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Chinese social media firm Xiaohongshu taps Goldman, CICC to work on Hong Kong IPOChinese social media platform Xiaohongshu is preparing for a potential Hong Kong initial public offering. Banks including Goldman Sachs and...- Philippines to restore access to Grok after developer commits to safety fixesThe move to block came as governments and regulators from Europe to Asia cracked down on sexually explicit content generated by Grok on th...
- Chinese AI firm MiniMax targets $4 billion-plus valuation in Hong Kong IPO, sources sayChinese AI startup MiniMax has confidentially filed for a Hong Kong IPO, targeting a valuation over $4 billion and aiming to raise up to $6...
- Tiger Brokers adopts DeepSeek model as Chinese brokerages, funds rush to embrace AIThe integration of the DeepSeek-R1 model into TigerGPT follows DeepSeek's meteoric rise which stunned Silicon Valley and triggered a rally ...
- Chinese smartphone maker Honor announces new investorsOther backers include China's Cornerstone, the Shenzhen city government's SDG Group, and Jinshi Xingyao, an investment platform for Honor's...
- China stocks close lower as property, financial firms dropThe blue-chip CSI300 index fell 1.1%, to 4,551.69, while the Shanghai Composite Index lost 1% to 3,428.88.
- China's manufacturing sector slows as export demand weakensA sub-measure of new exports fell by a full point from the previous month to 46.7, according to the National Bureau of Statistics and the C...
- China's Ximalaya, Qiniu file for U.S. IPOsThe largest online audio platform in China, Ximalaya had 250 million average monthly average users in the first quarter of 2021, according ...
- China expected to become world's largest importer in 5 years: Investment firmChina's rising imports have a significant global impact, as it is the largest importer for 41 countries and regions, compared with 36 for t...
- These charts show why China's stock panic may be overShort-sell turnover in Hong Kong market climbed to the highest level since August on Thursday.
- China's new reserve calculation rules to smoothen liquidityTo contain regulatory arbitrage, the central bank imposed the RRR on offshore renminbi deposits held onshore from January 25.
- China's central bank pumps in $25 billion to boost liquidityPeople's Bank of China pumped 163 billion yuan (about $25 billion) into the financial system in open market operations via medium-term lend...
- China's budget deficit in 2016 to reach 3% of its GDPChina's proactive fiscal policy will continue in 2016 and its general public budget deficit will expand, the China International Capital Co...
- China-India cooperation centre formed to boost trade, researchTwo Chinese influential government-backed institutions have teamed up with an Indian media group to set up a multi-disciplined body in Chin...
- China announces multiple fiscal policies to boost growthChina announced proactive fiscal policies aimed at stabilising growth as it grappled with industrial overcapacity, sluggish demand.
- CIMB to snap up RBS Asia equities & I-Banking businessesRoyal Bank of Scotland's operations in eleven countries in Asia including China, Japan, Singapore, Korea, Australia and India are on the bl...
- China to play role in General Motors IPOAmong the banks helping General Motors with its initial public stock offering next week are two identified by initials only: ICBC and CICC.
- Goldman lures Ha from CICC as investment bankerGoldman Sachs has appointed Ha Jiming as a managing director of investment banking in China, luring him from his post as China Internationa...
- China's cheap fuel underpins global oil price spikeTo find out why global crude prices are at historic highs, look no further than Christina Lu and her silver Honda Odyssey.
- Morgan Stanley to withdraw from China joint venture: ReportTroubled US banking giant Morgan Stanley is planning to sell its entire stake in a China joint venture investment bank and shift to another...
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