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JD-Backed Delivery Firm Dada Nexus Files US IPO On NASDAQ
Dada Nexus filed for an IPO on the NASDAQ stock exchange, despite concerns raised on its prospects given the recent Luckin Coffee scandal. Dada Nexus filed for an IPO on the NASDAQ stock exchange, despite concerns raised on its prospects given the recent Luckin Coffee scandal. -
Chinese Software Firm Kingsoft Cloud To Push NASDAQ IPO Despite Tensions
Chinese cloud storage company Kingsoft Cloud will reportedly push ahead with its planned IPO in the US despite the rising tensions and the increased scrutiny on US-listed Chinese firms. Chinese cloud storage company Kingsoft Cloud will reportedly push ahead with its planned IPO in the US despite the rising tensions and the increased scrutiny on US-listed Chinese firms. -
China's Innovent Biologics Joins Global Race To Develop Coronavirus Cure
Innovent Biologics is trying to identify antibodies that can be used as part of a long-term cure for the viral pandemic. Innovent Biologics is trying to identify antibodies that can be used as part of a long-term cure for the viral pandemic. -
China CATL To Raise $2.86 Billion For Five Battery Projects
CATL plans to raise up to $2.86 billion, which it will use to invest in five lithium-ion battery projects, through a nonpublic offering. CATL plans to raise up to $2.86 billion, which it will use to invest in five lithium-ion battery projects, through a nonpublic offering. -
Baidu Reports Significant Profit And Revenue Growth For Q4 2019
The Chinese search engine giant reported a massive 95 percent surge in net profits and a 6 percent increase in total revenues for its fourth quarter last year. The Chinese search engine giant reported a massive 95 percent surge in net profits and a 6 percent increase in total revenues for its fourth quarter last year. -
BYD Takes Major Role In Record-Breaking US Order Of EV Buses
BYD will be delivering 134 fully-electric buses to the Los Angeles Department of Transportation in what will be the largest order of EVs in US history. BYD will be delivering 134 fully-electric buses to the Los Angeles Department of Transportation in what will be the largest order of EVs in US history. -
ZTE Corp Eyeing 5G Expansion In Europe Despite Restrictions
Despite the UK's continued stance to block Chinese companies from its 5G rollout, China's ZTE Corp is still moving forward with its plans to push into the European markets. Despite the UK's continued stance to block Chinese companies from its 5G rollout, China's ZTE Corp is still moving forward with its plans to push into the European markets. -
Lenovo Parent Company Founder Steps Down As Chairman
Liu Chuanzhi, the 75-year old founder of the world's largest personal computer company, is stepping down as the chairman of Legend Holdings, the parent company of the Lenovo Group. Liu Chuanzhi, the 75-year old founder of the world's largest personal computer company, is stepping down as the chairman of Legend Holdings, the parent company of the Lenovo Group. -
Dubai's District 2020 Innovation Zone Eyeing Chinese Firms
Dubai is looking to attract Chinese firms that want to expand overseas to invest in its District 2020 innovation zone. Dubai is looking to attract Chinese firms that want to expand overseas to invest in its District 2020 innovation zone. -
Morgan Stanley Upgrades Ratings For China's Tech Sector
The US investment bank raised priced targets for a number of Chinese tech firms, while also upgrading its rating for China's tech sector stocks to "attractive." The US investment bank raised priced targets for a number of Chinese tech firms, while also upgrading its rating for China's tech sector stocks to "attractive."