The city is the No. 3 financial centre, according to an international survey of bankers, behind New York and London. It plays a pivotal role in financing for China and was the top location for…
Monthly Archives For July 2019
US-China trade tensions hit Panama Canal revenues
Despite this, Moody’s Investors Service this year upgraded the canal’s credit rating to A1, from A2, citing its strong financial performance since the expansion, and low debt levels. Quijano said the … ( read original…
China imports from U.S. plunge 31 per cent in June amid tariff war
China retaliated with penalty duties and ordered importers to find non-U.S. suppliers. Trump and his Chinese President Xi Jinping agreed in June to resume negotiations. That helped to reassure jittery … ( read original story…
Chinese cloud robotics developer CloudMinds seeks US IPO
NEW YORK – Chinese cloud-based robotics company CloudMinds Inc filed for an initial public offering (IPO) on the US stock market … Founded in 2015, the Beijing-based company operates an open … ( read original…
China’s bank profits to hold steady in 2019: report
The 2018 net profit of commercial banks reached 1.83 trillion yuan. [Photo/IC] BEIJING – Profits of China’s banking sector are expected to maintain steady this year, with faster growth in asset scale … ( read…
Canadian citizen detained in China, Global Affairs confirms
What are the allegations? We need a lot more information,” Houldentold CTV News Channelon Saturday. Tensions between Canada and China have been escalating since the arrest of Huawei executive Meng … ( read original story…
U.S. IPO Weekly Recap: The Calm Before The 10 IPO Storm
went public with a $150 million IPO, $25 million more than it had originally filed to raise. Four companies submitted initial filings this week. Beijing, China-based CloudMinds (CMDS), which … ( read original story …)
Canadian citizen detained in Yantai, China
Global Affairs would not comment on whether the detention is related to the detention by Chinese police of seven foreign teachers and nine foreign students on drug allegations in eastern China. … ( read original…
Conservatives ask CSIS to investigate McCallum’s latest China comments
“Getting that balance right is something that we are taking very seriously.” Since leaving the diplomatic role, McCallum has worked as a Toronto-based advisor on Canada-China business relations. … ( read original story …)
Anheuser-Busch scraps its US$9.8 billion IPO for Budweiser in Hong Kong, scuppering world’s largest fundraising plan of 2019
Anheuser-Busch InBev has scrapped what could have been the largest global initial public offering (IPO) of 2019 in Hong Kong … a brewing company headquartered in Beijing. The lack of institutional … ( read original…
What Does China Huirong Financial Holdings Limited’s (HKG:1290) P/E Ratio Tell You?
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! This article is written for those who want to get better at…
China Unicom Selects Nokia Optical Fronthaul Solution to Power its 4G and 5G Networks in Beijing
Nokia announced that China Unicom has chosen the Nokia optical fronthaul solution to power its 4G and 5G networks in Beijing, supporting the operator’s ambitious commitment to deliver 5G in the 2019 … ( read…
US IPO Weekly Recap: The calm before the 10 IPO storm
3 IPOs During the Week of July 8th, 2019 Issuer Business Deal Size Market Cap at IPO Price vs. Midpoint First Day Four companies submitted initial filings this week. Beijing, China-based CloudMinds … ( read…
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