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Posted on 02/12/2021

Chinese biotech firm BeiGene seeks to raise $3.5b in STAR Market IPO

Chinese biotech firm BeiGene Ltd on Thursday kicked off its initial public offering (IPO) subscription exercise on the Nasdaq-style STAR Market of the Shanghai Stock Exchange (SSE), with a target to ... ( read original story ...)

Posted on 02/12/2021

China’s growing market for NFTs, metaverse could foster new money-laundering schemes, central bank official warns

That has prompted plans to establish a new regulatory framework for NFTs and the metaverse to operate in mainland China. ( read original story ...)

Posted on 02/12/2021

LightInTheBox Reports Third Quarter 2021 Financial Results

LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), a cross-border e-commerce platform that delivers products directly to consumers around the world, today announced its ... ( read original story ...)

Posted on 02/12/2021

Caixin China Biz Roundup: Shanghai Covid Outbreak Traced to Europe Flight

Latest flare-up sparks concerns over using same aircraft for both international and domestic routes; Beijing criticizes submarine deal between three Western nations; and China’s GDP growth to surpass ... ( read original story ...)

Posted on 02/12/2021

Chinese think tank report on Shanghai production inaccurate: Tesla

Tesla has called a report by Chinese think tank EV100 on its Shanghai plant production "inaccurate". The think tank had quoted Tesla's Tao Lin as saying that its Shanghai factory was on track to meet ... ( read original story ...)

Posted on 02/12/2021

Canada Goose explanation on refund policy ‘not satisfying’, says Shanghai regulator

Trading Co, Canada Goose-related company in China, on Thursday filed an explanation with the Shanghai Consumers Council over its controversial product refund policy in the Chinese mainland, a day ... ( read original story ...)

Posted on 02/12/2021

China suspends Lufthansa flights to Shenyang, Shanghai due to COVID-19 cases

China's aviation authority said on Thursday it would suspend Lufthansa LHAG.DE flights from Frankfurt to the cities of Shenyang and Shanghai due to COVID-19 cases. The carrier's two weekly flights to ... ( read original story ...)

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