Software, media, fintech and finance and electronics brands comprise nearly one third of the list. LONDON, June 29, 2023 /CNW/ — Clarivate Plc (NYSE: C …
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Qiming-Backed AI Drug Discovery Startup Insilico Medicine Files For Hong Kong IPO
Insilico Medicine was valued at about $895 million after raising $95 million last July from the likes of leading Chinese healthcare-focused firm Qiming Venture Partners and billionaire Eduardo Saverin …
China’s Splurge on Summer Treats May Prompt More Sugar Imports
It’s blistering hot across China and people will be trying to beat the heat by indulging in iced teas and cold desserts, a trend that may spur one of the world’s biggest sugar importers to…
Chinese mainland remains crucial for global IPO activities
The Chinese mainland remains an important market for global initial public offering activities in the first half of this year, accounting for 28 percent and 50 percent of the world’s total IPO cases …
French luxury brand tycoon Bernard Arnault in China
French billionaire and luxury brand magnate Bernard Arnault is in China this week, social media posts showed, the latest visit by a foreign executive keen to reconnect to the world’s second-largest …
Nvidia says US curbs on AI chip sales to China would cause ‘permanent loss of opportunities’
Nvidia’s chief financial officer warned Wednesday that if the United States imposes new restrictions on the export of AI chips to China, it would result in a “permanent loss of opportunities” for US …
Xi’s Plan for China’s Economy Is Doomed to Fail
Almost universally, economists have praised consumption-led growth. Indeed, if carried out properly, this policy shift would help China avoid the dreaded middle-income trap—a phenomenon in which …
In rewiring global growth, China takes its role
The ongoing 14th Annual Meeting of the New Champions has provided a platform for global participants to advance regional and global collaboration and address the world’s most pressing problems in the …
More focus on stories as brands refine China livestreaming to boost profits
SHANGHAI – When tech giant Apple joined China’s livestreaming frenzy, a major driving force of the e-commerce boom in the world’s second biggest economy, it launched without deep discounts or a …
UPDATE 1-Corruption inquiry in Australia’s NSW state uncovers China links to lawmaker
(Updates with detail of misconduct findings against Maguire, China business links) By Kirsty Needham SYDNEY, June 29 (Reuters) – The former premier of Australia’s most populous state engaged in …
Huawei says applying 5G technology to business was more difficult than expected
Huawei’s Chief Financial Officer Meng Wanzhou said Wednesday that applying 5G to business was more difficult than she had expected.
Multinationals committed to China
BEEFING up their presence in China will only move multinationals forward with stronger growth over the long term, despite rising uncertainties over decoupling and supply chain disruptions, said global …
China, EU eye win-win at biz, tech fair
The fair will be held in Chengdu, the capital of Southwest China’s Sichuan province, from Friday to Saturday. More than 2,000 representatives, including officials, experts, scholars and entrepreneurs …