China’s Ant Group is working on measures to help staff with “short-term liquidity problems”, its executive chairman said in internal messages, after the halting of the fintech giant’s $37 billion IPO … ( read original…
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Why China’s Huge Theatrical Recovery Doesn’t Mean Big Business in Berlin
China’s theatrical market soared over Chinese New Year, with two blockbusters earning more than $650 million, but the country’s importers of indie films are facing myriad challeng … ( read original story …)
China created 200 billionaires in 2020 as economy grew despite Covid pandemic
Zhong Shanshan (pictured), the CEO of bottled water giant Nongfu, entered China’s rich-list in top spot last year with a wealth of $85billion, as the country created 259 billionaires in a single year. ( read…
Jack Ma loses title as China’s richest man after coming under Beijing’s scrutiny
Chinese regulators also began to tighten their grip on the fintech sector and have asked Ant to fold some of its businesses into a financial holding company to be regulated like traditional financial … (…
The Story of Dezan Shira & Associates on Starter Story: How to Start a Business in China
Ellis, the Founding Partner of Dezan Shira & Associates, talks about doing business in China, expanding into emerging markets, and navigating crises periods. ( read original story …)
China’s Tech Revolution Aims to Cut Dependence on West
For U.S. politicians, China’s potential to dominate sensitive cutting-edge technologies poses one of the biggest geopolitical threats of the next few decades. President Xi Jinping is similarly worried … ( read original story …)
China Gives Fintech Firms Up to Two Years to Meet Capital Rules
China’s top financial regulator said all fintech platforms that offer banking services must comply with the same capital requirements as those imposed on traditional lenders to curb risks. ( read original story …)
Heranba Industries IPO share allotment status: Here’s how to check it
The Rs 625 crore issue was subscribed 83.29 times, with the quota for qualified institutional investors seeing bids for 67.45 times the quota limit and the retail quota 11.84 times the limit. The HNI ……
How to Sell in China
Without in-depth marketing research and analysis, it’s risky to invest and enter this everyday-changing market, with a few different generations of consumers. Even though the deep understanding of the … ( read original story …)
Sales of China’s iconic sedan brand Hongqi spike in Jan.-Feb.
Hongqi, meaning “red flag,” is China’s iconic sedan brand. Established in 1958, the brand has been used as the vehicle for parades during national celebrations. It registered a ne … ( read original story …)
As Economy Rebounds, China Parliament to Address Long-Term Pitfalls
China may also set electoral reforms in Hong Kong, where Beijing has been tightening its grip since imposing national security legislation last year after months of unrest in 2019 … ( read original story …)
China’s TiMi Studios joins the UN’s Playing for the Planet Alliance
Mobile and Arena of Valor, has joined the United Nation’s initiative to battle climate change, Playing for the Planet. The UN initiative is a collective effort by the game industry to decarbonize and … (…
The Beautiful Game Has Turned Ugly In China
Today, with a new season about to start, it is out of business: Pressure on embattled retailer Suning Appliance Group Co. forced the conglomerate to reconsider its investment in the team. ( read original story …)
