The confusion stems from China Banking and Insurance Regulatory Commission chief Guo Shuqing’s statement on Thursday that at least a third of new loans should go to private companies, a missive that s… ( read…
Monthly Archives For November 2018
Apple was the top-selling mobile phone brand on Alibaba platforms during Singles Day, beating Chinese rivals
In 24 hours, thousands of brands put massive discounts on their products. The figures provided by the Chinese firm did not provide details on what kind of iPhones were purchased. Huawei, China’s large… ( read…
Australian brands woo shoppers at China’s Singles’ Day sales
Shanghai |Swisse vitamins, A2 milk and Australian beef were amongst the top-selling brands flying off the online shelves during the world’s biggest annual shopping extravaganza over the weekend. But w… ( read original story …)
China says will further open up its economy, slams rising protectionism
“China has opened its door to the world … to relations that has worsened with tit-for-tat tariffs in recent months. Meanwhile, in remarks at a business summit on Monday ahead of this week’s meetings ……
Behind China’s drought of initial public offerings lies 35 exhausted and overstretched regulators
A stock market devoid of IPOs is a stagnant pool. China is in another listing drought, two years after the floodgates of initial public offerings (IPOs) were reopened. So far this year, just 80 compan……
China Steel Website Drops Dual-Class Structure for IPO
Chinese steel trading website Zhaogang.com Inc. is dropping plans to use a dual-class share structure in its Hong Kong initial public offering, people with knowledge of the matter said. Zhaogang.com p… ( read original story…
IPO Update: Weidai Finalizes Terms For U.S. IPO
(Note: Weidai (WEI) is a candidate for inclusion in my personal IPO portfolio.) Hangzhou, China-based Weidai was founded in 2011 to develop and operate an automated cloud-based platform that … ( read original story …)
China Renaissance buyback aggravates IPO botch
HONG KONG, Nov 7 (Reuters Breakingviews) – China Renaissance’s buyback aggravates a botched Hong Kong float. Roughly a month after its pared-down initial public offering, the $1.3 billion boutique tec… ( read original story …)
China’s Ruyi, pretender to LVMH’s throne, plots more ‘affordable luxury’ deals
HONG KONG/BEIJING (Reuters) – China’s acquisitive apparel firm Shandong Ruyi is targeting more global deals involving “affordable luxury” brands, under a push to establish the first high-end … ( read original story …)
China won’t set targets for individual banks’ loans to private firms: state media
BEIJING (Reuters) – China will not set specific targets for each bank on how much loans should be given to private firms, and banks’ credit assessment standards will not be compromised, state-owned Ch… ( read…
In China, Desperate Patients Smuggle Drugs. Or Make Their Own.
Sui-Lee Wee has been a correspondent for The New York Times in the Beijing bureau since October 2016. She covers business in China, Chinese consumers, health care and the intersection of demographics … ( read…
China calling: the new frontier for smartphone brands
China is not only the world’s biggest smartphone market by sales volume, it is also the most unique. Dominated by homegrown brands Huawei, Oppo, Vivo and Xiaomi, which together account for more than 6… (…
China property: if they tell you it’s a bear market, it’s bull
In a city, and a country, where the bizarre often feels commonplace, and the commonplace bizarre, the South China Morning Post runs some eye-catching headlines. Just in the last week we have had polic… (…
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