As China has opened up, the symbolism that once connected it to many nations around the world has been replaced by new business partnerships, economic ties, and cultural exchanges. This new era of what I…
Monthly Archives For November 2017
China’s financial planning platform: Jianpu Technology sets terms for $214 million US IPO
Jianpu Technology, which provides a wealth management platform in China, announced terms for its IPO on Friday. The Beijing, China-based company plans to raise $214 million by offering 22.5 million ADSs at a price range…
China Search Engine Company Sogou Ready For $540 Million IPO
Beijing-based Sogou, which is also backed by Tencent Holdings … Sogou considers its strategic strength to be its prowess in artificial intelligence. It expects the IPO to reap $501 million in net proceeds, which it…
China blasts US for ban on bank over N Korea ties
Beijing has blasted Washington for excluding China’s Bank of Dandong from the US banking system over allegations of collusion between the bank and the North Korean government. In June, Washington alerted firms that it was…
China: We’re the world’s ‘new role model,’ and Trump needs to prove he can be ‘constructive’
China is calling for constructive dialogue and negotiations ahead of the President Donald Trump’s visit to Beijing next week as the world’s second-largest economy balances practical diplomacy with its own growing assertiveness. Chinese Foreign Ministry…
Beijing on smog alert as choking winter looms
Beijing has issued its first orange smog alert ahead of the winter when air pollution levels usually soar in northern China as power is ramped up to fuel central heating systems. The orange alert, the…
Tencent’s China Literature $1.1 Billion IPO Speaks Volumes About Value of IP in China
In China, a whole new industry chain surrounding online literature IPs is taking form and now involves music, games, TV dramas, and movie production. China Literature has raised $1.1B after pricing its Hong Kong IPO…
China Mobile (CHL) Upgraded to Hold from a Sell
China Mobile Ltd (NYSE:CHL) is a constituent of the 21 company Wireless Telecommunication Services GICS industry group, which is a segment of the 67 company GICS Telecommunication Services sector. CHL has a market value of…
Chinese startups challenging foreign condom brands
“Now, more domestic brands have entered the industry with new technologies and fresh marketing ideas as their driving forces. Made-in-China condoms are no longer synonymous with low prices and poor quality. You can now find…
China to step up checks on illegal financing of property: state media
BEIJING (Reuters) – China’s central bank, its banking regulator and the housing ministry have asked banks to step up checks on property downpayment sources, including income authenticity, state news agency Xinhua reported on Friday. China…
BRIEF-China Industrial Securities International Financial Group posts qtrly profit of HK$61.9 mln
* Qtrly profit for period HK$61.9 million versus HK$62.5 million * Qtrly revenue HK$260.4 million versus HK$175.4 million Source text for Eikon: Further company coverage: Our Standards:The Thomson Reuters Trust Principles. ( read original…
Beijing says it peacefully resolved a South China Sea dispute with Vietnam
Hanoi and Beijing, however, have sought to get relations back on track, with a top Chinese leader telling his Vietnamese hosts in September that their two communist parties have a “shared destiny”. Chinese Foreign Minister…
China dispute’s Trump’s claim of ‘flood’ of fentanyl into U.S.
China doesn’t deny that some fentanyl produced illicitly inside the country is contributing to the epidemic, Wei Xiaojun, deputy director-general of the Narcotics Control Bureau of the Ministry of Public Security, said at a news…
