Amid farmlands on the outskirts of Beijing, a massive construction site rising above the horizon bustles with activity as 8,000 workers build a new mega airport. Aimed at easing the passenger load of … (…
Monthly Archives For September 2018
Hong Kong’s digital banking push pits tech newcomers against old-guard lenders
Bidders hoping to challenge the dominance of HSBC and its local rivals, Bank of China (Hong Kong) and Standard Chartered , include China’s Ant Financial, Tencent , and Ping An Insur… ( read original story…
China’s Central Bank Faces Tough Task in Guarding Nervous Yuan
September is set to be a hard month for China’s money markets, handing the nation’s central bank the tricky task of adding just enough liquidity without prompting renewed weakness in the yuan. Funding … (…
China’s Meituan Dianping sets HK IPO valuation at up to $55 billion: sources
SINGAPORE/HONG KONG (Reuters/IFR) – China’s Meituan Dianping, an online food delivery-to-ticketing services platform, has set an indicative price range of HK$60 to HK$72 per share for its … ( read original story …)
Conference brings Bournemouth and China closer together
The ‘China Embracing Innovation’ event was hailed a great success with international speakers, civic leaders, and business people from the UK and China among the 150 delegates at the Hilton Hotel. Bou… ( read original…
Restaurant operator Yum China rejects $17.6 billion Hillhouse offer: source
Yum China was spun off from Yum Brands! Inc (YUM.N) in 2016 and listed on the New York Stock Exchange. It is the exclusive licensee of the KFC, Pizza Hut and Taco Bell brands in…
China education: Why some mothers want August C-sections
The state-owned China News Service (CNS) has released a video featuring a “busy scene” of pregnant women at a hospital in the central city of Wuhan. The video prompted thousands of social media commen… (…