The case hinges on a claim that the firm didn’t let investors know about a warning it had received from the Chinese government just before its 2014 IPO. The 2nd U.S. Circuit … firm did…
Monthly Archives For December 2017
Funko Looks to Rebound From IPO Meltdown With Overseas Push
In China, the world’s second-largest economy … The CEO chalked up Funko’s IPO woes to investors struggling to understand its story. The bankruptcy of Toys “R” Us in September — and the struggles of major…
China’s Lufax picks banks for up to $5 bln Hong Kong IPO – IFR
HONG KONG, Dec 5 (Reuters) – Chinese online wealth management firm Lufax has hired five banks to work on an up to $5 billion Hong Kong initial public offering, IFR reported, citing people familiar with…
Tencent affiliates IPO spree to continue into next year
Its online reading unit China Literature has raised US$1.1bln after pricing its Hong Kong IPO at the top of its range early in November. China’s first online-only insurance company Zhong An, in which Tencent holds…
China’s megacity dream spurs Hebei Construction IPO
Hebei Construction Group on Monday launched a Hong Kong initial public offering, becoming the first company to tap investor interest in China’s ambitious Xiongan special zone plan. The company hopes to raise between HK$1.9 billion…
Canada a good place for foreign investment, PM tells business leaders in China
GUANGZHOU, China — Prime Minister Justin Trudeau is selling Canada as good place for foreign investment at a major conference of international business leaders in the southern Chinese city of Guangzhou. Trudeau is addressing the…
Why Canada thinks a China trade deal adds up
Has covered news and politics at home and abroad … It’s not clear what the hiccup is, but many observers still believe a trade deal with China is a matter of when, not if. After…
China’s commercial banks need to focus more on small businesses: regulator
SHANGHAI (Reuters) – China’s city commercial banks should direct more of their lending to small businesses in a bid to boost the private sector and address regional economic disparities, a senior banking regulator said in…
China to further regulate financial markets
China will further regulate financial markets and get tough on illegal financial activities, deputy head of China’s banking regulator said Tuesday. “Despite progress in the ongoing financial scrutiny, the market is still prone to risks…
China’s commercial banks need to focus more on small businesses
SHANGHAI, Dec 6 (Reuters) – China’s city commercial banks should direct more of their lending to small businesses in a bid to boost the private sector and address regional economic disparities, a senior banking regulator…
Canada’s trade minister stays in Beijing to keep alive hopes of free trade talks
Abrupt change of plans for International Trade Minister François-Philippe Champagne came just after Prime Minister Trudeau and China’s president held a private dinner in Beijing Tuesday night. The prime minister says pursuing free trade with…
China’s financial sector opening raises prospect of talent war
HONG KONG (Reuters) – In the last two years, more than 30 global asset managers have been awarded licences to set up wholly-owned units in China as they sought a share of the country’s $1.5…
Canadian business will benefit from Trudeau’s China trip
A former diplomat, Colin Robertson is vice-president and fellow at the Canadian Global Affairs Institute. Prime Minister Justin Trudeau’s China trip may not have netted the expected free-trade talks, but Canadians should be satisfied on…
