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...It runs alongside a parallel localisation drive under way in state-owned enterprises....
...According to a 2015 speech by NDRC official Xu Lin, the government sought research from the OECD, the Asian Development Bank and “the famous American consulting firm McKinsey”, so as to “absorb a wide range...
...That disparity points to growing regulatory concern that the vehicles could be used by criminal enterprises, lawyers in the city-state said....
...The benchmark CSI 300, which is more heavily weighted towards the country’s large state-owned enterprises, lost just 0.2 per cent, making it Asia-Pacific’s best-performing index on a day when the region’...
...A version of this article was first published by Nikkei Asia on April 2 2024. ©2024 Nikkei Inc. All rights reserved....
...A version of this article was first published by Nikkei Asia on February 27. ©2024 Nikkei Inc. All rights reserved....
...The subsidiary is consolidated within Adani Enterprises, the group’s flagship listed company, and does not report earnings....
...At the same time, the Japanese auto industry is being challenged by other Asian nations....
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...This raises the worry that European and US carmakers will be unable to make an EV transition profitably and will be overtaken by Asian rivals....
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...A version of this article was first published by Nikkei Asia on February 7. ©2024 Nikkei Inc. All rights reserved....
...A version of this article was first published by Nikkei Asia on April 4 2024. ©2024 Nikkei Inc. All rights reserved....
...On an enterprise value basis, Uber trades at 2.7 times forward sales, a significant premium to Didi at its current valuation....
...Middleton handled Lehman’s liquidation with “speed and aggression”, the former colleague said, including agreeing to sell its Asia-Pacific franchise to Nomura within days of the bank’s collapse....
...Shanghai’s state-owned carmaker SAIC Motor, for example, had its 15 per cent tax rate for being a “high-tech enterprise” renewed four times since 2008....
...A nearly 5 per cent rise for Hong Kong’s Hang Seng China Enterprises Index over the past week has stoked expectations for a catch-up rally when mainland stock exchanges return from their 10-day Lunar New...
...This has driven a wedge between Hong Kong and many of its largest Asian trading partners....
...Guobin, vice-minister of industry and information technology, warned in January that Beijing would take “forceful measures” to address “blind” construction of new EV projects by some local authorities and enterprises...
...A version of this article was first published by Nikkei Asia on February 12. ©2024 Nikkei Inc. All rights reserved....
...On Monday, US Steel announced that it would sell itself to Nippon Steel of Japan at an enterprise value of $15bn....
...A version of this article was first published by Nikkei Asia on January 16. ©2024 Nikkei Inc. All rights reserved....
...between the administration, both parties on the hill and the intelligence community ensured this effort to oppose the bill failed spectacularly today,” said Eric Sayers, a security expert at the American Enterprise...
...Shares of the latter, on an enterprise-value-to-sales basis, at present stand at just 2 times, a discount to global peers....
...The bill “is a way to enhance the symbolism of national security prevailing [over] every policy directive . . . in Hong Kong”, said Eric Lai, a research fellow at the Georgetown Center for Asian Law....
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