Showing 1 - 9 of 9
China's naturalised Olympians walk fine line between love and scorn
AFP, Published on 09/02/2022
» BEIJING: Eileen Gu and Beverly Zhu were both born and raised in the US before deciding to represent China, but their contrasting fortunes at the Beijing Olympics highlight the fine line between love and condemnation for the host nation's naturalised athletes.
China bubble tea firm debuts after $650 mn IPO caps labour of love
AFP, Published on 30/06/2021
» HONG KONG - Chinese bubble tea chain Nayuki edged down on its Hong Kong market debut Wednesday after raising more than US$650 million in an IPO that marked the culmination of a literal labour of love for the co-owners who created the firm on a blind date.
US fines China's Luckin Coffee $180 mn in fraud probe
AFP, Published on 17/12/2020
» NEW YORK - US securities regulators fined China's Luckin Coffee $180 million for defrauding investors over its financial performance, officials announced Wednesday.
US proposes tougher Wall Street rules for China firms
AFP, Published on 07/08/2020
» NEW YORK - US officials on Thursday proposed toughening rules for Chinese companies listed on American stock exchanges as recent scandals have prompted concerns about the reliability of some of the firms' documents.
Luckin Coffee sticks by chairman despite scandal over fake sales
AFP, Published on 03/07/2020
» BEIJING - Embattled coffee chain Luckin Coffee has decided against ousting its founder and chairman, despite an internal investigation concluding that last year's revenue included millions of dollars in fake sales.
Chinese e-commerce giant JD soars on Hong Kong debut
AFP, Published on 18/06/2020
» HONG KONG: Chinese e-commerce giant JD.com soared nearly 6% on its Hong Kong debut Thursday, after raising almost US$4 billion in an initial public offering that was the world's second-biggest this year.
Chinese ecommerce giant JD.com jumps 5.75% on Hong Kong debut
AFP, Published on 18/06/2020
» HONG KONG: Chinese e-commerce giant JD.com leapt 5.75% higher on its Hong Kong debut Thursday, after raising almost $4 billion in an initial public offering that was the world's second biggest this year.
Trump announces probe of Chinese companies listed in US
AFP, Published on 30/05/2020
» WASHINGTON: US President Donald Trump on Friday ordered a probe into the actions of Chinese companies listed on American financial markets as tensions flared anew between the world's two biggest economies.
Luckin Coffee, Starbucks rival in China, files for US IPO
AFP, Published on 23/04/2019
» BEIJING: China's homegrown coffee chain Luckin Coffee has filed to list publicly in the US as the loss-making company battles to dethrone Starbucks in its home market.