However four out of the five biggest IPOs this year are now trading below their offer prices. Telecoms tower operator China Tower, which ranks as the world’s largest listing by funds raised this year, ……
Monthly Archives For November 2018
China Bank injects P40M into MCBL
CHINA BANKING Corp. (China Bank) will be infusing additional capital into its insurance unit to support business expansion, the lender said yesterday. In a disclosure, the Sy-led bank said its board o… ( read original…
WeChat to boost Kenya-China trade
Kenya-based bank Family Bank Limited has teamed up with London-based financial technology firm SimbaPay to launch an instant money transfer service from Kenya to China through WeChat, a service that w… ( read original story…
China’s electric vehicle monitoring raises surveillance fear
China has called upon all electric vehicle manufacturers in … Associated Press researcher Chen Si contributed from Shanghai and Business Writer Yuri Kageyama contributed from Tokyo. ( read original story …)
Beijing Is Pushing Hard To Influence U.S. Views Of China, Report Says
Beijing is mounting an aggressive influence campaign targeting multiple levels of American society, according to a report published Thursday that is written by some of the top China experts in the U.S … ( read…
South Korea Charges 11 With Selling Samsung Technology to China
(Bloomberg) — South Korea charged nine people and two companies of illegally selling Samsung Electronics Co.’s bendable screen technology to a Chinese rival. The chief executive officer of a Samsung … ( read original story…
Beijing-based VC firm says it’s adjusting strategy amid trade friction
A Beijing -based venture capital firm said it is adjusting its investment strategy amid a “hard reset” in the relationship between the U.S. and China. “Certainly, events like the banning of selling co… ( read…
China’s fintech revolution is potentially ‘a very big risk,’ says finance president
The sheer number of fintech firms setting up in China has the potential to become “a very big risk,” according to the president of financial investment platform Phoenix Finance. Speaking at CNBC’s Eas… ( read…
In China, your car could be talking to the government
Tesla is not alone. China has called upon all electric vehicle manufacturers in China to make the same kind of reports — potentially adding to the rich kit of surveillance tools available to the Chine……
Experts say China’s huge investment in clean energy offers more business, finance opportunities
NEW YORK – China’s massive renewable energy investments have made the country lead the world in promoting clean energy and green finance, creating business opportunities, experts said here Tuesday dur… ( read original story …)
China Promises Foreign Investors With Greater Market Access—Again
China is trying to entice foreign investment … open the services sector, especially the financial sector, wider, and create a more appealing investment environment,” according to Reuters … ( read original story …)
China rushes to launch rival to GPS
“China’s BeiDou is the world’s BeiDou … In GPS satellites, they also measure time internationally, keeping global financial markets in sync by standardising and verifying the timing of transactions … ( read original story …)
India to export fish meal, fish oil to China: Commerce Ministry
India’s trade deficit with China has increased to USD 63.12 billion in 2017-18 as against USD 51.11 billion in the previous financial year. China has earlier permitted imports of rice from India. Soft… ( read…