HONG KONG (Reuters) – ZhongAn Online Property & Casualty Insurance Co (6060.HK) priced its IPO at the top of an indicated range, raising $1.5 billion in Hong Kong’s biggest ever financial technology stock offering, IFR…
Monthly Archives For September 2017
Online insurer ZhongAn prices Hong Kong IPO at top end to collect US$1.5bn: report
China’s first online-only insurer has priced its initial public offering (IPO) at the top end of its expected price range, as it looks to raise US$1.5 billion in the city’s biggest fintech IPO, according to…
Initial public offerings scheduled to debut next week
Sources include IPO ETF manager Renaissance Capital … Business: Pharmaceutical preparations. RYB Education – Beijing, China, 7.8 million shares, priced $16-$18, managed by Credit Suisse/Morgan Stanley. Proposed NYSE symbol RYB. Business: Innovator … ( read…
China Aoyuan Property Group Limited (3883) Dips -2.68% on Sep 22
Shares of China Aoyuan Property Group Limited (HKG:3883) last traded at 5.09, representing a move of -2.68%, or -0.14 per share, on volume of 11.45 million shares. After opening the trading day at 5.28, shares…
China runs world’s fastest commercial bullet train at 350 kmph
The trains are entirely designed and manufactured in China, led by the China Railway Corporation. China holds complete intellectual property rights on the trains. China has the world’s longest high-speed rail network of over 22,000…
Trump’s comments on North Korea, from ‘fire and fury’ to blaming China
That patience is over. We are working closely with…. pic.twitter.com/nCZ51HnIdx In an interview with CBS News during the presidential campaign, Trump said he could “get China to make [Kim Jong Un] disappear in one form…
Trump’s financial strategy persuades China to put screws to North Korea
President Trump persuaded China to freeze all financial transactions with North Korea and ordered a new round of U.S. sanctions Thursday, closing out his first U.N. General Assembly with a major diplomatic victory in his…
FAW’s Hongqi Vows to be China’s most popular luxury brand
Shanghai (Gasgoo)-Established in almost 60 years ago, Hongqi Auto always represents Chinese luxury cars for all these years. Xu Liuping reveals Hongqi’s new dream during the H7 launching ceremony on September 21st that. Xu said…
Kim Jong-un brands Trump a ‘mentally deranged dotard’ in rare direct response to UN speech
Washington has refused to negotiate with Pyongyang, despite appeals to do so from China and Russia, who are both uneasy over Trump’s bellicose tone. However in a meeting with Japanese Prime Minister Shinzo Abe and…
Chinese brands capture 25% of Russian smartphone market in Q2
With more than 50 brands competing in the Russian market, Chinese brands control over 25 percent of the total smartphone market while share of Russian manufacturers dropped to single digits in Q2, according to a…
This huge Kindle promotion with Alibaba shows Amazon’s shrinking ambition in China
That time appears to be over. The latest sign: Amazon is running a giant Kindle promotion across Alibaba’s shopping sites in China on Saturday — something Alibaba calls a “Super Brand Day” — in a…
China Post Bank raising $7.3 bln via preferred shares to shore up capital
BEIJING: Postal Savings Bank of China Co (PSBC … State-run PSBC’s fundraising comes a year after it garnered $7.63 billion in a Hong Kong IPO. The lender also unveiled plans in August for a share…
Alibaba-backed Best raises $450 million after pricing U.S. IPO at bottom: IFR
FILE PHOTO – The logo of the Chinese logistics company Best Inc is seen outside a local delivery hub in Beijing Thomson Reuters HONG KONG (Reuters) – Chinese logistics firm Best Inc priced its U.S.…
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