But next year will be even tougher.” That somber gathering encapsulated what many in the room already suspected – the ride-hailing champion once feted for running Uber Technologies Inc out of China …
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What are ‘red chips’, and why are China’s state-owned companies such a big deal in Hong Kong’s stock market?
China’s state-owned enterprises (SOEs) have made their presence felt in Hong Kong over the years. Some of their major businesses and brands are household names to the locals, but the owners behind …
China’s factory, service sectors shake off 3 months of lockdown pain, PMI rises to 50.5 in May
While activity has sped up since various COVID lockdowns imposed since March have been rolled back, headwinds persist, including a still subdued property market, soft consumer spending and fear of any …
Chinese lithium producer Tianqi seeks $1.7 billion IPO in Hong Kong
Tianqi Lithium shares 002466, +2.53% are already traded in mainland China, and the high end of the IPO price range is roughly 43% below the Wednesday closing price of its Shenzhen-listed stock.
China’s factory, service sectors shake off 3 months of lockdown pain
China’s factory and service sectors snapped three months of activity decline in June, business surveys showed on Thursday, as authorities lifted a strict COVID lockdown in Shanghai, reviving output …
China’s Manufacturing, Services Activity Returned to Expansion in June — Update
China’s official gauges of factory and services activity rebounded … The subindex measuring total new orders rose to 50.4, compared with 48.2 in May. The subindex tracking export orders jumped to 49 …
Japan Pushes for Stronger Cooperation to Counter China at G7
Japan’s prime minister stressed that Russia and China pose similar threats to the rules-based international order.
A quarter-century after the handover, is Hong Kong still attractive as a business hub?
Crackdowns by Beijing and severe COVID restrictions have undermined its status. Friday marks the anniversary of the transfer of control.
Companies in China are aiding Russia’s military, U.S. alleges
The United States has accused several companies and research institutes in China of supporting Russia’s military after the Ukraine invasion began, in one of the first concrete signs of Chinese …
Jiuzi Holdings Performs Unevenly As Pandemic Uncertainty Continues In China
Jiuzi Holdings went public in May 2021, raising approximately $26 million in a U.S. IPO. The firm sells electric and hybrid vehicles via dealers in China.
China’s luxury auto brand Hongqi opens 1st showroom in Israel
Israeli car dealership Samelet Group on Tuesday opened the first showroom for China’s limousine brand Hongqi in the central Israeli city of Tel Aviv. Hongqi, meaning “red flag” in the Chinese language …
China And Saudi Arabia Strengthen Alliance With New Megaproject
China and Saudi Arabia have announced a new energy megaproject, a sign of the strengthening alliance between the two energy powerhouses …
Mulberry Sees China Business Rebounding as Lockdowns Lift
“I’m confident about China; the government is doing everything it can to encourage business,” said Mulberry CEO Thierry Andretta.
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