The flagship Xiabuxiabu brand could potentially be a beneficiary of changing consumption trends in the short term, while store format upgrading and potential franchising are the medium-term growth … ( read original story …)
Monthly Archives For October 2020
China to sanction U.S. weapons companies over $1.8 billion proposed arms sale to Taiwan
China is gearing up to slap sanctions on several U.S. weapons manufacturers for their role in a new weapons sale to Taiwan. ( read original story …)
China’s Ant Group to Raise $34 Billion in Record IPO
Ant Group’s long-awaited initial public offering could raise roughly $34.4 billion when the company goes public next week. The IPO will take place on both the Hong Kong stock exchange and the Shanghai … (…
China Market Update: Ant Group’s Term Sheet Released
Hong Kong traders might have enjoyed a nice three-day weekend, but that is not the case for Hong Kong investment bankers as the big news overnight is the release of Ant Group’s IPO term sheets…
China Launches Crackdown on Mobile Web Browser ‘Chaos’
China’s top cyber authority said on Monday it would carry out a “rectification” of Chinese mobile internet browsers to address what it called social concerns over the “chaos” of information being … ( read original…
Ant Challenged Beijing and Prospered. Now It Toes the Line.
The tech giant, which is preparing for a mega I.P.O., has transformed personal finance in China. Regulators have taken notice. ( read original story …)
China’s Ant Group set to raise US$34.5 billion in the world’s largest initial public offering
The world’s biggest IPO showcases China’s lead in digital finance. Users of its Alipay payments app dwarf those of its nearest rival, Palo Alto-based PayPal. ( read original story …)
U.S. Investors Could Be Shut Out from Third Blockbuster IPO
TikTok’s parent reportedly is looking to list the Chinese version of its app in Hong Kong, with U.S. investors also missing out on Ant Group’s initial public offering. ( read original story …)
China’s Ant Group says to raise $34 bn in record IPO
Ant Group, the financial arm of Chinese e-commerce titan Alibaba, said Monday it plans to raise $34 billion in a joint Asian listing, making it the biggest IPO in history. ( read original story …)
Air Travel Returns to Normal in Beijing, China
Air China passenger jets arrive and depart at the Capital Airport in Beijing on Monday, October 26, 2020. Air travel in China has returned to normal as the coronavirus threat has basically been … (…
China sanctioning US military contractors over arms sales to Taiwan, Beijing says
A spokesman for China’s foreign ministry said Monday that Beijing would sanction several U.S. companies over arms sales to Taiwan. Reuters and The Associated Press reported that Zhao Lijian told … ( read original story…
China’s Kashgar had a covid-19 outbreak. Now all 4.5 million residents are being tested.
China is testing all 4.7 million residents of Kashgar in its far western Xinjiang region after the government said it had discovered 138 asymptomatic cases in an outlying area. The outbreak is China’s … (…
Japan and U.S. Begin Major Military Exercise as Concern About China Grows
Japan and the United States on Monday began air, sea and land exercises around Japan in a show of force in the face of increased Chinese military activity in the region. The Keen Sword exercise…
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