SHANGHAI Futures Exchange (SHFE) has struck Nanchu Management Group off its list of qualified delivery warehouses, the exchange said on Friday (Jun 30). Read more at The Business Times. ( read original story ...)
Lavrov: Iran To Join Shanghai Alliance With China, Russia Next Week
Iran has intensified diplomacy with friends and foes alike in recent months, seeking to reduce its isolation, improve its economy ... ( read original story ...)
Samsung, Qualcomm and others skip MWC Shanghai 2023
More than 300 companies took part took part in MWC Shanghai 2023, but a few big names were conspicuously missing. Samsung, Qualcomm, and Ericsson all skipped the mobile communications industry event, ... ( read original story ...)
MWC Shanghai 2023: Huawei to launch 5.5G equipment
Chinese networking giant Huawei said it plans to launch a complete set of commercial 5.5G equipment in 2024 during the Mobile World Congress Shanghai 2023 tradeshow. Huawei said 5G deployment has ... ( read original story ...)
Chinese e-commerce giant Alibaba expands number of physical grocery stores ahead of the unit’s IPO
Alibaba’s grocery unit Freshippo expanded its number of physical stores in China, the company said on Friday, as the business prepares to spin off from its parent company and go public. Freshippo, ... ( read original story ...)
Asia’s Former Richest Man Struggles To Raise Cash Amid Mounting Debts
Wang has been trying to raise funds by listing Zhuhai Wanda Commercial Management, the group’s property management arm, but the prospects look increasingly dim. The unit refiled ... ( read original story ...)
Hong Kong slides into ninth place worldwide for IPOs after fundraising falls to 20-year low in first half of 2023
A total of 28 companies raised US$2.2 billion in the first half, Hong Kong's lowest funding total since 2003, Refinitiv data shows Second-quarter fundraising rose 55 per cent over the first quarter, ... ( read original story ...)