Charleston Lim
Writer
The Latest
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China Fintech Lufax Could Raise As Much As $3 Billion In U.S. IPO: Sources
Lufax Holding is backed by Ping An Insurance and offers online wealth management and retail loans. 
Lufax Holding is backed by Ping An Insurance and offers online wealth management and retail loans. -
New World Development Wins $592 Million Bid For Prime Shanghai Property
New World Development will be paying $592 million for a 17,170 square meter plot of land in Shanghai's Middle Huaihai Road. 
New World Development will be paying $592 million for a 17,170 square meter plot of land in Shanghai's Middle Huaihai Road. -
Liberty Global To Merge With Switzerland's Sunrise In $7.43 Billion All-Cash Deal
Liberty Global agreed to pay 110 francs per Sunrise share, representing a 32 percent premium over Sunrise's average share prices over the past two months. 
Liberty Global agreed to pay 110 francs per Sunrise share, representing a 32 percent premium over Sunrise's average share prices over the past two months. -
California-Based Hyperion Shows Off 1,000-Mile Hydrogen-Powered Supercar
Current battery technologies are no match for hydrogen-based powertrains, Hyperion says. 
Current battery technologies are no match for hydrogen-based powertrains, Hyperion says. -
Twitter Stocks Jump Amid Rumors Of Possible TikTok Acquisition
Twitter is allegedly engaged in talks to acquire Chinese-owned short-video streaming platform TikTok, resulting in a slight surge in its share prices on Monday. 
Twitter is allegedly engaged in talks to acquire Chinese-owned short-video streaming platform TikTok, resulting in a slight surge in its share prices on Monday. -
Simon Property Group To Buy More Bankrupt Retailers
Simon Property Group is actively seeking to salvage additional distressed companies as part of its new acquisition strategy. 
Simon Property Group is actively seeking to salvage additional distressed companies as part of its new acquisition strategy. -
Nissan Motors Confident In China Vehicle Sales Recovery
Nissan sold a total of 120,945 vehicles in China in July, an 11.6 percent year-on-year increase. 
Nissan sold a total of 120,945 vehicles in China in July, an 11.6 percent year-on-year increase. -
Lucid Motors Claims New EV Is World's Longest-Range Electric Car
Lucid’s new Air sedan leaves Tesla, General Motors, Ford and others 100 miles behind, it says. 
Lucid’s new Air sedan leaves Tesla, General Motors, Ford and others 100 miles behind, it says. -
Tesla Rival Nio Finally Reports Its First-Ever Profitable Quarter
Nio reported a profit of 313.1 million yuan, or roughly $44.3 million, for its latest quarter, its first profitable three-month period since its founding in 2014. 
Nio reported a profit of 313.1 million yuan, or roughly $44.3 million, for its latest quarter, its first profitable three-month period since its founding in 2014. -
Former China Huarong Chairman Lai Xiaomin Pleads Guilty To Embezzlement, Bribery
Lai Xiaomin admits taking $256 million in cash and gifts as well as other criminal activity. 
Lai Xiaomin admits taking $256 million in cash and gifts as well as other criminal activity.
