Beijing-based hotpot restaurant chain plans to raise as much as $1 billion via float Haidilao International Holding, Chinese mainland’s biggest hotpot restaurant chain, will kick-start its IPO on Wedn… ( read original story …)
Monthly Archives For September 2018
China house prices to rise faster in 2018 in boost for cooling economy – Reuters poll
BEIJING (Reuters) – Home prices and property investment in China are expected to rise more this year than first thought, as tight controls in big cities continue to push buyers into less-regulated … ( read…
Dead Rat in Hotpot News Sends China Restaurant Stock Sliding
A Chinese restaurant operator is in hot water after local media reported that a customer discovered a dead rat in a meal. Shares of Xiabuxiabu Catering Management China Holdings Co. tumbled as much as ……
Chinese brands debut at New York Fashion Week
Chinese model and owner of the Maryma brand Ma Yanli stages her “Yun show” collection. (Photo via China Plus) The Maryma brand by Chinese designer Ma Yanli staged its “Yun show” collection on Sunday a……
Hong Kong’s Hot-Pot IPO: A Chinese Chain Serving Pig Brains and Giving Manicures
More than 90% are in mainland China, with the rest in Taiwan, Hong Kong, Singapore, South Korea, Japan and the U.S. Net profit rose 22% in 2017 to 1.19 billion yuan ($173.9 million), on revenue…
China Bond Traders Boost Leverage With PBOC Watching Closely
In August, the People’s Bank of China conducted repo agreements — an instrument that hadn’t been used in about three years — to mop up about 300 billion yuan of liquidity from the banking system,…
Hot-Pot IPO: A Chinese Chain Serving Pig Brains and Giving Manicures
A Chinese chain of hot-pot restaurants—where diners prepare their own dishes by dunking meat and vegetables in bubbling spicy soup—is cooking up a $12 billion valuation that would match Domino’s Pizza … ( read original…
Russia-China to invest in hi-tech development
and China’s Tus-Holdings on Tuesday announced joint investment plans focusing on developing technology, which would see $1.28 bln invested in the Russian Tushino Project Technology Park. ( read original story …)
China Traders Step Up Their Leverage With PBOC Watching Closely
In August, the People’s Bank of China conducted repo agreements — an instrument that hadn’t been used in about three years — to mop up about 300 billion yuan of liquidity from the banking system,…
Your Tuesday News Briefing: China, Russia, Climate Change
• The Trump administration is considering sanctioning China for the first time on human rights abuses — the mass detention of ethnic Uighurs and other Muslim minority groups. Some estimates suggest th… ( read original…
A Ruthless Ranking of Luxury Brands, By Way of Chinese Classroom Culture
Unlike in America, students in China are often assigned seats according to their academic performance, which gives everyone a visible hierarchy of success. So it makes sense to create a pecking order … ( read…
9F, fintech company with 63 million mainland Chinese users, eyes Hong Kong virtual banking licence
Mainland Chinese financial technology company 9F Group has teamed up with local and international firms to apply for a virtual banking licence in Hong Kong. The company, set up in Beijing in 2006 by f……
China Construction Bank Chief Sees Trade Conflict Resolution
China and the U.S. will eventually find a solution to their escalating trade dispute, according to the chairman of the Asian nation’s second-biggest bank. “There’s room for negotiation,” China Constru… ( read original story …)
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