Yum China Holdings Inc. (YUMC) on Wednesday reported profit of $104 million in its third quarter. On a per-share basis, the Shanghai-based company said it had profit of 24 cents. Earnings, adjusted ... ( read original story ...)
Zhenghai Group and ROHM Agree to Establish a Joint Venture in the SiC Power Module Business
Signing of the joint venture agreement on October 1, 2021 Bi Bohai, Chairman of Zhenghai Group Co., Ltd. (right) and Wang Qingkai, Executive Director of Shanghai Zhenghai Technology Co., Ltd. (left) ... ( read original story ...)
Chinese MRO platform Ruigu raises $250m in Series D round led by Primavera
Ruigu sources industrial supplies from manufacturers and then sells the products to over 150,000 SMEs via its platform. ( read original story ...)
Why China’s property tax plan is a key pillar in its ‘common prosperity’ drive
China's plan to introduce property taxes for unspecified regions over the next five years has ignited debate across the country, with some saying it could decimate local government revenue and shift ... ( read original story ...)
GSK brings Johns Hopkins prof and Blade co-founder on board; Evotec sets terms for $575M+ US IPO
GlaxoSmithKline CEO Emma Walmsley is adding another scientist to the company’s board. Early Wednesday — alongside their Q3 update — Walmsley put out word that Harry “Hal” Dietz, a professor of ... ( read original story ...)
Imaging Endpoints Establishes Operations in Shanghai
Imaging Endpoints announced today that it has established a new office in Shanghai, China. Imaging Endpoints has strategically opened offices around the world to provide its real-time services as ... ( read original story ...)
New campus of NYU Shanghai to complete construction next spring
SHANGHAI -- The new campus of Shanghai New York University (NYU Shanghai), the first Sino-US higher education institute in China, is currently undergoing interior construction after the completion of ... ( read original story ...)