Chinese shoppers push online retail to new heights

Linda J. Dodson

SHANGHAI — Homemaker Wu Ting rarely goes out these days to buy groceries in Shanghai’s markets and malls. During the city’s nearly four-week coronavirus lockdown, she got used to ordering ingredients online for her family of three, something she had never tried before. Although Shanghai stores began to gradually reopen […]

Chinese gay dating app Blued seeks $50m IPO in US

Linda J. Dodson

HONG KONG — The operator of China’s largest gay dating app, Blued, is planning an initial public offering in the U.S. despite Washington’s growing suspicion of Chinese companies listed on U.S. stock exchanges. Beijing-based BlueCity Holdings, which has more than 6 million monthly users on its social networking platform, aims to […]

A year later, Shanghai’s ‘Nasdaq’ looks increasingly Chinese

Linda J. Dodson

SHANGHAI — As China’s STAR equity market approaches its one-year anniversary next month, the Nasdaq-like board in Shanghai appears increasingly beholden to state policy from Beijing designed to promote advanced domestic technology. The Shanghai Stock Exchange will conduct a final review of Semiconductor Manufacturing International Corp. on Friday — less […]