Shares were lower in early Asian trading Wednesday after a lackluster session on Wall Street, where the Dow industrial average ended almost flat after backtracking from a broad rally earlier in the day. KEEPING SCORE:…
Monthly Archives For January 2018
Chinese conglomerate Dalian Wanda’s hotel division to sell London property project
Wanda wants US$5b from single buyer for five offshore assets as China reins in investments abroad Wanda denied the report but acknowledged it was undertaking a strategic review of its property projects and would consider…
Chinese fintech Lufax set to IPO in April
To learn more and subscribe, please click here. One of China’s largest fintechs, Lufax, plans to launch its initial public offering (IPO) on the Hong Kong stock exchange in April 2018, according to sources quoted…
China’s iQIYI Takes Further Step Toward IPO (Report)
Chinese video streaming giant iQIYI is edging nearer to an IPO in the U.S. The company could seek to raise $1 billion of fresh capital. International Financing Review, part of Thomson Reuters, said Tuesday that…
China rights lawyer Yu Wensheng loses licence
Yu Wensheng, 50, received the news in a letter from Beijing’s Bureau of Justice on … halfway through President Xi Jinping’s first term. In 2017, China jailed a prominent human rights lawyer, Jiang Tianyong, and…
Mobile Crane 2018 China Market Expected to Grow at CAGR 17.03% and Forecast to 2021
WiseGuyReports.Com adds” Mobile Crane Market in China 2015-2019 “Research To Its Database. Mobile cranes are used to lift and transport different types of loads at construction sites. They are mounted on a rubber tire or…
Uoolu to Bring Together 100 Global Leading Developers at Beijing Summit
View original content with multimedia:http://www.prnewswire.com/news-releases/uoolu-to-bring-together-100-global-leading-developers-at-beijing-summit-300582974.html Marcus s is the lead editor for Our Finance Daily. He holds a B.A. in Psychology from the … ( read original story …)
UPDATE 2-China 2017 non-financial ODI posts first decline since records began
* Dec non-financial ODI rises 49 pct y/y to $12.53 bln * 2017 non-financial ODI falls 29.4 pct to $120.08 bln * Dec FDI drops 9.2 pct y/y to 73.94 billion yuan * 2017 FDI…
China’s iQIYI Takes Further Step Towards IPO (Report)
Chinese video streaming giant, iQIYI is edging nearer to an IPO in the U.S. The company could seek raise $1 billion of fresh capital. International Financing Review, part of Thomson Reuters, said Tuesday that the…
Today’s top tech news, January 16: US govt tells its businesses not to work with Huawei or China Mobile
Lawmakers in the US are advising the country’s leading telecom provider, AT&T, not to do business with Chinese phone maker Huawei and telecom operator China Mobile, citing national security concerns. These include collaboration with Huawei…
UPDATE 1-China 2017 non-financial overseas investment falls 29.4 pct y/y
* Dec non-financial ODI rises 49 pct y/y to $12.53 bln * 2017 non-financial ODI falls 29.4 pct to $120.08 bln * Dec FDI drops 9.2 pct y/y to 73.94 billion yuan * 2017 FDI…
Xiaomi targeting $100 billion IPO later this year
The IPO could value the Chinese OEM at $100 million … The float would be the first time the Beijing giant has sold shares to the public. The incredible $100 billion figure would see Xiaomi…
China-led bank spreads its wings to Africa, South America to bankroll infrastructure projects
The China-led Asian Infrastructure Investment Bank will be spreading its tentacles to South America, Africa and further into the Middle East soon, as it marks the start of its third year in business, its president…