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Month: January 2023

Posted on 31/01/2023

China urged to ensure ‘predictable’ policies as regional economic engines unveil pro-investment measures to kick-start economy

Shanghai’s Pudong district launched a new plan to attract ... while the country’s fading demographic dividend, property crisis, debt problems and growing geopolitical tensions could also affect ... ( read original story ...)

Posted on 31/01/2023

EV maker Lotus Tech plans U.S. IPO via deal with SPAC L Catterton – sources

Lotus Technology will go public in the United States via a merger with special purpose acquisition company L Catterton Asia Acquisition Corp in a deal that will value the combined group at $5.4 ... ( read original story ...)

Posted on 31/01/2023

China LiDAR startup plans US listing

Shanghai-based LiDAR startup Hesai Technology is looking to raise an estimated US$150 million via a US IPO, according to industry sources. ( read original story ...)

Posted on 31/01/2023

China’s EV giant BYD in talks to acquire insurer Yi’an

Chinese electric vehicle (EV) giant BYD said on Tuesday it is working on a potential acquisition of Yi'an P&C Insurance Co, an insurer that was seized by Chinese regulators two years ago as part of a ... ( read original story ...)

Posted on 31/01/2023

Strong Volume Year Expected for Listed Derivatives

Global listed derivative volumes are expected to remain strong in 2023 after reaching a record last year, according to data tracked by Liquidnet. 2022 global listed derivatives volumes (excluding ... ( read original story ...)

Posted on 31/01/2023

China’s copper costs driven up by Maike’s woes, output glitches

China's copper buyers face higher costs for the metal this year, buyers and analysts said, after market disruptions from top importer Maike Group's financial woes and production glitches at domestic ... ( read original story ...)

Posted on 31/01/2023

Former Shanghai bookseller’s wife hit with ‘exit ban’

Chinese police have prevented a woman from returning to her home in Florida in an effort to compel her husband to return to China, she wrote in a letter he made public. The case appears to be the ... ( read original story ...)

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