Page 8 - Chinese Companies

China's Didi reveals US IPO filing, all set for blockbuster New York float

Didi could raise around $10 billion and seek a valuation of close to $100 billion

Biden blocks 59 Chinese companies including Huawei in amended Trump order

Biden's position on Trump's order has been closely watched by Wall Street and Capitol Hill.

Boom in Chinese companies listing in the US halts as market declines

A bike-sharing platform, a podcaster and a cloud computing firm are among corporates holding off plans.

Oppo begins to deliver its products to your home via WhatsApp

OPPO is now manufacturing one smartphone every three seconds at its 110-acre facility in Noida.

US removes Xiaomi from blacklist, reversing late China jab by Trump

Xiaomi was among the more high-profile Chinese technology companies that former President Donald Trump targeted for alleged ties to China's military.

Meituan sinks after CEO deletes posting seen critical of Beijing

The food delivery giant fell almost 10% in Hong Kong before closing 7.1% lower

China's Huawei reports quarterly revenue drop as smartphone income hit

China's Huawei Technologies saw revenue fall 16.5% in the first quarter compared to a year earlier

China's March exports rise 30.6% as global consumer demand revives

Traders watched for signs of what President Joe Biden might do about reviving tariff war talks with Beijing.

China warns online platform companies to halt anti-competitive practices

China's market regulator said on Tuesday it had warned nearly three dozen internet "platform" companies to stop using any banned practices

Ant Group to be financial holding firm in overhaul forced by China

Jack Ma's firm to fold all financial operations into holdco

Chinese automaker Great Wall Motor plans hydrogen fuel-cell SUV model

Great Wall Motor will roll out its first hydrogen fuel-cell sport utility vehicles and launch a fleet of 100 hydrogen heavy trucks this year

Chinese tech firms face US ultimatum over issue of US accounting standards

New York-listed Chinese tech firms could soon be forced to leave the US market after the country's SEC started implementing a law to remove foreign firms that did not comply with accounting standards

Xiaomi to invest Rs 100 crore to double retail reach in one year

As per IDC, in 2020 Xiaomi continued to hold the top spot in the local smartphone market with 27% share, while it had some 20% share in the television market

US SEC begins rollout of law aimed at delisting Chinese companies

The top US securities regulator adopted measures that would kick foreign companies off American stock exchanges if they do not comply with auditing standards

ByteDance hires Xiaomi executive as CFO, moving towards IPO

ByteDance owns TikTok

China's Xiaomi fourth-quarter profit rises 36.7% on handset demand

This comes just as its major Android rival fell out of the market

US Commerce Dept subpoenas Chinese companies over possible security risk

The US Department of Commerce on Wednesday served subpoenas on multiple Chinese companies that provide Information and Communications technology and services (ICTS) in the country

Xi Jinping warns against tech excess in sign crackdown will widen

China's market regulator on Tuesday tightened scrutiny over the country's booming livestreaming e-commerce platforms

US designates five Chinese companies including Huawei as security threats

In light of the worsening relations between the United States and China, Washington has labeled Chinese tech companies, including Huawei, as national security threats

Five Chinese companies pose threat to US national security, says FCC

The FCC said the companies included Huawei Technologies Co , ZTE Corp, Hytera Communications Corp, Hangzhou Hikvision Digital Technology Co and Zhejiang Dahua Technology Co