BlackBerry selected by Plus to power Its Class 8 Truck automated driving system

The FINANCIAL — BlackBerry Limited and Plus, a leading provider of self-driving truck technology, announced today that Plus has selected BlackBerry® QNX® technology for the global commercial deployment of the company’s automated driving system for Class 8 trucks. Plus is the first automated truck developer…

3 mins read

Deutsche Bank delivers China supply chain financing solution for BASF

The FINANCIAL — Deutsche Bank today announced that it has established a supply chain financing solution for BASF China, supporting the company and its suppliers in China with world-class working capital capabilities. With this solution, BASF and its partners will benefit from…

4 mins read

Hyundai to establish a hydrogen mobility ecosystem in China

The FINANCIAL — Hyundai Motor Company is spearheading development of a hydrogen society and fuel cell commercial vehicle ecosystem in China with regional partners. Hyundai Motor announced today that it has signed an MOU with Shanghai Electric Power Co., Ltd., Shanghai Sunwise…

6 mins read

FMCG in China is on the road to recovery

The FINANCIAL — The total spending on fast-moving consumer goods (FMCG) in China grew by 4.1% in the 12 weeks to 11 September 2020 compared to the same period last year. Stronger growth in lower-tier cities and ecommerce channels remained the key…

4 mins read

World Bank sanctions 2 Chinese engineering companies for 18 months

The FINANCIAL — The World Bank Group today announced the 18-month sanctions of China National Electric Engineering Company Limited (“CNEEC”) and its wholly owned subsidiary, China Electric Design and Research Institute Company Limited (“CEDRI”), both international engineering companies, in connection with fraudulent…

3 mins read

Dongpeng Holdings got listed on SZSE

The FINANCIAL — Dongpeng Holdings (Stock Code: 003012) landed on SME Board on October 19, 2020. Dongpeng Holdings is publicly offering 143 million shares, including 143 million IPO shares offered at 11.35 yuan per share and raising funds of 1,623 million yuan. The post-public-offering share…

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