The China Securities Regulatory Commission and U.S. securities regulators have been locked in a dispute over allowing U.S. review of Chinese company audits, threatening delisting in coming years. Costfoto | Future Publishing | Getty Images BEIJING — China has sent another signal of progress toward resolving an audit dispute that’s threatened U.S.-listed Chinese companies with delisting. The China Securities Regulatory …

Morgan Stanley analysts say Kuaishou Technology will likely gain market share this year — and achieve profitability. Source link

Citi’s bank branch in the central business district of Singapore on Feb. 12, 2018. Ore Huiying | Bloomberg | Getty Images SINGAPORE — Citi’s commercial banking unit has set up a China desk in Singapore dedicated to helping “emerging” Chinese companies expand into the city-state and Southeast Asia, the bank told CNBC. Citi Commercial Bank serves growing mid-sized companies with …

David Tepper took out a position worth roughly $102 million in Uber in the second quarter, SEC filings show. Source link

SHANGHAI — Nreal, a Chinese company making glasses for so-called augmented reality experiences, is looking to go public within five years, its CEO told CNBC. “We’re thinking this is really a major tech market and really looking forward to what’s going to happen in the next 10 to 15 years. Very exciting – I think its more like ’06, ’07 …

Football fans watch UEFA Euro 2020 Championship Group A match between Wales and Switzerland at a pub on June 12, 2021 in Shanghai, China. Chen Yuyu | Visual China Group | Getty Images BEIJING — After home appliance company Hisense became the first Chinese sponsor for the UEFA European soccer championship in 2016, three other Chinese businesses signed partnerships for …