The Beijing-based mobile phone infrastructure firm has set an indicative price range of HK$1.26 to HK$1.58 ($0.16-$0.20) per share for the initial public offering (IPO), valuing itself at between $28 … ( read original story…
Monthly Archives For July 2018
China Tower sets price range, gets cornerstones for $8.7 billion HK IPO: Sources
The Beijing-based mobile phone infrastructure firm has set an indicative price range of HK$1.26 to HK$1.58 ($0.16-$0.20) per share for the initial public offering (IPO), valuing itself at between $28 … ( read original story…
China probes stainless steel imports from Indonesia, EU, Japan and Korea
The move follows a complaint by Shanxi Taigang Stainless Steel (Shenzhen:000825.SZ – News), with backing from four other state-owned mills including Baosteel’s stainless steel division, which blamed c… ( read original story …)
China vaccine scandal ripples through domestic market, threatens global push
Late on Sunday, the state news agency Xinhua ran an editorial calling for strict punishment for any violations, big or small, in the vaccine industry and for regulators to close loopholes and tighten … (…
The Unreal Scope of China’s Intellectual Property Theft
A federal judge recently issued a $1.5 million fine to a Chinese wind turbine company, Sinovel, for stealing key intellectual property from a Massachusetts technology company, American Superconductor … ( read original story …)
China launches probe into stainless steel imports from EU, Japan, South Korea, Indonesia
The move follows a complaint by Shanxi Taigang Stainless Steel (Shenzhen:000825.SZ – News), with backing from four other mills including Baosteel’s stainless steel division, it said. China imported 70… ( read original story …)
Analysts Are Downgrading China’s Small Banks at Record Pace
Analysts are taking note of the struggles in China’s banking industry, which is being battered by an official deleveraging drive. At least five smaller lenders have been downgraded by credit-rating co… ( read original story…
As its film business grows up, China faces an ‘Ishtar’ moment with its most expensive movie
It was supposed to be China’s “Lord of the Rings.” Instead, it turned into another “Ishtar,” the infamous box office bomb of 1987. Produced for more than $100 million, the fantasy epic “Asura” was bil……
China thinks long-term on financial stability — so should we
Where are we in the global economic cycle? I wish I had the answer. The unwinding of the Fed’s stimulus programs, combined with the risk of a global trade war and rising populism in a…
Bank of Korea Sees Possible Impact From China Deleveraging Plan
The economy of South Korea, which is very reliant on China, may see more adverse impact than previously expected from China’s plan for deleveraging, the Bank of Korea said in a report on Sunday. South…
China Tower Is Said to Draw Hillhouse, Alibaba to Hong Kong IPO
China Tower Corp., the state-owned wireless infrastructure operator, has attracted Hillhouse Capital and a unit of Alibaba Group Holding Ltd. as investors in its planned Hong Kong initial public offer… ( read original story …)
Top Chinese financier warns Brexit puts London at risk of losing its status as hub for international banks expanding into Europe
Sun Yu, Bank of China’s UK chief executive and chairman of the China Chamber of Commerce in Britain, demanded clarity over Brexit, saying businesses like his are racking up costs due to the uncertaint… (…
China’s property market is starting to bubble and policymakers are unlikely to stop it
New home prices in China rose by 1% in June, the fastest increase since October 2016. This was despite increasing restrictions on buying and selling that have been rolled out by policymakers in recent ……
