Haidilao billionaire’s $350 million surprise sale sinks shares
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Haidilao billionaire’s $350 million surprise sale sinks shares
BEIJING – The founding family behind China’s biggest chain of hotpot restaurants sought to sell up to US$353 million (S$446 million) shares, sending the firm’s shares down as much as 12 per cent, the lowest level since March 2022. Shu Ping, a co-founder and wife of Haidilao’s Chairman and CEO Zhang»»»
More innovative technology financing being prioritized
Experts said strengthening innovation in technology finance can provide more targeted and efficient financial support for tech-related private enterprises, easing financing difficulties and promoting commercialization and industrialization of technological achievements. Emerging technologies such a»»»
US risks a ‘Forever’ trade war with China, says Economist Stephen Roach
The US is erecting new trade barriers that will hold back China’s sales of key products like electric vehicles, accusing Beijing of building excess capacity using state subsidies and flooding global markets with cheap products. The economist’s comments echoed Beijing’s view that the US’ measures ov»»»
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