Jun 10, 2021 05:54 AM- Eastern Air Logistics’ Shares Surge 44% in Shanghai Debut
- Air freight unit of China Eastern Airlines raises $375 million after mixed-ownership restructuring significantly improves profits
Jun 10, 2021 05:41 AM- Chinese mRNA Vaccine Developer Raises a Record $200 Million
- Fundraising by Stemirna Therapeutics shows that venture capital is continuing to bet on the novel technology to fight Covid-19 and future viral threats
Jun 09, 2021 21:17 PM- Shandong Airlines Seeks Emergency Loan as Pandemic Losses Bite
- Carrier applies for more than $400 million in second financial lifeline as it struggles under growing red ink and crippling debt
Jun 09, 2021 20:01 PM- Grocery Apps Seek More Cash to Get Leg Up on Increasingly Cutthroat Competition
- Backed by heavyweight investors, Dingdong Maicai and Missfresh file for U.S. listings
Jun 09, 2021 19:56 PM- Medical Platform Dingdang Raises $220 Million in Funding Round
- Company allows users to purchase medicines and personal care items online and have them shipped to their homes
Jun 09, 2021 19:41 PM- Explosion Rocks Key Chinese Supplier of Global Solar Sector
- Despite photos of a major smoke plume, Hoshine Silicon says the blast had ‘no significant impact’ on its operations in China’s far western Xinjiang region
Jun 08, 2021 20:37 PM- Trailing Rivals, Tencent Short-Video App Pivots to Movies and TV
- Weishi will transition to offering clips from longer-form content and build a system to redistribute the work of other creators, the tech giant’s vice president says
Jun 08, 2021 20:25 PM- China Mulls Tax Rebates for Domestic Goods Entering Hainan Free Trade Port
- New draft law mentions rebates for domestic goods entering the island as duty-free sales surge
Jun 08, 2021 19:21 PM- State-Owned Power Giant China Energy Triples Down on Renewables
- Company plans to install 15 gigawatts of new solar and wind power this year, three times the amount from 2020
Jun 08, 2021 19:16 PM- Telecoms, Cyber Regulators Urge More Government Support for Blockchain Development
- New document from pair of government agencies is part of Beijing’s drive to promote cutting-edge technologies
Jun 08, 2021 05:19 AM- Yili Spinoff Youran Dairy Seeks $799 Million in Hong Kong IPO
- Inner Mongolia dairy giant would use the proceeds to expand the herd, facilities and pastureland in competition with Mengniu’s China Modern Dairy
Jun 08, 2021 04:14 AM- Alibaba-Backed Zuoyebang Slashes Tutoring Sales Staff
- After-school training company is part of an industry facing new protection-of-minors legal restrictions and heightened government pressure over illegal activities
Jun 07, 2021 20:14 PM- Premium Tea-Maker Nayuki Bubbles Up Toward Hong Kong Listing
- Four months after it first filed for an IPO, the operator of high-end tea shops has passed a listing review by the city’s stock exchange
Jun 07, 2021 20:14 PM- Huawei Makes HarmonyOS Open Source to Boost It as Android Alternative
- Open-source strategy for HarmonyOS — launched in 2019 as a countermeasure to U.S. sanctions — aims to woo competing domestic software and hardware makers who had feared relying on a system entirely controlled by Huawei
Jun 07, 2021 18:53 PM- U.K. Consumer Brand Reckitt Benckiser Sells China Infant Formula Unit
- Reckitt CEO says move aimed at boosting margin and growth profile for nutrition business in China, a key market for its household goods brands like Dettol and Finish
Jun 04, 2021 20:20 PM- In Depth: Continuing Trump Policy, Biden Expands Chinese Military Blacklist
- Lengthening list to 59 firms is latest signal that the U.S. president intends to maintain the Trump administration’s harder stance toward Beijing
Jun 04, 2021 20:06 PM- Sinopharm’s Conventional Vaccine Tech Is No Slouch, Executive Says
- Chairman of vaccine-maker’s Beijing unit rebuts criticism that inactivated Covid-19 vaccines are technologically backward
Jun 04, 2021 19:28 PM- Meituan Chief Wang Xing Joins China’s Growing Ranks of Philanthropists
- Company founder transfers $2.2 billion into a charitable trust that will focus on education and scientific research
- Jun 04, 2021 05:10 AM
- China Calls 8 More Sharing-Economy Companies on the Carpet
- Top market regulator issues warnings and orders rectification of pricing practices in rentals of bicycles and portable cell phone charging devices
Jun 03, 2021 21:31 PM- In Depth: The $15 Billion Chinese Fast Fashion App You’ve Never Heard Of (Part 2)
- Shein’s opaque ownership and media-shy approach means it’s hard to know who is calling the shots, let alone whether or not its vast supply chains are ethical
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