The transfer effectively moves part of Li’s private trading operation into a public company where he is the largest shareholder.
Tagged By import
Hong Kong IPOs lure mainland China insurers seeking higher returns
Beijing’s emphasis on patient capital and market stability spurs mainland China’s insurers to channel funds into Hong Kong listings.
Hotpot, bubble tea and sportswear: China’s new exports take on the world
Chinese brands like Chagee, Molly Tea and Mixue are drawing crowds – not just in Asia, but increasingly in cities from Sydney to London and Los Angeles. Alongside fashion labels, toy stores and …
After Manycore’s IPO, Which Of Hangzhou’s ‘Six Little Dragons’ Could List Next?
Manycore’s IPO is a moment of truth for Hangzhou. Which of its other Six Little Dragons — DeepSeek, Unitree Robotics, DEEP Robotics, BrainCo, Game Science — could be next?
After Manycore’s IPO, Which Hangzhou Six Little Dragons Could List Next?
Which next “Six Little Dragons” DeepSeek, Unitree Robotics, DEEP Robotics, BrainCo, Game Science could be next?
Anthropic’s AI raises fears of $100M+ crypto hack by year-end
Anthropic’s release of Claude Mythos Preview has pushed traders to price the likelihood of another $100M+ crypto hack by December 31 at 100% YES. Market reaction. The Mythos Pre …
The new wave of Chinese EV brands heading for Britain
DRIVESMART: As he prepares to visit the China Auto motor show in Beijing, Steve Fowler looks at the explosion of new car brands like Zeekr, Denza and Xiaomi and what it could mean for the…
German premium brands endangered in China?
April 21 (Reuters) – I am in Great Wall Motor’s hometown ahead of the Beijing Auto Show this week. The show promises to be as packed as ever, with 181 model debuts and 71 concept…
China’s Spacety Raises $190M As Space IPO Frenzy Builds
Elon Musk’s SpaceX and other space ventures have already reached a feat that China has yet to replicate, namely, turning rockets, satellites and space-based services into a financial story big enough …
Crypto industry sees AI-driven agent economy as next growth driver
Experts gather in Hong Kong for Web3 Festival as firm predicts AI agents could facilitate up to US$5 trillion in global crypto sales by 2030.
China’s silver imports jump to record high. Is it time to buy silver?
China imported around 836 tons of silver in March, marking a record high driven by retail demand and the solar sector. This surge is significantly above the 10-year average of 306 tons, but high …
Tim Cook built Apple’s China era
He made China the backbone of Apple’s global business. Apple announced on Monday that John Ternus, its senior vice president of hardw …
China Shifts Policy on Fuel Exports, ‘Lower Supply, Higher Prices’ Remains the Mantra
China is reducing refined fuel exports rather than imposing a total ban, according to shipping data and traders.