Jul 09, 2020 05:54 AM- Chinese Gay Dating App Operator BlueCity Surges on Nasdaq Debut
- Stock of LGBTQ community Blued’s owner skyrockets as much as 124% and pushes market cap to near $880 million
Jul 09, 2020 04:04 AM- Tencent President Cashes In $131 Million of Shares as Price Surges
- Martin Lau Chi-ping taps into stock’s 45% jump this year amid great expectations for gaming as stock connect programs lure mainland investors
Jul 08, 2020 19:41 PM- Market Reforms Power Meteoric Trading Debut for Medical Robot Specialist
- Shares of Tinavi Medical rose sevenfold in its IPO on Shanghai’s STAR Market under a reform program that eliminates limits on first-day gains
Jul 08, 2020 05:38 AM- Haidilao Expected to Report $143 Million 1st Half Net Loss
- Chinese hotpot chain’s revenue fell 20% amid pandemic shutdowns across China as effort to compensate by jacking up prices fizzled amid online boycott
Jul 08, 2020 03:22 AM- U.S. Considers Banning TikTok and Other Chinese Social Media, Pompeo Says
- Secretary of state makes comment in Fox News interview amid rising Sino-U.S. tensions and widening scrutiny of ByteDance’s popular short-video platform
Jul 07, 2020 18:52 PM- Zoom Investment Grew From Li Ka-shing’s Disgust at Pricey Video Gear, Says His Tech-Savvy Companion
- Solina Chau tells Caixin she was attracted to the soaring video-meeting services provider by the ‘1% factor’ that makes every company’s DNA unique
- Jul 07, 2020 17:51 PM
- Hanergy Unit Could Be Pushed Into Bankruptcy
- A Beijing judge is reviewing whether to force the hand of Hanergy Mobile Energy on request from a third-party who may be one of the former solar energy highflyer’s creditors
Jul 07, 2020 15:46 PM- Sinovac to Test Covid-19 Vaccine on 9,000 Health Care Workers in Brazil
- Early trials in China have shown no ‘serious’ adverse responses, with nine in 10 of those inoculated producing virus-fighting antibodies
Jul 07, 2020 04:04 AM- Sina Considers CEO’s Buyout Bid Valuing Company at $2.7 Billion
- Controlling shareholder Charles Chao, also chairman of Weibo unit, proposes 11.8% premium on pre-bid price as going-private movement gains momentum among U.S.-listed Chinese stocks
Jul 06, 2020 18:57 PM- SMIC Doubles Size of Shanghai Listing to $7.5 Billion
- Chipmaker’s IPO is poised to be biggest Chinese mainland share sale in a decade
Jul 06, 2020 17:28 PM- Leading Sichuan Coal Miner Pulled Into Bankruptcy
- Sichuan Coal Industry Group Ltd. reported losses in six of the last eight years as it suffers from higher costs than its peers in an oversupplied sector
Jul 04, 2020 19:02 PM- Appliance-Maker Admits to Error That Cost It Multi-Million Dollar Contract
- Gree Electric says it mistakenly submitted materials for a different project in its bid to supply China Mobile with water-cooling gear earlier this year
Jul 03, 2020 19:58 PM- China Is About to Run Out of Places to Store Crude Oil
- China has used up 69% of its storage capacity, on the brink of the threshold that experts view as the country’s limit
Jul 03, 2020 19:40 PM- After Surviving Ouster Attempt, Chairman of Luckin Looks to Cleanse Board
- Lu Zhengyao narrowly missed being booted from the company he founded, but may leave under his own terms at a shareholder meeting set for Sunday
Jul 03, 2020 18:42 PM- Intel Resumes Chip Supplies to Leading Chinese Server-Maker
- Two-day pause comes a week after Inspur was among 20 Chinese companies included on a U.S. Defense Department list
Jul 03, 2020 03:58 AM- Fugitive Leshi Founder Offers Compensation to Stockholders
- After completing U.S. bankruptcy case, Jia Yueting makes promise to investors who lost as much as $24 billion, but it may not hold up in Chinese courts
Jul 03, 2020 03:49 AM- Luckin Coffee Founder to Sell Stake in Car Rental Unit to SAIC
- Surprise $254 million deal beating out BAIC would provide an exit for embattled Lu Zhenyao amid Luckin’s financial reporting fraud scandal
Jul 02, 2020 19:59 PM- TikTok Owner Predicts Over $6 Billion in Losses From India Apps Ban, Sources Say
- ByteDance expects veto over national security claims to cost it more than all the other companies affected
Jul 02, 2020 19:39 PM- In Depth: How Beijing’s Second Covid-19 Wave Knocked Its Business Recovery Off Course
- Plummeting revenue, high fixed costs and weak financial support have pushed many small companies to the brink of bankruptcy
Jul 02, 2020 19:28 PM- Regional Chinese Jet Set for Takeoff With First Deliveries to Big Three Domestic Airlines
- Comac delivers the first three of its 90-seat ARJ21 commercial aircraft to country’s three big state-run airlines
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