China Resources Beverage Holdings Co. is seeking to raise as much as $649 million in its Hong Kong initial public offering, one of the city’s largest listings this year.
Monthly Archives For October 2024
China keeps adding countries to its visa-free list
In 2023, the country first started testing a trial visa-free policy in which citizens of European countries such as Austria, Belgium, France, Germany, Hungary, Ireland, Italy, Luxembourg, the …
China’s investors are counting on fiscal stimulus
Returning to their offices and workplaces last week from the National Day break, China’s investing public had just one thing on their minds: the stock market. Within 20 minutes of the market opening, …
China could raise nearly $1 trillion of fresh debt in the next 3 years to revive its economy
Beijing could raise 6 trillion yuan, or $850 billion, by selling treasury bonds over the next three years, sources told Caixin Global.
China Resources Beverage prices IPO with plan to raise circa $608m
China Resources Beverage plans to raise more than $600m from a listing in Hong Kong as the soft drinks maker kicked off its IPO. The offer began yesterday (15 October) for the issuance of about…
Louis Vuitton owner LVMH sales slump on weak China demand, shaking luxury sector
The world’s largest luxury group saw its shares tumble as much as 7.5% Wednesday morning to a two-year low before ticking back up by the afternoon.
EXCLUSIVE: RéVive Skincare Acquired By China-based Conglomerate S’Young Group
The brand, founded by Dr. Gregory Brown in 1997, has changed hands seven years after Tengram Capital Partners acquired it from Shiseido.
China Issues Nuclear Weapons Statement on Anniversary of Atomic Bomb Test
Mao’s remark is the second nuclear statement issued by China in this month. On October 10, Sun Xiaobo, director general of the Department of Arms Control under the Chinese Foreign Ministry, urged …
Trade War with China Would Hurt US Farmers: Report
A new study highlights the risks to American farmers if a United States-China trade war reignites, showing that tariffs would harm U.S. corn and soy producers while benefiting South American …
China’s Xi Makes Rare Visit to Taiwan-Facing Province
China’s leader did not comment on the recent military exercises during his visit to the region, according to the Xinhua News Agency.
Pandover complete: China’s furry envoys arrive in D.C. for a 10-year mission
A pair of giant pandas left China on Monday for the National Zoo, taking up residence in the nation’s capital weeks before the U.S. presidential election.
IPO-bound Waaree Energies flags export challenges to US amid scrutiny over Chinese forced labour concerns
Waaree currently exports 44 percent of its manufactured modules and the US is one of its key markets. The company is planning to set up a 1.6 gigawatt module facility in Houston.
China’s $6.5 Trillion Stock Plunge Nightmare Isn’t Over Yet
If you think Jerome Powell and Kazuo Ueda are having a rough 2024, consider the plight of their central banking counterpart in Beijing.
