A Shifting IPO Tide, and China Stocks Get Cold Shoulder in Europe
Chinese companies are increasingly choosing Hong Kong over New York for their offshore listings. And some of those same companies that have listed in Europe are finding a lack of…
A tea party resumes and the allure of Nvidia
Bubble tea listings on the Hong Kong Stock Exchange have resumed and a small Chinese maker of fasteners surges after a new tie-up with Nvidia. By Doug Young & Rene…
GM’s China Charge, and Nvidia’s Antitrust Probe
GM takes a $5 billion charge related to its struggling China business. And China probes Nvidia for antitrust behavior in a 4-year-old chip acquisition By Doug Young & Rene Vanguestaine…
Two IPOs: One in Autonomous Driving and One in Gold
Robotaxi operator Pony.ai raised more than $400 million in its U.S. IPO. And jewelry store operator Mokingran raised a smaller $67 million in its Hong Kong listing By Doug Young…
A McDonald’s Valuation Downsize, and New Medical Plan Additions
The value of McDonald's China operation has plunged by more than half in the last year. And 91 companies got their drugs added to China's national health plan By Doug…
A Travel IPO and a Plan to Export Used Chinese Cars
Huoli could become China's first online travel agent to list in quite some time. And auto trader Cango is trying to export used Chinese cars. By Doug Young & Rene…
China Inc Under Trump, and a Property Developer’s Rapid Reorganization
What should Chinese companies expect in Trump 2.0? And a mid-tier property developer advances a plan to reorganize its offshore debt at lightning speed. By Doug Young & Rene Vanguestaine…
CICC Probed by Regulator, and Huawei Trials New Harmony OS
CICC has been fined for its lax due diligence with IPO candidate S2C. And Huawei beta tests the latest rendition of its Harmony smartphone operating system. By Doug Young &…
Two Autonomous Driving IPOs, and Alibaba Sheds a ‘New Retail’ Asset
Horizon Robotics and WeRide have raised more than $1 billion combined in their IPOs in Hong Kong and New York. And Alibaba looks to sell its RT-Mart hypermarket chain.
Reprieve for Car Sales, and New U.S.-China Flights
China's car sales returned to growth in September and Delta will resume its L.A.-to-Shanghai flights after more than a three-year suspension.
PODCAST: China Talks with EU on EV Tariffs, and Indonesia Eyes Temu Ban
China and the EU are trying to reach a deal to avoid EU tariffs on Chinese EVs. And Indonesia asks Apple and Google to evict China's popular Temu e-commerce app.
PODCAST: A Bubble Tea IPO Freeze, and a Revenue-less Drug Maker
China's securities regulator puts the brakes on new bubble tea IPOs in Hong Kong. Is this China's latest step to assert its authority over the former British colony? And former drug making highflyer Ascletis has become revenue-less after its earlier drugs fizzled. Now the company is hoping to revive its fortunes with a new weight-loss drug from the same class as Ozempic.