Caixin

Chinese firms face shifting global IPO landscape

Nasdaq proposes raising minimum public float and fundraising requirements; is enforcing faster suspension and delisting procedures for companies that fail to meet ongoing standards

Passengers boarding a high- speed train in Dalian, in northeastern Liaoning province. In July and August, a record 943 million passenger trips were taken on China’s railways, up 4.7% year on year.

China’s travellers return, but their spending stays home

While many favour shorter trips to nearby destinations like Japan, long-haul travel to Europe also registers a rebound

Rents rose for an eighth straight month in July, with Hong Kong’s residential rental index hitting a six-year high, prompting some tenants to consider purchasing homes.
GLOBAL ENTERPRISE

Hong Kong property deals hit four-year high on hopes of rate cuts, buyer incentives

Land Registry data shows 50,522 deals between January and August, up 12% from a year earlier

A bird’s-eye view of Shenzhen. The Chinese city is one of several  to launch "zero-rent" policies to lure startups.

China’s big cities offer rent-free industrial parks in battle to lure startups

The programmes aim to cut expenses for tech firms and fill empty space left after years of overbuilding

Robin Zeng (third from right), founder and chairman of Chinese battery giant Contemporary Amperex Technology, at the company's listing ceremony on May 20.

Hong Kong IPO frenzy sets sights on record HK$250 billion fundraising for 2025

In the first half of 2025, some 44 companies went public in the territory

Labubu dolls at a Pop Mart store in Beijing. Labubu is a Nordic-inspired character and collectible plush toy designed by Hong Kong artist Lung Kasing.

How Pop Mart’s Labubu became a monster of a business

The doll’s popularity has propelled the stock of its owner, Pop Mart International, more than 180% higher this year

Two sectors – manufacturing and real estate – are leading Vietnam’s foreign investment surge.

Vietnam attracts global manufacturers despite US tariff increases

Vietnam still holds a manufacturing edge in South-east Asia as Confucian values instil discipline, and labour costs are lower than in Thailand but higher than in the Philippines

Data provider Sea-Intelligence' latest weekly update shows a 17 per cent year-on-year rise in Asia-US West Coast capacity in June, with a projected 19 per cent jump in July.
COMMENTARY

Can US ports handle a freight spike or will they be overwhelmed?

Preliminary forecasts indicate that container volumes at the ports of Los Angeles and Long Beach will begin rising in the second week of June, topping 100,000 TEUs a week

Residential buildings in Shanghai. Current new housing supply has fallen significantly, particularly in hot markets such as Shanghai, Shenzhen, Hangzhou and Chengdu.

Falling sales offer few signs of end to China’s property slump

Housing has lost its appeal as an investment in many third and fourth-tier cities

JD.com hopes to use high-frequency food delivery services to drive traffic to its lower-frequency e-commerce business.
GLOBAL ENTERPRISE

How JD.com intends to unseat China’s takeout king

Tensions between the two players have intensified as they seek greater share of the US$82 billion food delivery market