Like thousands of individual investors in Hong Kong and across China, the 35-year-old software developer was desperate for a piece of Ant Group Co’s initial public offering (IPO). His brokerage was … ( read original…
Monthly Archives For October 2020
Mainland China reports 33 new COVID-19 cases vs 25 a day earlier
Mainland China reported 33 new COVID-19 cases on Oct. 30, up from 25 a day earlier, the country’s national health authority said on Saturday. ( read original story …)
Ant’s IPO attracts record $4 trillion in retail orders
HONG KONG • The biggest initial public offering (IPO) of all time has unleashed an investor frenzy … huge amounts of capital without tapping American markets, a win for Beijing as it tries to reduce…
Mainland developer Sunac China’s property management arm seeks at least US$1 billion in Hong Kong IPO, say sources
“Although developers would continue to spin-off and list their property management arms given the current tight credit [in China], we believe these potential IPOs would likely be priced at a discount … ( read original…
Get ready for increased Chinese intellectual property theft
But where that isn’t possible, China will rely on its division-size formations of People’s Liberation Army cyberspies to steal U.S. intellectual property. People’s Liberation Army and Ministry of … ( read original story …)
China Aims for Sustained, Healthy Growth in the Five Years to 2025
China is targeting sustained and healthy economic development in the five years to 2025, with an emphasis on a higher quality of growth, the official Xinhua news agency said on Thursday, citing the … (…
China’s Xinjiang Region On Lockdown Amid Report Of New Cluster Of Coronavirus Cases
China’s Xinjiang Region On Lockdown Amid Report Of New Cluster Of Coronavirus Cases China has reported a cluster of coronavirus cases in the western region of Xinjiang. The region is taking a … ( read…
Kontoor Brands CEO: ‘We played offense” during the pandemic
In the latter stages of the quarter, that included introducing the Lee brand at 2,000 Walmart stores, where the company already sold Wrangler. Kontoor has also executed a delayed soft launch in China … (…
Mom-and-pop investors bid record $3 trillion for Ant Group’s IPO
Retail investors placed bids for a record $3 trillion of shares in Ant Group Co Ltd’s dual listing in an unprecedented show of interest by mom-and-pop savers betting on demand for its … ( read…
Coronavirus: China offers US$4,500 reward for information about illegal foreigners
Authorities in southwest China are offering rewards of up to 30,000 yuan (US$4,500) for information about foreigners living, working or travelling illegally in the region, as part of efforts to curb … ( read original…
China’s operators see slight growth, 5G users up
Three Chinese operators steer a steady course in the first three quarters of the year with moderate revenue growth. ( read original story …)
UK to showcase over 100 brands in China International Import Expo
LONDON, Oct. 30 (Xinhua) — More than 100 British brands will be showcased in the upcoming China International Import Expo (CIIE) as Britain and China “share a global outlook” and London sees the … (…
New Zealand oral care brand thinks big on China market in CIIE
“China is the world’s largest consumer market. It is also the world’s most diversified and inclusive market which gives platforms and opportunities to potential new brands like us. Chinese consumers … ( read original story…