China as the world’s largest asset manager pushes into the country’s vast financial market. A joint venture in which BlackRock holds 50.1% received approval from the China Banking and Insurance ... ( read original story ...)
Fast-Growing Chinese Hotel Operator Reportedly Picks U.S. for $2 Billion IPO
Shanghai-based Atour might be working towards a New York Stock Exchange listing, but that doesn’t signal immediate plans for American expansion. ( read original story ...)
Tesla halted plan to buy land in Shanghai due to U.S.-China tensions, report says
Tesla halted a plan to buy land in Shanghai to expand its manufacturing plant because of trade tensions between China and the U.S., the news agency Reuters reported citing people familiar with the ... ( read original story ...)
Family Dog Fends Off Escaped Leopard Trying to Enter Home
Surveillance footage from east China showed the frightened cat dashing across a courtyard before leaping over a high wall. ( read original story ...)
Zara’s Shanghai affiliate fined for selling unqualified items
A Chinese affiliate of Spanish fast-fashion retailer Zara has been slapped with a fine of 7,076.81 yuan ($1,098.66) for production and sales of unqualified items, Chinese news site Jiemian.com ... ( read original story ...)
Tesla’s Shanghai Issues Illustrate Increasingly China Competitive, Asian Alternatives
Tesla Shanghai's situation is likely linked to an upcoming US legislation and shifting production to alternative Asian manufacturing hubs. ( read original story ...)
IPO boom: $140.3 billion raised globally via 670 offers in 2021
At 670, the number of issues / IPOs in the first five months of CY21 is the second-highest since the calendar year 2000 when 677 IPOs hit the Street globally. ( read original story ...)