announced it had purchased an additional 252,000 ordinary shares at the IPO price of $4. “The underwriter was full of confidence in Farmmi, so that is why we raised a higher range,” Zhang said. “We…
Monthly Archives For February 2018
Chinese video streaming platform iQiyi files for U.S. IPO
Goldman Sachs (Asia), Credit Suisse, BofA Merrill Lynch, China Renaissance, Citi and UBS Investment Bank … IQIYI’s move to seek listing on Nasdaq followed a busy year of Chinese IPOs on major U.S. stock exchanges.…
iQiyi reveals user numbers and net loss since inception in IPO filing
iQiyi (爱奇艺), the Chinese entertainment company famous for its video streaming service filed for an initial public offering in the US, our sister media TechNode China is reporting. The news comes after rumors and speculation…
Chinese streaming giant iQiyi files for $1.5 billion IPO
Goldman Sachs (Asia), Credit Suisse, BofA Merrill Lynch, China Renaissance, Citi and UBS Investment Bank are the IPO’s joint underwriters. According to the SEC filing, iQiyi lost $574 million on revenue of $2.7 billion in…
Baidu’s video unit iQiyi files for U.S. IPO that may raise over $1.5 billion
BEIJING (Reuters) – Chinese video streaming service provider iQiyi Inc, a unit of search engine firm Baidu Inc (BIDU.O), filed on Tuesday for an initial public offering that is set to raise more than $1.50…
Vivo partners with China Mobile on “China Mobile 5G Device Forerunner Initiative” to drive 5G advancement
SHENZHEN, China, Feb. 27, 2018 /PRNewswire/ — Vivo today announced its partnership with China Mobile on the “China Mobile 5G Device Forerunner Initiative” at the GTI Summit 2018 at Mobile World Congress. Combining the efforts…
Please Step in Through the Left Window: Directions in Beijing Are Getting Really Complicated
BEIJING—Officials in China’s capital are getting served reminders of an old saying about resistance to bureaucratic rule: “The higher-ups have measures. Those lower down have countermeasures.” Load Error Li Kang began deploying countermeasures … (…
BRIEF-China Financial International Investments Posts H1 Profit Of HK$31.4 MLN
* H1 REVENUE HK$32.1 MILLION VERSUS HK$12.3 MILLION Source text for Eikon: Further company coverage: Our Standards:The Thomson Reuters Trust Principles. ( read original story …)
The Zacks Analyst Blog Highlights: Sinopec Shanghai Petrochemical, Waddell & Reed Financial, Buckle and China Petroleum & Chemical
Chicago, IL – Feb 27, 2018 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the…
China’s Crypto Exchanges Didn’t Just Survive – They’re Thriving
It began like this: officials from the People’s Bank of China stepped into the offices of the largest crypto exchanges in the country and sat down with their executives. From the financial regulator’s Shanghai and…
China’s Crypto Exchanges Are Thriving Despite the Ban
It began like this: officials from the People’s Bank of China stepped into the offices of the largest crypto exchanges in the country and sat down with their executives. From the financial regulator’s Shanghai and…
China Excels In Development Finance, Or ‘Fintech’
As a full-fledged Technocracy, China’s Technocrat leaders have no interest in helping the poor in their country or anywhere else in the world. They do intend to lead in so-called ‘Fintech’ that will complete massive…
China’s largest sportswear brand Anta posts 29pc profit growth on increased sales
Anta Sports, China’s largest sportswear brand and the third largest in the world by market capitalisation, has posted a 29.4 per cent growth in 2017 net profit, attributing it to increased sales that resulted from…