On Thursday, Shanghai Mayor Gong Zheng visited local services giant Meituan, fintech giant Ant Group, and lifestyle-sharing platform Xiaohongshu. This is the latest sign that local governments are ... ( read original story ...)
Worst Year for Chinese Steel Mills Since 2016 Gives Way to Hope
China’s steel mills are gearing up for a brighter year as prices of the construction material recover on optimism that an economic rebound and measures to revive the property industry will boost ... ( read original story ...)
Five things to know about China’s latest IPO system overhaul
China is about to take a major step forward in the overhaul of the country's $12.7 trillion stock market with plans to roll out its registration-based IPO system to the country's two biggest boards in ... ( read original story ...)
China IPO Reform Is ‘Significant Milestone’, Goldman Sachs Says
China’s planned easing of rules for initial public offerings will allow more mid-sized companies to tap domestic investors with larger firms considering listing onshore instead of Hong Kong, Goldman ... ( read original story ...)
Expanding multinational companies build more regional headquarters in Shanghai
Among these headquarters of multinational enterprises are seven recognized at the level of Greater China and above, which are, the Asia Pacific headquarters of Shenshi Biomedical under Hong Kong's ... ( read original story ...)
Chinese lidar maker Hesai to raise up to $171 million in U.S. IPO
The Shanghai-based lidar maker will offer up to 9 million American ... Its investors include Xiaomi, Meituan, Bosch and Baidu. Hesai's IPO is the first major offering by a Chinese firm since the ... ( read original story ...)
Baby tiger drowns at zoo in Shanghai
A tiger cub recently drowned in a pond at Shanghai Zoo, the Global Times learned from the zoo on Thursday. The tragedy happened on January 9, when the zoo sent an adult female tiger and its four ... ( read original story ...)