Just months after bankers celebrated a record haul from taking Chinese companies public in New York and Hong Kong, deals are being shelved and investors are nursing heavy losses.
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Beijing’s Didi blast shakes $2tn of China stocks in US
U.S.-listed Chinese stocks, as measured by the Nasdaq Golden Dragon China Index, are trading at their biggest discount to general U.S. stocks since at least September 2016 — exceeding levels seen …
Sport sponsorship making sure China brands are finishing first
The strong recent presence of Chinese companies as sponsors of major international sporting events has galvanized spectators around the world, in a trend experts expect will accelerate as brands …
Economy Week Ahead: U.S. Consumers, Fed Testimony, China GDP
TUESDAY China’s exports, a key engine of the country’s economic growth, are expected to increase at a robust, albeit slower, pace in June. The deceleration is likely due to the Covid-19 resurgence in …
Business pushes for China travel bubble, student returns
Business chiefs in Asia warn a fortress mentality is undermining Australia’s interests in the region as they call for a China travel bubble and a plan to allow foreign students to return.
China opposes US move to add Chinese entities to export control list
BEIJING — China is firmly opposed to the United States adding 23 Chinese entities to its “entity list” of export controls, a spokesperson for the Ministry of Commerce (MOC) said Sunday. The move, in …
Crypto Price Alert: Bitcoin And Ethereum ‘In Danger’ After Shock China Dump Warning
After reports former bitcoin and ethereum miners in China have been dumping GPUs, analysts have warned crypto prices are “in …
What China’s “Lying-Flat” Trend Means For Luxury Brands
Thanks to China’s new lying flat movement, young consumers are choosing slower lifestyles. But can luxury brands connect with this trend?
Zomato IPO, China GDP and Tokyo’s new state of emergency
with a series of edicts knocking its share price well below the IPO level. However, it could get some lift as MSCI adds the company to its main global and China stock indexes, just after…
GLOBALink | Foreigners seek business opportunities in western China
The 27th China Lanzhou Investment and Trade Fair is going on in Lanzhou capital of northwest China Gansu Province attracting near …
Foreign business showcase robot and AI technology at WAIC to boost China’s carbon mission
The issue of carbon neutrality has become a hot topic during the 2021 World Artificial Intelligence Conference (WAIC), with global companies believing it will usher signal the beginnings of a huge …
Why China Is Crippling Its Tech Sector
Scuttled listings and share prices hammered by official threats: Beijing has launched a withering and very public assault on some of China’s biggest tech names. The travails of ride-hailing giant Didi …
China opposes U.S. move to add Chinese entities to export control list
China is firmly opposed to the United States adding 23 Chinese entities to its “entity list” of export controls, a spokesperson for the Ministry of Commerce (MOC) said Sunday. The move, in disregard …