Three of mainland China’s five biggest banks have posted improved earnings for 2017, after a national regulatory crackdown on shadow banking drove more borrowers back to traditional lenders. Net annual profits at Industrial and Commercial…
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Kim Jong-un meets China’s Xi Jinping in unofficial Beijing visit
The Chinese government confirmed Wednesday that North Korea’s reclusive leader Kim Jong-un went to Beijing and met with Chinese President Xi Jinping in his first known trip to a foreign country since he took power…
China Unicom Builds its Largest DDoS Protection Cloud with Genie
TAIPEI, Taiwan, March 28, 2018 /PRNewswire/ — Recently, China Unicom has announced to partner with Genie Networks to deploy GenieATM systems on the domestic backbone to build its largest DDoS protection and mitigation system. The…
Kim Jong-un Met Xi Jinping in Secret Beijing Visit, China Says
BEIJING — North Korea’s enigmatic young leader, Kim Jong-un, made an unannounced visit to Beijing, meeting with President Xi Jinping weeks before planned summit meetings with American and South Korean leaders, Chinese Central TV reported…
Kim Jong Un ‘likely’ in Beijing after train visited from North Korea
Speculation is growing that North Korean leader Kim Jong Un has visited Beijing after a diplomatic train arrived from Pyongyang. The train was met with tight security when it rolled into the Chinese capital, and…
Netflix Ally iQiyi Prices IPO; Walgreens, Blackberry Earnings Due: Action Plan
Late Wednesday iQiyi will price its IPO. The so-called Netflix of China will trade on the Nasdaq under the ticker IQ starting Thursday. IQiyi plans to offer 125 million American depository shares at an expected…
WuXi AppTec given green light to raise US$907m in Shanghai IPO
Its IPO follows a steady pipeline of Chinese firms … Both Shanghai and Shenzhen bourses – under the direction of the China Securities Regulatory Commission (CSRC) – have been bending over backwards to lure foreign-funded…
Train believed to be carrying North Korean officials, and possibly Kim Jong-un, leaves Beijing
North Korean leader Kim Jong-un was part of a secretive delegation that arrived in Beijing by train on Monday and left on Tuesday, according to a source familiar with the matter and foreign media reports.…
Mystery train rumored to carry Kim Jong Un leaves China after secretive stay
On Monday, heavy security was reported at the Friendship Bridge on the Yalu River, marking the border between China and North Korea. There was also news of the train transiting several stations on the way…
Beijing 2022 receives boost after Bank of China provides huge cash sum for country’s winter sports
The Bank of China, an official partner of Beijing 2022, has launched its Winter Olympics action plan today by providing CNY ¥30 billion (£3.4 billion/$4.8 billion/€3.9 billion) for Chinese winter sports from now through to…
Sunlands, Latest China Education IPO In U.S., Drops Amid Trade Worries
Sunlands Online Education Group, the latest in a series of U.S. IPOs from Chinese private-sector education companies, slid 3.5% on Friday on its New York Stock Exchange trade debut amid a broad selloff of the…
China’s HNA calls off Swiss listing of airline caterer Gategroup at last minute
Bookbuilding in the Gategroup IPO began this month, with a price range set at 16 to … to 2 billion (francs), and not as much as 2.6 billion. There’s also a certain China discount as…
Train believed to be carrying North Korean officials, and possibly Kim, leaves Beijing
A train believed to be carrying a senior North Korean delegation left the Chinese capital on Tuesday following a dramatic whirlwind visit that some reports said included the country’s leader, Kim Jong-un. The conservative South…