BEIJING, Sept. 6 (Xinhua) — China’s top four sportswear brands – Anta, Li-Ning, Xtep, and 361 – all reported revenue growth in the first half of 2024, with their combined revenues surpassing the …
Tagged By ipo
Jean Paul Gaultier owner Puig reports 26% drop in profit on weak China demand
By Corina Pons MADRID (Reuters) -Luxury beauty and fashion company Puig reported a steep drop in its first reported earnings as a listed company on Friday, citing weaker demand from Asia and costs …
China’s former top regulator calls for easing of IPO curbs to support market growth
“China’s financial system has a structural problem as companies … The remarks came as the mainland’s stock exchanges witnessed an 86 per cent plunge in initial public offering (IPO) proceeds between …
Decoding Economics: Will China’s ‘overcapacity’ lead to a flood of exports, hurting other countries?
There’s a raging debate taking place on whether overcapacity in certain industries in China will lead to a gush of low-cost exports from that country, swamping businesses in other countries. The worry is that with…
China to axe drug, device import tariffs in Hainan pilot zone to aid medical tourism
China will eliminate tariffs on imported drugs and medical devices in a pilot zone on its southern island province of Hainan, aiming to further stimulate domestic and international medical tourism.
Jean Paul Gaultier Owner Puig Shares Drop After Warning on China Challenges
Puig Brands’ first set of results as a public company sent shares to the lowest level since its listing in May, after the beauty group forecast further challenging conditions in China.
Reaction to China creating $230 billion brokerage powerhouse
Shanghai-based Guotai Junan Securities is set to acquire its cross-town rival Haitong Securities via a share swap, creating a state-backed sector leader with $230 billion in assets as Beijing tries to …
China’s Premier Signals Country Is Open to African Business
Premier Li Qiang signaled that China will open up more to businesses in Africa, comments likely aimed at fending off worries about a record trade surplus with the continent.Most Read from …
X is banned in Brazil and China, but Elon Musk is only in a spat with one. The secret? Tesla.
Elon Musk has been critical of Brazil’s decision to ban X on free speech grounds, but has long remained silent on China’s decision to do the same.
China-based startup initiates IPO process as Chinese AI chip market grows
Shanghai Enflame Technology, a Chinese AI chip company backed by Tencent, has recently filed its intention to IPO with the Shanghai Bureau of the China Securities Regulatory Commission.
Metaverse expected to rapidly grow within China
China’s metaverse-related industry is expected to grow fast in the next three years, thanks to continuing maturity and the application of key technologies including 5G, artificial intelligence, …
Is China Running Out Of Options In The Trade War?
The U.S.-China trade war has been going on for six years. After several rounds of tariffs and other countries getting roped in, the limits of retaliation are showing. And while trade wars are always costly,…
U.S. rolls out new chip-related export controls as China makes industry advances
The restrictions cover critical technologies, including quantum computing and semiconductor goods, and is aimed at China and other competitors.
