Lotus Technology will go public in the United States via a merger with special purpose acquisition company L Catterton Asia Acquisition Corp in a deal that will value the combined group at $5.4 ... ( read original story ...)
China LiDAR startup plans US listing
Shanghai-based LiDAR startup Hesai Technology is looking to raise an estimated US$150 million via a US IPO, according to industry sources. ( read original story ...)
China’s copper costs driven up by Maike’s woes, output glitches
China's copper buyers face higher costs for the metal this year, buyers and analysts said, after market disruptions from top importer Maike Group's financial woes and production glitches at domestic ... ( read original story ...)
China stocks are close to bull market highs after returning from Lunar New Year break
China's onshore A-shares were hovering close to bull market territory on Monday, the first day after returning from the Lunar New Year holiday. ( read original story ...)
Markets struggle before central bank rate decisions
The US Federal Reserve is forecast Wednesday to lift interest rates by just 25 basis points, down from a half-point hike last month, which followed four straight 75 basis point increases. ( read original story ...)
China’s new stock crackdown another bunny from the hat to distract from the elephant in the market
After his October 2022 ascension to Chairman for Life, President Xi Jinping knows he badly needs an economic win. ( read original story ...)
China, Central Bank Outlooks Churn Asian Stock Markets
Asian stock markets were uneven Monday on prospects for economic growth in China, and on the outlook for more tightening by major global central banks. Hong Kong sank, Shanghai edged forward, and ... ( read original story ...)