E-commerce Co has hired Bank of America, Goldman Sachs and JPMorgan for a U.S. initial public offering of over $500 million, three people with direct knowledge told Reuters. The six-year-old company, … ( read original…
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China’s Tuya Is Poised to Raise $915 Million in U.S. IPO
Tuya Inc., a software company backed by New Enterprise Associates and Tencent Holdings Ltd., is on track to raise $915 million in a U.S. initial public offering priced above its marketed range, said a ……
China is building up its ability to weaponize trade, new report says
China is diversifying its supply of critical natural resources by buying stakes in overseas companies, said risk consultancy Verisk Maplecroft. ( read original story …)
Chinese wealth management services provider Hywin Holdings lowers ADS offering by 10% ahead of $42 million US IPO
The article Chinese wealth management services provider Hywin Holdings lowers ADS offering by 10% ahead of $42 million US IPO originally appeared on IPO investment manager Renaissance Capital’s web … ( read original story …)
China exports surged late last year as consumer recovery picked up steam in U.S., other nations
Asia’s share of global exports increased in the third and fourth quarters last year, due mainly to China, while the export share of North American nations didn’t recover, according to new research. A … (…
China Can’t Resist Iran’s Cheap Oil
China’s increasingly good energy relations with Iran are resulting in a jump in crude exports from Tehran to Beijing as the Chinese are looking to capitalize on discounted Iranian crude … ( read original story…
How the real cost of any US-China conflict will be felt for years in lost productivity
When geopolitical tensions spill over into violence, productivity plummets and wealth is destroyed. Nationalism and negative views of China are rising worldwide, and any shift from the status quo … ( read original story …)
These Western Brands Are Winning China’s Local Markets
These global brands have built outstanding localization strategies in China by tailoring content to their regional consumers. ( read original story …)
Hong Kong rises to fourth in global financial centre rankings on the back of strong IPO market, mainland stock links
Hong Kong rose two places in this year’s Global Financial Centres Index, but is yet to fully recover from the impact of the social unrest in 2019, study shows. ( read original story …)
U.S. Manufacturers Urge Biden to Deploy Tougher China Strategy
The leading U.S. manufacturers group urged President Joe Biden to “rapidly develop and publicly release” a new strategy that strengthens the American economy’s ability to compete with China. ( read original story …)
US manufacturers urge Joe Biden to deploy tougher China strategy
The leading US manufacturers group urged President Joe Biden to “rapidly develop and publicly release” a new strategy that strengthens the American economy’s ability to compete with China. Accusing … ( read original story …)
Koo app severs China links, Nazara IPO begins
In today’s ETtech Evening Briefing, Twitter rival Koo app severs China links; Nazara IPO gets subscribed 3.8 times on Day 1 of offering; and Startups can now tap profident fund (PF) money for funding. (…
Cold-chain food imports rebound in China
China’s imported cold-chain food industry, once a center of attention over repeated COVID-19 cases, is bouncing back after a surge of consumption during and after the Chinese Spring Festival. Salmon … ( read original story…