Caixin Partners With Canadian Peer to Drive International E-Commerce

Collaboration with Shopify provides merchants in the U.S. and China with access to overseas markets, and support in sourcing, selling and logistics

Caixin Explains: What China’s Overhaul of Overseas IPO Rules Is All About

New regulatory framework aims to put all companies who qualify for a listing under the same rules, regardless of their corporate structure and where they sell their shares

China Detains Staff From Three Oil Refiners Probed for Tax Evasion

The firms, based in Northeast China’s Liaoning province, were found to have faked invoices and changed the names of their products and facilities, authorities say

Trending in China: Covid Tracking Records Reveal Struggles of Beijing Migrant Worker

The story of a man who labored nights so he could search for his missing son drew widespread sympathy and support online

Jan 20, 2022 08:47 PM

Graft Probe Into Former Hangzhou Party Chief Highlights Shady Business Connections

Documentary shows how ex-city boss misused his power to benefit his family as President Xi stresses the fight against graft is not over

Jan 20, 2022 08:28 PM

Blockchain Gaming Startup Raises $359 Million as Investors Go Gaga Over Metaverse

Hong Kong-based Animoca Brands receives $5.8 billion valuation from big names like Sequoia Capital China and Soros Fund Management

Jan 20, 2022 07:05 PM

Gallery: Harbin’s Giant Snowman Causes Stir Online

A giant snowman erected on the bank of Songhua River in Harbin, the capital of Northeast China’s Heilongjiang province, has drawn much attention online. Around 2,000 cubic meters of snow was used to create the 18.5-meter-tall figure dressed in a red hat and scarf. Since December, ice and snow sculptures featuring Winter Olympics and Lunar New Year elements have popped up across the city famed for its ice festivals, drawing many visitors

Jan 20, 2022 06:19 PM

Internet Watchdog Casts Doubt on Document Apparently Outlining Tough New Rules for Tech Investment

Document spread online said the planned new rules would require some companies to get approval for new investment

Jan 20, 2022 06:09 PM

Caixin China Biz Roundup: Behind China’s Record Low Birth Rate

Demographic trend could lead to major economic challenges; what led to Evergrande’s liquidity crisis; and Beijing sets price controls on Covid tests

Jan 20, 2022 05:51 PM

Huawei Investment Arm Registers as Private Fund Manager

The move highlights the telecommunications equipment giant’s ambition to expand its footprint in the advanced manufacturing investment sector

Jan 20, 2022 05:45 PM

China Stocks Climb as Banks Cut Borrowing Costs

Major indexes of Chinese mainland stocks jumped after the PBOC lowered policy loan rates and signaled more easing

Jan 20, 2022 05:16 PM

Yuan’s Popularity for Global Payments Hits Highest in Six Years

The Chinese currency notched the fourth spot for the first time since August 2015, behind the U.S. dollar, euro and pound

Jan 20, 2022 04:08 PM

China Aoyuan Won’t Pay Bonds, Signals Default Imminent

The developer, whose dollar bonds have sunk on debt worries, is the latest to succumb to the Chinese real estate industry’s liquidity crisis

Jan 20, 2022 04:06 PM

Temasek Unit-Backed SPAC Rises in Singapore Trading Debut

VTAC is targeting companies in the cybersecurity and AI businesses, as well as four other industries

Jan 20, 2022 04:03 PM

Caixin-Sinica Business Brief: Hong Kong’s ‘Hamster-Gate’

Plus, omicron reaches Beijing; China’s GDP grew 8.1% in 2021; and Evergrande’s automotive unit produces its first car

Jan 20, 2022 04:01 PM

Shanghai Composite Index Fell 0.09% on Thursday

Shenzhen Component Index closed down 0.06%

Jan 20, 2022 03:03 PM

CX Daily: What China’s Overhaul of Overseas IPO Rules Is All About

China’s central bank sends an easing signal. A SPAC backed by a China Merchants Bank subsidiary files for an IPO in Hong Kong

Jan 20, 2022 09:24 AM

ByteDance Scales Back Investment Arm as Deal Curbs Chill China Tech

Owner of TikTok dissolves internal venture capital and investing team while downsizing a strategic investment arm

Jan 20, 2022 06:23 AM
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