SPD Silicon Valley Bank (SSVB) is a 50-50 joint venture between Chinese state-owned Shanghai Pudong Development Bank and SVB Financial, which was shut down by the U.S. financial regulator on Friday ... ( read original story ...)
Li Qiang, Xi confidant, takes reins as China’s premier
Four years before Li Qiang gained notoriety as the force behind the two-month COVID-19 lockdown of Shanghai, the man who became China's new premier on Saturday worked quietly behind the scenes to ... ( read original story ...)
Li Qiang, Xi Jinping’s top confidant, takes reins as China’s premier
Four years before Li Qiang gained notoriety as the force behind the two-month Covid-19 lockdown of Shanghai, the man who became China's premier on Saturday worked quietly behind the scenes to drive a ... ( read original story ...)
Xi Jinping bets on competence of Li Qiang as China new Premier
In late 2018, Mr Xi himself announced Shanghai's new tech-focused STAR Market as well as the pilot of a registration-based IPO system, reforms meant to entice China's hottest young firms to list ... ( read original story ...)
China Stock Market May Find Traction On Thursday
The China stock market has finished lower in three straight sessions, sinking more than 40 points or 1.2 percent along the way. The ... ( read original story ...)
Silicon Valley Bank’s collapse sends shivers through China startups
Chinese tech firms have long relied on SVB for venture capital funds after traditional US banks turned them away. ( read original story ...)
U Power Proposes Terms For $18 Million U.S. IPO
the various risks of PRC-focused operations combined with the excessive valuation at IPO led me to pass on the IPO. Shanghai, China-based U Power Limited was founded to originally broker automobiles ... ( read original story ...)