Pandaily's Digest #20210125
Relx debuts on New York Stock Exchange, Kuaishou aims to raise $5.4B in Hong Kong IPO, and objections flood in after high-profile MIT professor's arrest.
Chinese E-cigarette Company RELX Debuts on NYSE, Market Value Reaches $45.8B
Chinese e-cigarette company RELX Technology on Jan. 22 was officially listed on the New York Stock Exchange (NYSE) under the symbol “RLX”, becoming the first Chinese e-cigarette brand to start public trading.
Surrogacy Once Again Under Fire in China While Borderline Illegal Business Booms
Surrogacy has sparked an unprecedented uproar on the Internet in China in the past week.
Short Video App Kuaishou Seeks up to $5.4B in Hong Kong IPO
Short video startup Kuaishou Technology is aiming to raise as much as $5.4 billion in its initial public offering, potentially becoming the largest IPO in Hong Kong since late 2019.
Academia Fires Back after MIT Professor Chen Gang Arrested for Failing to Disclose China Ties
Following the arrest of MIT nanoengineering professor Chen Gang on charges of failing to disclose China ties and financial accounts on Jan. 14, objections to the high-profile professor’s arrest flooded in last week.
Chinese Self-driving Solutions Startup UISEE Draws 1B yuan in New Funding Round
Chinese self-driving solutions startup UISEE Technology has completed a new funding round and raised more than 1 billion yuan ($154 million), the company announced on Monday.
