Jan 11, 2021 20:17 PM- Fuyao Glass Issues $500 Million in New Shares in Move to Get into Solar
- Expansion follows successive years of declining auto sales in China, which cut Fuyao’s profits at home as the Sino-U.S. trade war hurt its business overseas
Jan 11, 2021 19:23 PM- Pinduoduo Reports Second Worker Death as Overwork Debate Rages On
- Worker jumped to his death from his family’s home in Central China on Saturday, one day after requesting leave and just months after joining the e-commerce company
Jan 11, 2021 15:38 PM- Top Chinese Chipmaker SMIC Gets Reprieve from New York Delisting
- Company says its shares, which were suspended last week under a Trump executive order, are being allowed to resume trade through Feb. 1
Jan 11, 2021 07:02 AM- In Depth: China Applies Closer Scrutiny to Sprawling Tech Acquisitions
- As part of a crackdown on anti-competitive practices by tech giants, authorities review and issue penalties for past M&A deals that weren’t approved
Jan 11, 2021 06:45 AM- Cover Story: Why China Faces Handicaps in Antitrust War With Tech Titans
- Even as authorities move to reign in Alibaba, Tencent and JD.com, they lack manpower and resources to take on industry with deep pockets
Jan 09, 2021 18:56 PM- China Announces Rules to Block ‘Unjustified’ Application of Foreign Laws
- Commerce ministry says move aims to protect “normal trade” and other activities
Jan 09, 2021 18:45 PM- Major Chinese Supplier to Apple Raises $2.3 Billion to Boost Production
- Lens Technology’s private placement comes ahead of a big year for global smartphone-makers, which are expected to churn out 9% more units than they did last year
Jan 09, 2021 18:36 PM- Bosch-Backed Chinese Sensor-Maker Eyes $300 Million Shanghai IPO
- Hesai Technology plans to ramp up production of laser sensors used in autonomous vehicles
Jan 08, 2021 20:07 PM- Shenzhen Office Rent Drops for Ninth Straight Quarter
- Cost of office space in the South China tech hub falls 1.6% quarter-on-quarter in the last three months of 2020
Jan 08, 2021 19:41 PM- Impossible Foods Aims to Take Bigger Bite Out of China’s Meat Market
- Plant-based burger producer to slash prices in Hong Kong and Macao as it awaits regulatory approval to move into the Chinese mainland
Jan 08, 2021 19:08 PM- Toyota Sees Growth in China as Other Carmakers Falter
- Japanese automaker’s vehicle sales grew 11% in 2020 despite an expected 1.9% contraction in the overall market
Jan 08, 2021 17:00 PM- With Prices High, Pork Players Fatten Up Supply Before Holiday
- As the impact of the African swine fever catastrophe lingers, companies look to meet the seasonal spike in demand that comes with the Lunar New Year
Jan 08, 2021 06:05 AM- China’s Silicon Valley Offers Tax Breaks for Venture Capitalists
- Beijing finance bureau aims to bolster technological capabilities by dangling incentives for startup investors to wait 3-5 years before cashing out
Jan 07, 2021 21:04 PM- China’s Top Chipmaker Stops Trading Shares in U.S. After Blacklisting
- SMIC no longer welcome on over-the-counter market after order banning investment in firms allegedly linked to Chinese military
Jan 07, 2021 21:04 PM- Group of Luckin Coffee Executives Demands CEO’s Termination
- In a letter to the company’s board, the managers accused Guo Jinyi of cronyism, abuse of power and abysmal decision-making
Jan 07, 2021 20:44 PM- In Depth: Online Learning Specialists Burning Cash as Fast as They Can Raise It
- Investors are betting big on the sector in the wake of Covid-19, but huge marketing costs mean that losses are growing
Jan 07, 2021 19:58 PM- Baowu Fast Tracks Plans for Acquisition to Dominate Stainless Steel Sector
- Steel giant aims to boost Taiyuan Iron and Steel’s annual capacity by 62% over five years through consolidations
Jan 07, 2021 19:40 PM- China’s Seaborne Coal Imports Fell 15% in 2020
- Shipments from Indonesia and Australia both plummeted, but Russia-sourced supplies saw a notable increase
Jan 07, 2021 06:03 AM- Huawei Spinoff Honor Works With Qualcomm on 5G Devices
- Honor plans to launch new line of 5G phones in May or June under new collaboration after spinoff from Huawei
Jan 06, 2021 20:27 PM- Minuscule Demand Isn’t Stopping Money-Losing Flexible-Screen Firm From Eyeing Shanghai IPO
- Royole is hoping investors buy into its story that there will be a big market for its products, eventually
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