Combination of coordinated efforts by its critics and missteps by the company led to the law forcing a sale or ban of the popular app

Of the country’s 369 unicorns, 52 are in AI, with integrated circuits and pharmaceuticals not far behind

美联储将于4月30日召开为期两天的议息会议

Shenzhen Component Index closed up 2.22%

上市公司与未上市企业的收购和反向收购是中国当前发展阶段的现实选择，这两种模式能够实现四种功效：上市公司做大做强，“次新股”二次腾飞，优质企业进入资本市场，低效和低质资产退出市场

• The practice of "parallel car exports" from China, where traders buy new cars domestically and sell them as used cars abroad, has seen a significant increase in recent years. This surge was particularly notable following the Russia-Ukraine conflict in February 2022, which led to a demand gap in Russia due to international sanctions and withdrawal of foreign car manufacturers.
• In response to the booming market, Chinese traders exploited regulatory loopholes and tax differences within the Eurasian Economic Union countries (including Kazakhstan and Kyrgyzstan) to export cars more profitably. However, by early 2024, Russia began tightening regulations, closing loopholes that allowed for cheaper customs processes through intermediary countries.
• Despite these challenges, parallel car exports have become a substantial part of China's trade with Russia, prompting both small and large-scale traders to adapt their strategies. The industry is moving towards more regulated practices with increased costs and longer capital turnover times due to new Russian import policies.

• Syngenta Group, a leading global agrochemical company, has paused its planned IPO on China's A-share market after withdrawing a 65 billion yuan application in March 2024. This follows a previous withdrawal from the STAR Market in May 2023. The withdrawals were attributed to the large fundraising scale challenging for the A-share market to absorb and a downturn in the agrochemical industry affecting Syngenta's performance.
• From 2020 to 2022, Syngenta Group reported increasing revenues but faced a significant profit drop by 86.9% in the first nine months of 2023 compared to the same period in 2022. Financial challenges included high initial financial leverage and interest expenses from debts incurred during aggressive acquisitions, including the $49 billion purchase of Swiss Syngenta by ChemChina.
• Despite setbacks, Syngenta remains committed to eventually relisting, focusing on enhancing its R&D capabilities within China to meet local agricultural transformation needs. The group aims to leverage its global network to promote Chinese agricultural innovation globally while facing stringent regulatory environments and market cultivation challenges for genetically modified (GM) crops in China.

【本文系数据通用户提前专享】上市时运只是表象，业务与增长仍待突破

上市时运只是表象，业务与增长仍待突破

Ban on investing in pre-IPO companies extended to 10 years for former securities regulators and their families

2023年，东航物流跨境电商出口单同比大增113.07%

The Journey 6 series processors will go into mass production later this year, and carmakers including BYD, VW and Li Auto have signed up to use them, the company said

After two years chasing EV-maker BYD, the legacy car manufacturer took the lead in January, selling more than 210,000 vehicles including around 65,000 electric cars

Beijing approves U.S. listing for self-driving firm in sign of easing, Google-backed AI specialist is Hong Kong’s latest IPO flop

The 74-year-old’s career included stints at Hong Kong and Chinese mainland securities regulators and was packed with changes and challenges

Veteran accountant with deep ties to HKEX to succeed Laura Cha who steps down after six years

Pony.ai’s IPO will be one of the first in New York ending a two-year hiatus after controversy over Didi Global’s U.S, share offering

CIC’s partnership will enable to seek investment opportunities in the Middle East as China has growing ties with Gulf oil states

会计师出身，接替史美伦

Value of deals in Greater China fell 37% to $41 billion last year as a global slowdown and macroeconomic uncertainties weighed