The Shanghai Stock Exchange (SSE) and Hong Kong Stock Exchange (HKEX) both on Nov. 3 announced to halt the IPO process of Ant Group.
Tageconomy
China’s manufacturing industry grew at a slower pace in August, with the official manufacturing PMI falling slightly to 51 in August from 51.1 in July.
Pinduoduo has entered a research collaboration with Singapore’s Innovations in IFCS at A*STAR, to develop a more cost-effective and robust method of testing fresh produce for pesticides.
Despite the presence of highly successful women in the industry, we find the need to specify that a founder is “female” as if it were an exception.
Pandaily deep dives into a set of employment and consumption statistics to explain how e-commerce penetration is accelerating.
The return of the once-ubiquitous street vendors was expected to bring back Chinese economic vibrancy that was affected by COVID-19, but the public frenzy has been contained by local officials in Beijing.
AliResearch, China Household Finance Survey and Research Center of Southwestern University of Finance released a joint survey on MSME during the COVID-19 outbreak.
Experts are currently foreseeing a decline in China’s economic growth to roughly 5.6% from the already relatively low 6.1%, which will bring global economic growth down by 0.2%.
Mainland Chinese stock markets took a nosedive on the first trading day since January 23rd, after the extended Lunar New Year holiday.
While China’s tier-one and tier-two cities keep rapidly expanding, making us marvel at the speed and quality of their development, the really astounding action is happening elsewhere.
In June 2019, OYO China, the subsidiary of the rapidly growing Indian operator of leased and franchised hotels, announced the launch of its 2.0 strategy.
With no possibility of reorganization and reconciliation, Chinese vaccine maker, Changsheng Bio-technology has declared bankruptcy.
IDC released a report on November 4 on China’s blockchain spending, forecasting that China’s spending on blockchain technology will reach $2 billion by 2023, which represents a CAGR of 65.7%.
The Chinese government announced last Thursday that it will be ramping up efforts to promote the research and development (R&D) of blockchain technology.
Recently, Huawei's chip company HiSilicon (Shanghai) Technology Co., Ltd. announced it will sell its 4G communication IoT chip - the Huawei Hisilicon LTE Cat4 platform Balong 711 for the first time.