BEIJING/PARIS (Reuters) – Volvo Cars and its owner Geely said … “We’ve come to the conclusion that the timing is not optimal for an IPO right now,” Volvo Chief Executive Hakan Samuelsson told Reuter… (…
Monthly Archives For September 2018
China’s Geely puts brakes on Volvo Cars listing, trade war a concern: source
BEIJING (Reuters) – Chinese carmaker Geely [GEELY.UL] is delaying plans to list Volvo Cars [IPO-VOLVO.ST] due to uncertainties created by escalating trade tensions and the need to bolster the Swedish … ( read original story…
China vows to respond if U.S. takes new steps on trade
BEIJING (Reuters) – China will respond if the United States takes any new steps on trade, the foreign ministry said on Monday, after President Donald Trump warned he was ready to slap tariffs on virtu……
China Gives High Priority to Property Tax That May Rock Market
China’s legislature said it’s giving high priority to a property tax that would be one of the biggest moves yet to rein in a runaway market. The Standing Committee of the National People’s Congress li……
China says it will respond if the U.S. takes new steps on trade
BEIJING (Reuters) – China will respond if the United States takes any new steps on trade, the foreign ministry said on Monday, after President Donald Trump warned he was ready to slap tariffs on ……
China reportedly detained a man on terrorist charges because he set his watch 2 hours behind Beijing time
China detained a man of the Uighur ethnic minority because he set his watch to a different time from Beijing, Human Rights Watch has said in a new report. The unnamed man was arrested for…
China Outlaws Large Underground Protestant Church in Beijing
BEIJING — Beijing city authorities have banned one of the largest unofficial Protestant churches in the city and confiscated “illegal promotional materials”, amid a deepening crackdown on China’s “und… ( read original story …)
China’s Top Hotpot Chain Attracts Hillhouse to $963 Million IPO
The Beijing-based firm is offering 424.5 million shares at HK$ … the terms show. Haidilao’s IPO price range values the company at 25.1 times to 30.2 times its estimated 2019 earnings, people with kn… (…
China’s import ban shakes up plastic waste war
Dramatic cuts to the volumes of waste China imports from the rest of the world has “radically accelerated” moves in other countries to ban single-use plastic products such as cutlery, cups and contain… ( read…
HNA, Under Pressure From Beijing, to Sell Its Overseas Empire
One of China’s largest conglomerates intends to sell off the vast majority of overseas investments it made in recent years, including shedding its entire stake in Deutsche Bank AG. In a significant co… ( read…
Central Bank Steps Up Calls for Expanded Credit
The People’s Bank of China on Tuesday invited 14 banks and 29 private companies to discuss ways to address the financing difficulties many small firms face amid Beijing’s deleveraging campaign. Compan… ( read original story…
ADGM signs agreement with Beijing Financial Street Services Bureau
The Beijing Financial Street Services Bureau represents organisations including the People’s Bank of China, China Banking and Insurance Regulatory Commission and the China Securities Regulatory Commis… ( read original story …)
ADGM and the Beijing Financial Street Services Bureau collaborate to support BRI
In particularly, both parties will collaborate on major Belt-and-Road investment and financing projects in Beijing and Abu Dhabi. Representatives from the People’s Bank of China, China Banking and Ins… ( read original story …)
