There are three IPOs and two SPACs expected to price this week, the most notable of which is Tencent Music (TME), China’s largest online music-streaming service. Tencent’s long-anticipated IPO is … ( read original story…
Monthly Archives For December 2018
China’s real endgame in the trade war runs through Europe
SCHLOSS ELMAU, GERMANY – Hungarian Prime Minister Viktor Orban recently shared some history with a friend, explaining why he reached out to China’s then-Premier Wen Jiabao in 2011, seeking urgent fina… ( read original story…
China’s Yuan Policy Is a Bad Kabuki Play
(It retreated on Wednesday and again on Thursday after the chief financial officer of Huawei Technologies Co. was arrested in Canada at the U.S.’s request, enraging China.) While we can’t say for sure … (…
China Mobile marches ahead with 5G trials
China Mobile, the country’s largest telecom carrier by mobile subscribers, said on Saturday that it is starting large-scale 5G trials and application tests in 17 cities, including Shanghai … ( read original story …)
‘Jamie’ Qianqian Wu, the fashion trendsetter bringing Australian brands to China
At the Melbourne Cup last month, there were plenty of famous faces downing champagne while draped in expensive threads. However, one face was new. She was dressed to the nines, in an elegant number fr……
Cornerstone IPO: Selling Shares At 400x EPS
Adding $20 million from the IPO, the net asset equals $26 million … Using other companies with assets in China and trading in the U.S., the valuation of Cornerstone seems quite absurd. ( read original…
China takes a step closer to unveiling a new stock market inspired by Nasdaq
At present, the China Securities Regulatory Commission has decision-making control over IPOs. The commission reviews an applicants’ performance in the past years and assesses their earnings potential … ( read original story …)
Tencent Battles With Alibaba For China’s E-commerce Market Plays Out In IPO of Mogu
Market battles between Chinese tech leaders Tencent and Alibaba over China’s fast-growing e-commerce market play a role in the recent U.S. $1.3 billion IPO of Chinese fashion retailer Mogu — the 38th … ( read…
China calls on Canada to free Huawei CFO or face consequences
BEIJING/OTTAWA (Reuters) – China warned Canada on Saturday that there would be severe consequences if it did not immediately release Huawei Technologies Co Ltd’s [HWT.UL] chief financial officer, call… ( read original story …)
China watchdog calls for banks to meet private sector credit demand: China Party journal
BEIJING (Reuters) – China’s banking and insurance regulator is calling for banks to meet credit demand from private firms “to the greatest possible extent”, a top journal of China’s ruling Communist P… ( read original…
China’s November export, import growth shrinks, showing weak demand
BEIJING (Reuters) – China reported far weaker than expected November exports and imports, showing slower global and domestic demand and raising the possibility authorities will take more measures … ( read original story …)
China’s Richest Woman Gets a Promotion at Property Developer Country Garden
Country Garden Holdings Co. elevated Yang Huiyan, China’s richest woman, to co-chair alongside her father, potentially giving her even more power over the nation’s largest residential developer. Yang, … ( read original story …)
BEIJING | China exports weaken ahead of US trade talks
BEIJING — China’s export growth sank in November as global demand weakened, adding to pressure on Beijing ahead of trade talks with Washington. Exports rose 5.4 percent over a year ago to $227.4 billi… (…
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