Chinese broker Futu cuts 5% of staff as global expansion slows
CHINA’S online brokerage Futu Holdings is reducing its headcount by about 5 per cent as it reassesses the firm’s strategy ...
Tag: Chinese
Starbucks is said to consider selling stake in Chinese business
STARBUCKS is exploring options for its Chinese operations including the possibility of selling a stake in the business, according to ...
Chinese healthcare businesses wade into South-east Asia for cost-efficiency, growth
Beijing-based healthcare private equity firm with US$3.4 billion AUM aims to set up a fund for companies from China to ...
Chinese EV maker Nio’s Q3 net loss widens to 5.1 billion yuan on lower vehicle sales
CHINESE electric vehicle (EV) maker Nio’s net loss widened to 5.1 billion yuan (S$945.5 million) for its third quarter ended ...
Chinese stocks lead Asia markets’ weekly losses amid China data, Fed signal on rate cuts
Major markets across Asia-Pacific broadly fell this week as US consumer prices released showed that inflation stayed firm, and its ...
Merck snags Chinese cancer drug for up to US$3.3 billion
MERCK & Co licenced an experimental cancer antibody from a closely held Chinese company in a deal worth US$588 million ...
Chinese solar panel giant Trina to sell plant in Texas
CHINA’S renewables giant Trina Solar has agreed to sell its US solar manufacturing operations amid increased American scrutiny of Chinese ...
Chinese group accused of hacking Singtel in telecom attacks
SINGTEL, Singapore’s largest mobile carrier, was breached by Chinese state-sponsored hackers this summer as part of a broader campaign against ...
Asia: Markets rise ahead of US election, Chinese stimulus meeting
ASIAN markets rose on Monday (Nov 4) as investors steel themselves for a too-close-to-call US presidential election, while Chinese leaders ...
Chinese solar firms, ever-nimble, go further afield where US tariffs don’t reach
SOME of the biggest Chinese-owned solar factories in Vietnam are cutting production and laying off workers, spurred on by the ...
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