China’s state-owned China Tower — the world’s largest operator of telecommunications towers — announced Tuesday it will aim for an $8.7 billion initial public offering in Hong Kong, the biggest glob… ( read original story…
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China Tower plans $8b IPO in Hong Kong
China Tower, a joint venture handling mobile infrastructure in Chinese mainland, will list on Hong Kong stock market on Aug 8, aiming to raise HK$68.1 billion ($8 billion) with its initial public offe… ( read…
China Tower’s planned $8.7bn IPO the biggest globally in four years
China’s state-owned China Tower – the world’s largest operator of telecommunications towers – announced Tuesday it will aim for an $8.7 billion initial public offering in Hong Kong, the biggest global… ( read original story…
Chinese mobile phone tower operator plans $8.7B IPO
HONG KONG — The state-owned monopoly that operates China’s vast network of mobile phone towers said Tuesday it plans to raise up to $8.7 billion in the biggest global stock offering in four years. Chi……
China Tower eyeing $68b from IPO, sets price range
China Tower, the state-owned wireless infrastructure operator, is seeking as much as HK$68.27 billion in its planned Hong Kong initial public offering, which would be the world’s largest share sale si… ( read original story…
China telco giant could ring up world’s biggest IPO in four years
So-called cornerstone investors are a fixture of the Hong Kong IPO market, especially in public-sector deals. This group includes Alibaba Group, China-focused investment firm Hillhouse Capital Group a… ( read original story …)
EMERGING MARKETS-China stimulus, positive corporate news push up LatAm equities
SAO PAULO, July 24 (Reuters) – Latin American equities rose across the board on Tuesday after China announced dramatic stimulus measures, with Brazil’s benchmark Bovespa index leading gains boosted by … ( read original story…
The Finance 202: China exerts soft power in ZTE win
And Beijing is finding more unconventional ways of getting the … Fiscal policy should now be ‘more proactive’ and better coordinated with financial policy, according to the statement — a signal that … ( read…
China insists U.S. airlines describe Taiwan as part of China
BEIJING — China says there will be “no room for negotiation” in its demand that U.S. airlines describe self-ruled Taiwan as part of China ahead of a deadline this week. Beijing has insisted that carr……
Why luxury brands love China’s new ‘Wonder Dads’
We know about China’s self-declared ‘spicy mamas’. But what about modern dads in China, who take a distinctly different approach to raising their children than the fathers of past generations? Luxury … ( read original…
China’s caffeine war: Fast-growing Luckin brews up a threat to Starbucks
The 42-year-old Chinese entrepreneur says she is betting that her fledgling Luckin Coffee brand will eventually have more cafes in China than Starbucks (SBUX.O), and she has Singapore’s sovereign weal… ( read original story …)
China’s Markets Embrace Risk as Traders Bet Big on Stimulus
The yuan tumbled Tuesday to the weakest in more than a year against the dollar, a day after a record injection of funding to lenders by the People’s Bank of China. And benchmark 10-year government…
How China’s Currency Could Help It Weather a Trade War, at a Cost
Get the DealBook newsletter to make sense of major business and policy headlines — and the power-brokers who shape them. _____ China has a simple weapon it can use to try and foil President Trump’s…
