Alibaba Targets Hong Kong IPO
Bloomberg has reported that Alibaba will choose China International Capital Corp. and Credit Suisse Group AG to lead the share sale for their Hong Kong offering.
Category: Industry
Showing 12 of 6361 posts in this category
Tesla Negotiates $1.4 Billion Loan With Chinese Banks
Tesla has negotiated a 10 billion yuan ($1.4 billion) loan with Chinese banks to be facilitated over a five-year period.
12/24/20192 min read
Nintendo Switch May Soon Enter the Chinese Market
China granted approval for Nintendo to sell its first Switch console game in the country.
Tencent and Alibaba Engage in Price War for Palworld
In 2024, Palworld made its debut, not only sparking extensive discussions among players but also directly triggering a new round of price competition between Tencent Cloud and Alibaba Cloud.
1/31/20249 min read
DiDi Chuxing Finishes Year-long Safety Revamp
On October 25, Didi Chuxing submitted a safety upgrade report to China’s Ministry of Transport upon completing a year-long industry-wide safety revamp process.
10/25/20192 min read
Xiaomi and OPPO to Experiment with 200W Fast Charging, Planning to Promote Commercial Uses
According to a digital blogger "Digital Chat Station", OPPO and Xiaomi are already experimenting with 200W fast charging and both have plans to promote commercial uses of this technology.
1/11/20222 min read
Chinese Vaccine Maker Changchun Changsheng Life Sciences Declares Bankruptcy
With no possibility of reorganization and reconciliation, Chinese vaccine maker, Changsheng Bio-technology has declared bankruptcy.
11/8/20191 min read
Meituan Upgrades ‘Contactless Delivery’ in Beijing With Unmanned Vehicles
Chinese food delivery giant Meituan Dianping launched an unmanned delivery service to build a full chain of contactless service in food distribution.
2/18/20202 min read
Chinese Police Solves the First Case of Using ChatGPT to Create Fake News
Recently, the Pingliang Public Security Bureau's Network Security Brigade in China cracked a case of using ChatGPT to fabricate fake information.
5/8/20232 min read
Netease Launches Tryfun, Sex Product Brand with a Clinical Look
Internet giant Netease, which once surprised users by raising pigs, is marching into another unusual industry. On October 23, it announced the launch of Tryfun（...
Pinduoduo Stocks Drop Despite Revenue Exceeding Wall Street Expectations
Pinduoduo released its full-year financial report on Mar. 13. The Shanghai-based Chinese e-commerce company, which has been likened to Groupon, exceeded market expectations in terms of revenue but missed earnings estimates.
3/14/20192 min read
Leo Group Receives TBCA Refund of $50 Million, Plans for Cooperation With SpaceX May Change
Previously, Leo Group announced that its subsidiary Leo Investments Hong Kong Limited plans to invest $50 million in TBCA to participate in a partnership investing in SpaceX.
11/25/20213 min read