Chinese grocer Dingdong, which mainly delivers to big cities, is setting its sights on getting a $6 billion valuation when it goes public in the U.S. ( read original story ...)
Chinese grocery platforms Missfresh, Dingdong scale down US IPO fundraising targets amid investor concerns about growth outlook
Missfresh and Dingdong Maicai plan to raise over US$300 million each from their US stock offerings, lower than their initial targets of around US$500 million. ( read original story ...)
‘Millionaire Yang’ Was China’s First Stock-Trading Hero
Yang Huaiding, who started trading bonds and stocks before China had real exchanges, died at the age of 70. ( read original story ...)
Finnair & Juneyao Partner On Helsinki – Shanghai Flights
Finnish national flag carrier and China’s Shanghai-based Juneyao Air have announced that they will partner on flights ... ( read original story ...)
XPeng stock jumps as Chinese Tesla rival reportedly gets approval for Hong Kong IPO
Xpeng’s American depositary receipts jumped more than 5% in U.S. premarket trading, following the reports on Wednesday. ( read original story ...)
NIO Stock Price and News: Shares drop off as ongoing tension causes China stocks to fall
Chinese companies saw red on Tuesday as the ongoing political tensions raised fear of regulatory concerns. Volkswagen reports sluggish demand for its EVs in China. NYSE:NIO shares seemed to drop off a ... ( read original story ...)
Shanghai leads way in China’s carbon transition
Many Chinese cities and provinces are working on plans to hit peak carbon before 2030. Shanghai, China’s most developed city, is set to lead the way. ( read original story ...)