BEIJING – China’s top alcohol brand Kweichow Moutai saw its sales revenue jump by 18.24 percent year-on-year in the first half of this year, according to the company Wednesday. Moutai’s net profit … ( read…
Posts By admin
Shanghai tech board opens door to broad China IPO reform
Such measures are welcome and long overdue. IPO reforms like this have been on Beijing’s radar for over a decade. The first 25 STAR listings are set to raise 37 billion yuan ($5.38 billion ……
Top China LPG Buyer Considers Singapore IPO for Trading Unit
(Bloomberg) — Oriental Energy Co., China’s biggest importer of liquefied petroleum gas, is considering an initial public offering of its trading and logistics unit on the Singapore stock exchange. … ( read original story …)
Shenzhen store draws HK buyers
The Xiaomi (1810) flagship store in Shenzhen has attracted crowds, with half of the people from Hong Kong.The only flagship store in Guangdong province has been open for about two years, and has seen ……
China Investor Beating 98% of Peers Bets on Hong Kong Stocks
(Bloomberg) — Sign up for Next China, a weekly email on where the nation stands now and where it’s going next. After beating almost all rivals in China with 45% return in one equity fund,…
China’s Didi plans to relaunch Hitch service with new safety features
BEIJING/SHANGHAI (Reuters) – Chinese ride-hailing giant Didi Chuxing said on Thursday it was proposing to relaunch its Hitch carpooling service with added safety features, almost a year after … ( read original story …)
China needs technology and Israel can provide it – here’s how
Unlike many other news organizations, we have not put up a paywall … Any Israeli company that wants to go global will have to penetrate China, Tehila Levi-Lati, partner and head of the China and…
China launches STAR, tech stock market to boost industry
They have expanded to include private enterprises but still are dominated by government-owned companies such as PetroChina Ltd. and China Mobile Ltd. Companies such as e-commerce giants Alibaba and JD … ( read original story…
Beijing builds 5,285 5G base stations citywide
A beauty robot serves customers at a 5G+ smart bank, Qinghuayuan branch of China Construction Bank, in Beijing on July 15, 2019. [Photo/IC] BEIJING – Beijing has built 5,285 5G base stations across … (…
Banking and Financial Smart Cards Market | Comprehensive Industry and Vendor Landscape 2022
analyzes and researches the Banking and Financial Smart Cards development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in … ( read original…
Australian fintechs urged to look at the super apps of China to take their business to the next level
A recent editorial collaboration between Knowledge@Wharton and the Swift Institute, “Fintech in China: What Lies Ahead?” highlighted the opportunity Open Banking offers. Wharton School Dean Geoffrey … ( read original story …)
Bank of Korea Cuts Key Interest Rate as Risks to Economy Grow
(Bloomberg) — The Bank of Korea lowered its benchmark interest rate less … said before the decision was announced. The U.S.-China trade war, China’s own economic slowdown and a slump in the … ( read…
U.S.-China Talks Stuck in Rut Over Huawei
Trade negotiations between China and the U.S. broke down in early May … who frequently advocates for business, had urged technology firms to seek those licenses. A spokeswoman for Mr. Mnuchin said, … ( read…
