China’s services activity grew at the fastest rate in 15 months in July as easing COVID curbs boosted consumer confidence, but foreign demand fell and companies cut staff for the seven... Read more
Laid-off employees and investors are suing collapsed Chinese grocery delivery company Missfresh and the Wall Street underwriters who marketed its shares in a $300 million New York offering l... Read more
Air China plans to raise up to RMB 15 billion ($2.2 billion) through a private offering on the Shanghai Stock Exchange to expand its fleet and replenish working capital, reports the South Ch... Read more
Taibang Biologic Group has raised $300 million from investors including the Abu Dhabi Investment Authority and Singaporean sovereign wealth fund GIC, the Chinese company said Tuesday, report... Read more
China’s central bank drained cash from the banking system for a seventh straight day as market rates plummeted amid ample liquidity, reports Bloomberg. The People’s Bank of China withdrew a... Read more
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