Jun 29, 2021 06:18 AM- BeiGene Cleared for $31 Billion STAR Market IPO
- Eleven-year-old cancer-focused Chinese biotech turned its first profit this year after three of its drugs made China’s National Reimbursement Drug List
Jun 28, 2021 20:30 PM- China’s Chip Investment Moves Ahead Full Throttle
- New report says 164 Chinese semiconductor companies raised $6.2 billion in the first five months of 2021, already meeting 2019’s full-year total
Jun 28, 2021 19:49 PM- High Hopes for Newly Opened Chengdu Airport
- With an annual capacity of 60 million passenger trips, the southwestern Chinese city’s second major airport is expected to serve as a national transportation hub
Jun 28, 2021 19:45 PM- China Signals Electricity Price Hike for Households
- NDRC acknowledges that the longstanding practice of business users subsidizing residential customers should end, though it didn’t say when
Jun 28, 2021 19:03 PM- Investors Spoil Upstart E-Grocer Missfresh’s Trading Debut
- Shares of China’s No. 2 online grocer fell 26% on their first trading day in New York
Jun 26, 2021 19:11 PM- Tesla to Recall Over 285,000 Cars in China on Autopilot Issues
- Market regulator says autopilot systems are too easily activated during a drive and could potentially lead to car crashes
Jun 26, 2021 14:08 PM- South Korea’s Posco Builds Chinese Auto Steel Venture With HBIS
- Rivals invest $600 million to supply galvanized sheets as China’s car industry expands
Jun 25, 2021 20:16 PM- SAIC Revs Up Plan to Spin Off Peripheral Noncore Units
- China’s leading automaker will begin with its hydrogen vehicle technology company, which will be listed separately
Jun 25, 2021 20:11 PM- Chinese Eye Care Specialist Sees Big Demand for Corrective Treatments as It Files for IPO
- Chaoju Eye Care aims to raise up to $233 million in a Hong Kong listing as aging population and overuse of smartphones fuel surge in ocular diseases
Jun 25, 2021 19:53 PM- Chinese Film Industry Sees Short Videos as a Threat
- The success of movies increasingly depends on online streaming, which is facing challenges from platforms offering short-form entertainment, industry executives say
Jun 25, 2021 19:49 PM- Analysis: September Looms as ‘D-Day’ for Bustling Field of Online Educators
- Companies have lived in state of limbo since Beijing began unleashing a flood of new oversight two years ago
Jun 25, 2021 05:40 AM- China Evergrande Group to Pay $1.75 Billion on Time
- Debt-ridden property developer set to pay off $1.45 billion of dollar bonds coming due Monday as well as interest on offshore debt
Jun 24, 2021 21:49 PM- Shared Bike Operator Hello Inc. Waves Goodbye to New York IPO — For Now, Source Says
- News of the postponed listing comes one day after the 11th hour withdrawal of a similar-sized offering by dating app operator Soulgate
Jun 24, 2021 19:28 PM- Huawei Vows to Keep Fighting After Swedish Court Upholds 5G Ban
- China telecom giant says no evidence has been presented to prove ‘back door’ security claims and it will seek further legal action
Jun 23, 2021 20:40 PM- Suning Seeks to Buy Stake From State-Backed Fund Despite Drowning in Debt
- Surprise bid for shares in Yunwang Wandian owned by Shenzhen Capital seen as asset grab to boost logistics and cloud services for its retail operations
Jun 23, 2021 20:03 PM- China Approves Its First CAR-T Cell Therapy
- Joint venture between Fosun Pharma and a unit of U.S. drug giant Gilead gets the go-ahead to market the therapy as a last-ditch treatment for specific types of blood cancer
Jun 23, 2021 19:38 PM- Safety Concerns Spark Plans to Bar Used Electric-Vehicle Batteries From Power Storage
- Proposal would prohibit ‘in principle’ the use of discarded EV cells in such projects on a ‘large scale’
Jun 23, 2021 18:40 PM- China to Release Metals From Strategic Reserves for First Time in More Than a Decade
- Government announces plans to sell copper, aluminum and zinc as post-pandemic recovery pushes prices to levels not seen for years
Jun 22, 2021 20:51 PM- Exploring Paths to Carbon Neutrality, China Expands Emissions Trading Trials
- The pilot programs aim to further promote green energy and ensure that products and supply chains are ready to comply with potential future emissions limits
Jun 22, 2021 19:54 PM- Debt-Ridden Evergrande Plans to Sell Stake in Property Unit for Estimated $400 Million
- A subsidiary of the Chinese real estate giant will offload the 29.9% holding to a private equity firm
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