China Newsbase
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The China News Database was last updated at 01:50PM on November 9, 2023.
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160 articles matching the search query.
Chinese Tech Firms Get Trading Boost From Hong Kong Listings
Hong Kong is becoming an active center for trading stock in some of China’s largest technology groups, bolstering the case for more secondary listings of U.S.-listed Chinese companies.
Yum China Files Confidentially for $2 Billion Hong Kong Listing
Yum China Holding Inc. has filed confidentially for a Hong Kong listing that could raise about $2 billion, according to people familiar with the matter, joining other U.S.-traded Chinese companies seeking share sales in the financial hub.
Questions over China protein milk powder imports from Australia, New Zealand
Chinese demand for lactoferrin and whey powder products from Australia and New Zealand has increased dramatically since the coronavirus outbreak.
China’s $136 Billion E-Commerce Haul Signals a Consumer Comeback
Alibaba Group Holding Ltd. and JD.com Inc. handled record sales of $136 billion during the country’s biggest online shopping gala of the post-pandemic era, suggesting China’s nascent consumer spending recovery has legs.
China to Ease Rules on Listings for Nasdaq-Like Board This Year
It will soon be a lot easier for mainland firms to list on the nation’s volatile ChiNext board.
NetEase shares close over 5% higher on the first day of trading in Hong Kong
NetEase launched a secondary listing on the Hong Kong stock exchange amid rising tensions between the U.S. and China.
Chinese Retail Tycoon’s Wumei Is Said to Consider Hong Kong IPO
Wumei Holdings Inc., the Chinese retail group that owns one of the country’s biggest supermarket chains, is considering an initial public offering in Hong Kong, people with knowledge about the matter said.
A Chinese city to pump life into local business with WeChat live streaming
China is showing renewed interest in live streaming. As the coronavirus swept through the country and shut down premises in droves, businesses are turning online to drive sales. Many have adopted live streaming, a model that predates the short videos that dominate many of our mobile screens now. Ecommerce titans like Alibaba, JD.com and Pinduoduo […]
JD.com inks deal with LG to sell RMB 5 billion in goods via C2M model
JD.com and LG inked a deal to sell RMB 5 billion in goods using emerging e-commerce model, consumer-to-manufacture, or C2Mr.
Shanghai shopping festival sees US$2.2 billion of sales in first 24 hours
The Double Five shopping festival, supported by e-commerce platforms such as Alibaba and JD.com, is part of Shanghai’s measures to stimulate consumer spending, which has slowed during the Covid-19 outbreak.
Global Brands Need China’s Consumers to Spend. They Might Have to Wait.
Companies from Lego to Domino’s Pizza report signs of a bounceback in China compared with recent months. But a full return to normal will be harder as many in the country have lost jobs or income, or want to save more.
Its U.S. Shares Soaring, JD.com Files to List in Hong Kong
Chinese e-commerce giant JD.com, listed on Nasdaq since 2014, filed a confidential application for a secondary listing in Hong Kong—moving a step closer to a stock sale as early as June.
JD.com applies for $3 billion Hong Kong secondary listing: sources
Chinese e-commerce retailer JD.com is pressing ahead with plans for a secondary listing in Hong Kong within the next few months despite the coronavirus pandemic still roiling financial markets, said sources with direct knowledge of the matter.
Chinese giants Huawei and Tencent join national group on blockchain after Xi's backing for the tech
China's national committee aims to set the standards for blockchain as it hopes to become a world leader in the nascent space.
iPhone to your door: Chinese firms test super-fast phone delivery as coronavirus caution remains
Even though infection numbers have declined sharply from the peak in China, analysts warned that consumers are still cautious about going outside and so quick deliveries could be a way to reach them.
Chinese Shoppers Can Go Out Again. Online Buys Show They Won’t
China’s consumers are shopping online again. But their purchases signal they plan to stay indoors for the foreseeable future, dashing hopes for a spending recovery as the nation contemplates its post-virus world.
Chinese e-commerce giant takes aim at rival leader Alibaba in cloud as China market heats up
JD.com, a major Chinese e-commerce company, is looking to become the technology platform of choice for U.S. customers in a cloud computing market dominated by Alibaba.
China's JD.com to buy back $2 billion shares
China's JD.com Inc said on Tuesday it would buy back up to $2 billion of its shares, after the e-commerce company estimated a growth in sales in the current quarter that has been ravaged by the coronavirus outbreak.
How China Kept Its Supermarkets Stocked as Coronavirus Raged
Two months into the coronavirus epidemic in China, many people are still under quarantine and much of the economy remains in a deep freeze, yet it has largely succeeded in keeping stores filled with food and other essentials.
China’s ecommerce giants deploy robots to deliver orders amid coronavirus outbreak
Meituan put its autonomous delivery vehicles on public roads for the first time, while JD.com and Ele.me are sending robots into quarantine areas.
