Ant Group Suspends Mammoth IPO
The initial public offering would have valued Ant at more than $310 billion.
Starbucks Changing Format of Business District Stores
CEO Kevin Johnson says store traffic is down in central business districts but up in the suburbs.
Ford Earnings Beat Estimates; China Growth, Ford Credit Highlighted
“We know that there’s huge value to be unlocked as we turn around our automotive operations," said new CEO Jim Farley.
China’s Economy Grows Nearly 5%
“China's economy continued its rapid rebound last quarter, with the recovery broadening out and becoming less reliant on investment-led stimulus.”
Anti-Trust: The Battle Over China-Based Issuers
China-based companies are still not complying with PCAOB audit inspections. Does Congress have the answer?
China’s Lufax Pursues U.S. IPO
The online wealth management firm is backed by financial giant Ping An of China.
Judge Gives WeChat Reprieve From U.S. Shutdown
WeChat users who sued the Trump administration had “shown serious questions going to the merits of their First Amendment claim," the court said.
Chinese Nationals Charged With Hacking Attacks
“The United States government is starting to turn the tide on Chinese intrusion operations on Western companies and targets."
U.S. Tariffs Violated WTO Rules, Panel Finds
The WTO sided with a complaint from China over tariffs imposed on about $234 billion in goods in 2018.
Herbalife Fined $123M Over China Bribe Scheme
U.S. authorities say the company paid off Chinese governmental officials to win favorable treatment in one of its largest markets.
Xpeng Motors Files To Raise $1.1B With IPO
The Guangzhou-based company is backed by Alibaba and Sequoia Capital.