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India says solar safeguard duty imposed

Bloomberg India’s finance ministry said a 25 percent safeguard duty on solar cells and modules imported from China and Malaysia has been imposed, providing some clarity on the protectionist move that had been caught up in court battles. The tariff will be imposed in accordance with a notification originally published on July 30, the finance ministry said. The development follows ...

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Meituan raises $4.2bn in IPO

Bloomberg Meituan Dianping raised about $4.2 billion after the Chinese food review and delivery giant priced its Hong Kong initial public offering near the top of a marketed range, according to people with knowledge of the matter. China’s second largest tech startup priced its sale of 480.27 million new Class B shares at HK$69 apiece, the people said, asking not ...

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NIO’s wild ride may blaze trail for more US IPOs from China

Bloomberg The party isn’t over for Chinese companies seeking US listings and NIO Inc., which almost doubled after two full days as a public company, might deserve credit for keeping the trade alive. After an underwhelming first day of trading on September 12, the surge in the Shanghai-based electric car maker suggests investors may continue to swarm around US listings ...

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