China’s economic recovery continued in July with industrial growth remaining steady, even as weak domestic retail sales continued to undercut the rebound.Industrial output rose 4.8% in July from a ... ( read original story ...)
Covid-19 vaccine hopefuls scramble for stock market funds
CureVac, which said earlier this week that it planned to raise up to $245m on Nasdaq to accelerate the development of its Covid-19 vaccine, is expected to price its initial public offering after the ... ( read original story ...)
China central bank to conduct MLF operations on Monday as 400 billion yuan of such loans expire
China's central bank said it would conduct medium-term lending facility (MLF) operations on Monday, as a batch of 400 billion yuan ($57.6 billion) worth of such loans expired on the day ... ( read original story ...)
Largest Chinese IPO of 2020 KE Holdings bags biggest billion-dollar pop since 2000
China's largest housing platform operating under the Lianjia and Beike brands, raised $2.1 billion in the largest US IPO from a Chinese issuer since 2018 and posted the best first-day pop for a ... ( read original story ...)
Strong Drivers For Growth For Tesla Auto Business On 3 Continents
Strong demand for Tesla vehicles in the USA, in Europe, and in Asia. Any constraints on sales earlier in 2020 were caused by supply problems and not by any lack of demand. ( read original story ...)
Across China: Restaurant business serves food for thought — waste not, want not
More restaurants across China are taking measures to stop food wastage and raise public awareness of food security, especially amid the impact of COVID-19. Smaller portions, half-portion dishes and ... ( read original story ...)
TikTok owner ByteDance considers listing China business in Hong Kong or Shanghai, sources say
Chinese tech giant ByteDance is considering listing its domestic business in Hong Kong or Shanghai, people familiar with the matter told Reuters. ( read original story ...)