Taiwan-based e-scooter manufacturer Gogoro is finally launching its battery swapping system in China, facilitating a new, cleaner, and more convenient type of urban mobility.
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Syngenta’s China IPO suspended by exchange for missing financial info
The planned US$10 billion initial public offering of Swiss agrochemicals giant Syngenta Group in China has been suspended by the Shanghai stock exchange, it said in a filing, after the company failed …
China Has No Business To Occupy Land That Rightfully Belongs To India: Maj Gen GD Bakshi
A nine-hour meeting led by 14 Corps commander Lt-General P G K Menon and the South Xinjiang Military District did not resolve the issue of status quo of Ladakh …
McDonald’s China Gives Away Over 150 NFTs on Anniversary
American fast food chain McDonald’s marked its 31st anniversary in China by gifting 188 non-fungible tokens (NFTs) to employees and customers. Learn how smart money is playing the crypto game.
Lenovo withdraws IPO application
Lenovo Group Ltd said it decided to withdraw its application for an initial public offering on the Shanghai Stock Exchange’s Science and Technology Innovation Board, due to a reconsideration of its …
China’s Ant Group increases registered capital by 47% to US$5.4 billion
BEIJING: China’s Ant Group has raised its registered capital to 35 billion yuan (US$5.44 billion) from 23.8 billion yuan, public business registration records showed, as the fintech giant continues …
How China stumbled into a giant energy shortage
The perfect storm that created China’s worst power crunch grew out of surging energy demand amid the post-pandemic recovery at the same time that coal supply plunged under the government’s …
China bans import of UK beef from cattle under 30 months of age due to ‘mad cow’ case
China customs said on Monday it had banned the import of British beef from cattle under 30 months of age due to a case of ‘mad cow’ disease in the country last month.The ban was…
Crypto consultancy Blockchain Global receives second winding up application
Cryptocurrency consultancy Blockchain Global has had a winding up application lodged against it for the second time this year.
Beijing discord drowns out Chinese tech playlist
After dropping New York IPO plans, podcast app Ximalaya is eyeing a $1 bln float in Hong Kong. The prospectus details regulatory uncertainties ranging from censorship to whether it can list at all. It …
Ant Boosts Capital to $5.4 Billion One Year After Botched IPO
Ant Group Co. ramped up its capital base to 35 billion yuan ($5.4 billion), almost a year after Chinese regulators thwarted its record initial public offering and told it to overhaul its sprawling …
China’s Fosun Fashion Group Rebrands to Lanvin Group
Lanvin Group’s investors now include Japan’s Itochu Corporation, a trading and textile company, Chinese footwear giant Stella International and private equity firm, Xizhi Capital. Its latest capital …
Gogoro’s swappable EV batteries enter China, scooter makers unveil compatible new models
Gogoro announced plans to expand its battery-swapping system into China earlier this year. Now the company is making good on those promises, and its partners are already rolling out new electric …
