Taiwan’s exports rose to a new record high in August, as the AI boom continues to fuel demand for chip equipment. Read more.
Tagged By ipo
Oil drops to more than 2-year lows as China demand worries outweigh storm’s threat to supplies
Oil futures settled Tuesday at their lowest levels in more than two years, with concerns about demand from China back in focus after another round of lackluster economic data.
Aochuang Holdings Targets Ultra-Expensive IPO Valuation On Declining Revenue
Aochuang’s financials show negative free cash flow, increasing cash used in operations, and a high valuation multiple vs. industry norms. Learn more on ANE stock here.
NXP VP suggests China concerns might be overblown, no ‘boogeyman’
NXP Semiconductors vice president of investor relations Jeff Palmer downplayed geopolitical and competitive concerns in China. Read more here.
An Ugly Picture Emerges for Cosmetics Makers in China
The share price performances of global cosmetics companies in the past couple of years are anything but pretty. Estée Lauder, which owns brands such as Clinique and La Mer, has l …
China’s Exports Jump to Two-Year High in Rare Boost for Economy
Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisWorld’s Second Tallest Tower Spurs Debate About Who Needs ItChicago Halts Hiring as Deficit Tops $1 Billion Through 2025UC Berkeley Gives Transfer Students a…
Ctrl-Alt-Yield: Startup IPOs make a scorching comeback. But there’s a catch
Ten new age companies have made their stock market debuts in 2024 so far, including Go Digit, Awfis and Ola Electric. Their shares have maintained momentum post listing as well. But investors must …
American fast-food giants are going big on a China wager, betting they can get the country’s new middle class to love them back
“Sales are declining in Tier One and Tier Two cities because the market is too saturated,” Shaun Rein, founder of consultancy China Market Research Group, told Business Insider. “But there’s huge growth potential in the…
Indian foreign minister Jaishankar says “not closed to business from China”
India is not “closed to business from China”, but the issue is in which sectors the country does business with Beijing and on what terms, foreign minister Subrahmanyam Jaishankar said in Berlin on …
XCHG prices $20.7M U.S. IPO
XCHG Limited (NASDAQ:XCH) has priced an initial public offering of about 3.33M American Depositary Shares (ADSs) to raise US$20.7M. Each ADS represents 40 Class A ordinary shares, par value $0.00001 …
Bitcoin miners got kicked out of China. Now they’re sucking America dry.
Chinese-owned bitcoin mines are popping up in rural towns across the US. And they require massive amounts of American energy.
China’s Huawei Shows the World Its $2,800 ‘Trifold’ Phone
The Huawei phone, called the Mate 60 Pro, was heralded in China as the triumph of a national champion over American constraints. It sold out within minutes on Chinese e-commerce platforms. Many …
China’s exports up solidly but slowing imports dim trade outlook
China’s exports grew at their fastest pace in nearly 1-1/2 years in August, suggesting manufacturers are rushing out orders ahead of tariffs expected from a growing number of trade partners, while …
