U.S. Archives - Page 2 of 3

Tim Hortons China Edges Closer to US Listing

Canadian coffee chain Tim Hortons has recently made further progress in plans to list its Chinese business division in the US. Silver Crest, a special purpose acquisition company, will hold a general meeting regarding the merging matter on August 18.

Luxury Confections Brand Lady M to Pull Out of Mainland China

Lady M, a New York-based luxury confections brand, announced on July 21 the future termination of all stores in the Chinese mainland.

NetEase Games Announces New US Studio

NetEase Games, the online games division of Chinese tech giant NetEase, on July 18 announced Jar of Sparks, a new first-party studio that will enjoy full creative freedom within the corporate network.

Fast Fashion Giant SHEIN Allegedly Steals Designs

SHEIN, a fast fashion retailer founded in China in 2008, recently fell into a copyright infringement dispute over alleged design theft.

Rape Accuser of JD.com’s Richard Liu Asks for Punitive Damages

Last Friday, a Minnesota court held a four-hour hearing in which Liu Jingyao, the accuser, asked for punitive damages from both Richard Liu and Chinese e-commerce giant JD.com. She attended the hearing in person.

Pop Mart Opens First Pop-up Store in the U.S.

Pop Mart, a trendy culture and entertainment company, officially opened its first pop-up store in South Coast Plaza, California. This is the first time that Pop Mart has opened an offline channel the U.S.

TikTok Moves US User Data to Oracle Servers

TikTok, a short video streaming platform owned by Beijing-based tech giant ByteDance, has completed migrating information on its US users to servers at Oracle Corporation, in a move that could address US regulatory concerns over data integrity.

US Court Rejects All Civil Lawsuits Against Chinese Chip Maker SMIC

Chinese chip maker SMIC announced on Friday that it had received a ruling from the United States District Court for the Central District of California dismissing, in its entirety, the civil lawsuit with prejudice and without leave to amend.

NIO Recruits Talents for Overseas Manufacturing Jobs

Chinese electric vehicle maker NIO is recruiting a number of employees for manufacturing-related positions the U.S., suggesting that the company is planning to build a new factory in the U.S.

NetEase Games Launches First U.S. Studio

NetEase Games, the online gaming division of Chinese internet technology firm NetEase, announced on Thursday its first studio in the United States, Jackalope Games, which is based in Austin, Texas.

Qiantu Motor to Debut in the United States through SPAC

Chinese automobile firm Qiantu Motor is expected to make its debut in the U.S. by the end of December this year, with a valuation of $1.25 billion.

Didi to Vote on Delisting of U.S. Stocks on May 23

Didi Global, a leading ride-hailing platform in China, announced on April 16 that it will hold a special shareholders meeting at 19:00 on May 23 to vote on a voluntary delisting from the New York Stock Exchange (NYSE).

Luckin Coffee Completes Debt Restructuring, Emerges From Bankruptcy

Chinese beverage chain Luckin Coffee on Monday announced that the company has successfully completed the restructuring of financial debt and has emerged from bankruptcy proceedings under United States code.

Chinese Regulators to Support Enterprises’ Offshore Listing Places Choice

On Saturday, the China Securities Regulatory Commission (CSRC), together with three other government departments, have released revisions to 2009's confidentiality rules involving legal offshore listings.

China Considers Granting Access to Audits of US-listed Chinese Firms

Latest moves from the Chinese regulatory authorities suggest that the long-running Sino-US audit dispute is likely to hit a new milestone.

Five Chinese Firms Including Baidu Face Possible Delisting in U.S.

The United States Securities and Exchange Commission (SEC) on Wednesday added five Chinese firms to a growing list of companies that may get delisted from domestic stock exchanges.

Autonomous Driving Startup TuSimple Agrees to U.S. Regulations

Autonomous driving startup TuSimple has reached an agreement with U.S. authorities to resolve security concerns around its self-driving truck operations and the company’s ties with China.

Fashion Sports Brand Starter Secures $40 Million in Financing

Starter, an international fashion sports brand, has recently received $40 million in C-round financing. The leading investor was QY Capital.

Overseas Subsidiary of Chinese EV Firm NIO May Start Selling EVs in U.S.

A U.S.-based subsidiary of Chinese electric vehicle (EV) firm NIO has recently signed a ten-year lease for an office building in San Jose, California, doubling the area of its current headquarters to roughly 18,580 square meters.

Five Companies From Greater China Rank Among Top 50 U.S. Patent Assignees in 2021

According to authoritative patent data released on Monday by IFI Claims, five enterprises from Greater China have entered into the list of top 50 U.S. Patent Assignees in 2021.

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