ZHUHAI, China, June 14, 2018 /PRNewswire/ — On the back the great results of the 3 rd summit achieved last year, with the guidance and support of the responsible Chinese and Israeli government agencies, the…
Monthly Archives For June 2018
Xiaomi is said to consider raising half of $10 billion IPO from CDR sale
Selling more equity to local investors aligns Xiaomi with Beijing’s policy goals and helps it command a higher valuation. On Tuesday, JPMorgan, Morgan Stanley and CLSA — all of which are sponsoring or arranging the…
Xiaomi posts $1.4b loss in Q1 ahead of HK IPO
BEIJING • Xiaomi revealed it lost 7 billion yuan (S$1.4 billion) in the first three months, as the Chinese smartphone maker prepares to persuade investors to buy into the largest initial public offering (IPO) since…
Sinopec Seen Top Winner as Pipeline Spinoff Frees Up Unit IPO
China is set to unveil before winter its plans to house pipeline … “With pipeline reform moving forward, so too will the IPO,” Bernstein analyst Neil Beveridge said in a note on Wednesday, adding that…
Green finance pilot to be extended
China is preparing a nationwide green finance development trial model and extending a one-year pilot program in five provinces, to encourage faster and cheaper loans for environment-friendly industries, according to a senior central bank official.…
ISACA launches presence in Beijing
The Beijing facility will provide a base for the global organization … ISACA already has begun serving customers in China, particularly those in the banking and financial services sectors, as well as expanding active relationships…
India, China in talks to form bloc against Opec
We agreed to promote (business-to-business) cooperation… and we are hopeful that in future buyers will be able to dictate prices,” oil minister Dharmendra Pradhan said after meeting China National Petroleum Corporation chairman Wang Yilin and…
Recon Announces Strategic Cooperation Agreement between JD Finance and Future Gas Station to Promote Online Gas Station Payments
today announced that Future Gas Station (Beijing) Technology, Ltd (“FGS”), of which Recon indirectly owns 8%, has recently entered into a strategic cooperation agreement with JD Finance, to establish an information communication mechanism and long…
Malaysia finance minister suggests China connection to 1MDB
Mr Lim said. The finance ministry has filed a report with the country’s Anti-Corruption Commission and said it might seek Beijing’s help to trace Malaysia’s payments. Mr Lim’s announcement comes as the government continues an…
China winner from summit but wary of closer bonds between U.S. and North Korea
BEIJING – The outcome of the Singapore summit between U.S. President Donald Trump and North Korean leader Kim Jong Un was good news for one absent but key player: China. China won big at the…
Ending the US-South Korea war games would be a win for Beijing
(CNN)Kim Jong Un flew into Singapore on a Chinese plane for his summit with US President Donald Trump and left with a prized concession long sought by Beijing: the suspension of US-South Korean war games.…
Property agents abandon China’s resort island as sales plunge on cooling measures
while many clients had canceled purchases after authorities introduced what they described as China’s “most stringent tightening measures”. “Many of my colleagues have moved to Guangxi and Yunnan to look for business opportunities,” Li said,…
BEIJING | China winner from summit but wary of closer US-N. Korea ties
BEIJING — The outcome of the Singapore summit between President Donald Trump and North Korean leader Kim Jong Un was good news for one absent but key player: China. China won big at the summit…
