Top news of the week: 09.12.2022.
Crypto trading firm Amber Group fends off rumours amid lay-offs and delayed severance payments after FTX collapse
Former employees of Amber Group in Shenzhen say they were blocked by HR and the CEO after requesting money they are owed.
Chinese Investment Giant Hillhouse Capital Seeks to Expand Outside China
Hillhouse Capital Group, the Chinese sprawling investment powerhouse that has drawn comparisons to Tiger Global Management, has a new challenge: growing outside China. The firm is best ...
Daily Crunch: Airtable lays off 250+ as CEO cites importance of ‘being a lean organization’
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China film industry cools for hot money investment as coronavirus, censors increase risk
China outperformed the US as the world’s largest theatrical film market for the second year in a row in 2021, but censors have increased scrutiny, while virus restrictions have closed ...
Renault China boss is making super-premium EVs that monitor your health
There’s an ever-growing list of wearables that track people’s health, but what about a vehicle that monitors one’s blood pressure and heart rate with smart sensors and algorithms? ...
Hong Kong to be among top three IPO hubs in 2023, with fundraising set to double to US$26 billion: PwC
The city should recover from a 19 per cent drop in IPOs this year, regaining bragging rights as one of the world’s top three markets and facilitating twice as much fundraising, according to ...
China's Weilong Delicious to raise $130.6 mln in Hong Kong IPO
Chinese snack food maker Weilong Delicious Global Holdings is set to price its shares at HK$10.56 each in its Hong Kong initial public offering to raise $130.6 million, according to two ...
Account of the global chip battle wins FT book prize
Chris Miller’s ‘Chip War’ digs into the fight for semiconductor supremacy