JD.com Seeks Listing Hearing on Thursday, Expands List of Underwriter Banks
JD.com, which plans to list on the Hong Kong Stock Exchange on June 18, is reported to have scheduled a listing hearing on Thursday, May 28.
5/26/20201 min read
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Tesla to "Recall" Model 3 and Model Y in China for Online Software Update
On June 26, Tesla filed a recall plan with the State Administration for Market Regulation Supervision of China as the company Tesla will make an online software update related to assisted driving.
Chinese Tech Giant Tencent Launches New Video Platform to Attract Elderly and Rural Consumers
Chinese tech giants Tencent launched a new video platform named Pianduoduo that rewards users for watching videos, aiming at constantly expanding among the elderly and rural populations.
Writing Software Floods the China's Internet
Yesterday, People's Daily reported that plagiarism prevails in online novels and that a writer who suspected of plagiarism was found to have used material in wr...
GAC Group and Stellantis JV Bankruptcy Triggers Dealers' Rights Protection Campaign
The bankruptcy of GAC-FCA, a joint venture established by Netherlands-based automaker Stellantis and China's GAC Group, in late October triggered a dealers' rights protection campaign.
11/14/20223 min read
China’s Fintech Giant Ant Group Responds to IPO Postponement Rumor, Saying Listing Process is Proceeding in Orderly Manner
China’s fintech giant Ant Group on Tuesday responded to the recent news about its IPO postponement due to securities regulator’s investigation, saying the listing process is proceeding in an orderly manner.
10/14/20202 min read
SenseTime Raises Nearly $712 Million in HK IPO, to be Listed on December 30
Chinese AI firm SenseTime announced the decision to sell 1.5 billion Class B shares globally, including 150 million Class B shares in Hong Kong, 1.35 billion Class B shares internationally, and another 15% over-allotted shares.
12/29/20213 min read
Autonomous Truck Developer TuSimple Co-founder Huang Zehua Leaves Job
TuSimple, an autonomous driving truck company, has seen another high-level leadership change.
7/5/20222 min read
Miniso Receives Approval for Hong Kong Listing
Miniso, a US-listed consumer home goods retailer, has received approval from the Hong Kong Stock Exchange for a dual primary listing.
Meituan CEO No Longer Directly Hold Shares in Company's Ride-Hailing Business Operator
Wang Xing, chairman and CEO of Meituan, and Mu Rongjun, executive director, both no longer shareholders of Shanghai Tutuan Technology Co., Ltd., the main operator of Meituan's online ride-hailing business.
11/2/20223 min read
Power Bank Sharing Company Energy Monster Raises $300M and Aims for US IPO
On Feb. 10, Reuters reported that Energy Monster, a Chinese company that specializes in power-sharing devices, plans to file an initial public offering (IPO) in the U.S., aiming to raise US$300 million.
2/23/20212 min read
China’s First Mars Rover Is Named Zhu Rong, the Chinese God of Fire
At an opening ceremony for the China Space Conference held in Nanjing, Jiangsu on Saturday, the national Space Day, the China National Space Administration (CNSA) officially named its first Mars rover "Zhu Rong (祝融)".
4/25/20213 min read