Henan

New Business

Bubble tea giant Mixue’s IPO powered by prowess in procuring, production, prices: analysts

The retail portion of the company’s Hong Kong debut attracted more than HK$1.6 trillion (US$205.9 billion) in subscriptions on Wednesday,…

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New Business

Foxconn breaks ground on new headquarters in Zhengzhou as it expands into EVs and more

The facility in Zhengzhou, the capital of central Henan province where Foxconn runs the world’s largest iPhone factory, on Thursday…

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New Business

How a Valentine’s Day fad sparked a ‘gold rush’ in China

The price of gold jewellery has surged to record highs in China over recent months as jittery investors sought a…

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New Business

‘They’re hiring less’: China’s ‘iPhone City’ falls quiet as market rivalry intensifies

Yukang, a cluster of housing complexes, restaurants and supermarkets on the outskirts of the central Chinese city of Zhengzhou, used…

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New Business

China’s richest cities say medical costs are bleeding dry health insurance funds

A number of major Chinese cities have reported worrisome deficits in their government-run health insurance funds, as rising medical costs…

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New Business

‘Incomparably nice’: why China’s shoppers are obsessed with an obscure local supermarket

Lunar New Year, arguably China’s biggest annual holiday, can be seen as a barometer for the country’s economy. As more…

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New Business

China’s consolidation of small banks accelerates to head off systemic risk

China’s efforts to consolidate its small banks have led to a sharp reduction in their numbers as regulators work to…

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New Business

China’s cattle farmers, in beef with importers, lobby for trade probe as prices drop

China’s beef farmers, struggling with steep losses as domestic prices plunge to an 11-year low, have successfully petitioned for the…

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New Business

EU tariffs slow Chinese EV exports, Geely looks to expand in Asia: 7 EV reads

We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to…

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New Business

What’s the state of China’s ‘space economy’ as commercial launches intensify?

China’s commercial space players have had a busy year, with the number of lift-offs in the first three quarters already…

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