent and 8.5 percent year-on-year, respectively, and then shrank 7.5 percent in May, triggering concerns over …
China’s consumer-driven sectors are a ‘sweet spot’ and opportunity for investors, says KKR
From pet food to liquor and lighting fixtures, global investing company KKR is putting their money behind a suite of consumer-driven sectors in China.
Chinese auto brands on rise as they seize NEV opportunities
China’s auto industry is experiencing a new phase of high-quality development, particularly in the field of new energy vehicles where it has established a competitive edge, said officials at the 2023 …
