Chinese President Xi Jinping President Trump attend a welcome ceremony at the Great Hall of the People in Beijing last year. (AFP / Nicolas Asfouri) The Chinese government is getting creative as it hu… (…
Monthly Archives For July 2018
China IPOs: Why Chinese Companies List Overseas
For many years, China’s emerging companies, especially those in the internet sector, have relied on foreign capital. Alibaba and Tencent were nurtured by overseas venture capital, and were eventually … ( read original story …)
China Tower’s IPO looks like a straightforward affair
Visitors look at the Qualcomm display area at the Mobile World Congress 2018 in Shanghai. With a 5G rollout coming and China determined to be a global leader in this field, China Tower will need…
China’s Sinochem Energy files for $2 billion Hong Kong listing
HONG KONG (Reuters) – Sinochem Energy, a unit of China’s state-owned Sinochem Group, has filed for a Hong Kong initial public offering (IPO) of about $2 billion, as the group seeks to raise capital am……
Global IPO kitty at $94.3 billion in January-June: Report
In the Asia-Pacific region, riding on a strong second quarter 2018, Japan IPO volumes declined only 5 per cent and proceeds increased 8 per cent over first half of 2017. In Greater China, despite a…
China urges U.S. not to allow stopover by Taiwan president
Speaking at a daily news briefing in Beijing, Chinese Foreign Ministry spokesman Geng Shuang said China had already lodged solemn representations with Washington about the planned transits. “We have c… ( read original story …)
Winnipeg celebrates Chengdu, China sister city relationship with millions of LED lights
Winnipeg is reigniting its sister city relationship with Chengdu, China – home of the giant panda. To celebrate the 30th anniversary of the twinning of the two cities, Lights of the North lantern fest… (…
China brands to capture 54% share in global smartphone market
Chinese smartphones will capture combined market share of 54 percent in 2018 in the global smartphone market, research firm TrendForce said. This is because leading smartphone brands such as Samsung, … ( read original story…
China Charges Former Internet Censorship Chief With Corruption
The case will be handled by a court in the coastal city of Ningbo, China’s official Xinhua News Agency has reported. Lu ran the Cyberspace Administration of China from its launch in 2014 to 2016,…
China’s Huawei says first-half revenue rises 15 percent to $47.7 billion
HONG KONG (Reuters) – China’s Huawei Technologies [HWT.UL], the world’s third-largest smartphone maker, said on Tuesday first-half revenue rose 15 percent, thanks to solid performance in its operation… ( read original story …)
China plans tighter controls on foreign acquisitions
The draft amendment will be open for public comment until August 29. “This move is in line with two major trends in China: accelerated financial opening and increased concerns around economic national … ( read…
China open to UK trade deal after Brexit
Mr Hunt said Mr Wang had offered “to open discussions about a possible free trade deal done between Britain and China post-Brexit, and that’s something we welcome and we said we will explore”. Last mo……
Starbucks and China’s Alibaba to partner on delivery: media reports
(Reuters) – Starbucks Corp and e-commerce company Alibaba Group Holding Ltd are set to join forces on coffee delivery, according to media reports, as the coffee retailer seeks to rebound from a sales … (…
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