initial public offering (IPO) on the mainboard of Hong Kong Stock Exchange. Based in Guangdong, Dongguan Rural Commercial Bank is the fifth largest rural commercial bank in China in terms of total …
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The smartphone brand that Huawei sold off is regaining market share in China
Huawei spun off Honor to ensure the brand’s survival after U.S. sanctions on the Chinese tech giant cut off key chip supplies and crippled its smartphone business.
As China clamps down on crypto, Japan blind to personal transfers
With global scrutiny growing over criminal use of cryptocurrency, personal transactions bypassing formal exchanges have emerged as a major weak spot in Japan. Overseas, authorities have begun cracking …
China’s Epic Journey from Poverty to Prosperity
The development of a great socialist culture has reshaped China’s national psyche. Chinese people now have richer cultural activities and greater inner strength, and they have changed their outlook in …
Ministers near deal to oust China’s CGN from £20bn nuclear plant by selling stake
Ministers are closing in on a deal that could oust China’s CGN from a new £20bn nuclear power station on the UK’s east cost, by selling its minority stake to institutional investors or floating it…
This is why China finally halted its bitcoin boom
Every time Beijing announces a crackdown on their industry, the running joke among the crypterati is that China has already banned cryptocurrency 18 times. Chinese government agencies have issued a …
DRC Bank shares tumble after $1.2bn Hong Kong IPO
Dongguan Rural Commercial Bank fell as much as 17.8% in its market debut in Hong Kong on Wednesday amid waning investor interest in Chinese lenders exposed to the nation’s embattled property …
Blacklisted China AI Firm Says Just One Unit Subject to Sanction
SenseTime Group Inc., China’s largest artificial intelligence company, said in its filing for an initial public offering in Hong Kong that just one of its subsidiaries is subject to U.S. sanctions, a …
China Money Network Unveils Corporate Brand Upgrade As FutureLogic
FutureLogic will fold numerous business units under its umbrella including China Money Network, Caishen.co, China Money Podcast and more HONG KONG, Sept. 29, 2021 /PRNewswire/ — China Money Network …
Argentina to restart beef exports to China after caps lifted
Argentina on Tuesday said it would once again allow cattle farmers to freely export beef to China, lifting a cap imposed earlier this year that had stoked tensions with the agricultural sector. BUENOS …
China power crisis hammers SMEs as firms upend production, workers ‘dozing off’
Small and medium-sized enterprises in China were already under pressure from high raw material costs and coronavirus lockdowns, and are now reeling from the nationwide power crisis.
China’s industrial profits sustain stable growth in first eight months
Profits of China’s major industrial firms maintained steady growth momentum in the first eight months of the year as industrial production continued to firm up and business operations kept improving, …
EXCLUSIVE U.S. has reached out to China about cutting oil imports from Iran, officials say
The United States has reached out to China diplomatically about reducing its purchases of Iranian crude oil, U.S. and European officials said on Tuesday, as Washington seeks to persuade Tehran to …
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