China’s largest e-commerce company Alibaba Group Holding on Thursday reported its first quarterly operating loss since it went public in 2014, after Beijing slapped a record $2.8 billion fine on the c …
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Alibaba Posts Revenue Surge, Books $2.78 Billion China Antitrust Fine
Alibaba booked a $2.872 billion fine paid to China’s State Administration for Market Regulation for anti-monopoly practices, tipping the tech giant into a net loss for the fourth quarter.
50 Most Valuable Brands in the World
Bank of China is one of the 25 most valuable brands in the world, worth $48.7 billion in 2021. The bank was worth over $50 billion the year before, but like every other large bank,…
China’s spicy snack maker Weilong files for Hong Kong IPO
China’s snack maker Weilong Delicious Global Holdings has filed for a Hong Kong initial public offering (IPO), according to a stock exchange filing.
China export delay halts Sinovac Covid-19 vaccine production in Brazil
Sao Paulo governor blames ‘diplomatic ill will’ as raw materials shipment is held up by Chinese authorities Beijing-based Sinovac Biotech sends the vaccine’s active ingredient to Brazil for the …
China’s Medical Data Startup LinkDoc Eyes $500 Million IPO
Chinese medical data startup LinkDoc Technology is reportedly planning to raise $500 million in an initial public offering.
Crypto’s prime time prompts watchdog’s glare
American comedy shows are not the only ones having a hard time defining what crypto assets are. Dogecoin is perhaps their most bizarre manifestation: starting as a gimmick, its value has surged more …
Tesla’s April Sales From China Were Mostly Exports
The electric-vehicle maker exported most of the cars produced at its Shanghai factory in April, raising questions about the strength of demand for its vehicles in China.
China to continue with policies that help lessen business burden, keep jobs stable and expand employment, and further support flexible work
China will extend certain pro-job policies that help lessen business burden till the end of this year, and will further support flexible employment, the State Council’s Executive Meeting chaired by …
What China’s Beauty Regulation Change Means for Foreign Brands
Securing regulatory approval could be a game-changing milestone for foreign brands previously deterred by animal-testing requirements. But trade barriers remain.
China Threatens to Export Inflation
Hello. Today we look at whether Chinese factories are set to fan global inflation, Republican concerns over rising prices in the U.S. and the demographics of patent-applications.
Alibaba Health-Backed LinkDoc Plans $500 Million IPO
LinkDoc Technology, a Beijing-based medical data company, is planning an initial public offering that could raise about $500 million as soon as this year, people with knowledge of the matter said.
Tencent-Backed Miaoshou Weighs $500 Million Hong Kong IPO
Beijing Yuanxin Technology Co., which runs pharmaceutical e-commerce platform Miaoshou Doctor, is weighing a Hong Kong initial public offering that could raise at least $500 million, according to …
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