PPDAI’s IPO application comes after online credit firms Hexindai Inc … while PPDAI has stakeholders like Sequoia Capital, Lightspeed China Partners and Legend Capital. ( read original story …)
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Qingdao Port looks to raise $1.28bn from Shanghai IPO
The IPO is still waiting for final approval from China Securities Regulatory Commission. Following the IPO, Qingdao Port will be listed on both SSE and Hong Kong Stock Exchange (HKSE). In January, Cosco Shipping Ports…
Beijing just unveiled its new $12 billion airport that will open in 2019
The inner view of the terminal hall of new Daxing Airport constructed on the outskirts of Beijing Thomson Reuters BEIJING (Reuters) – China’s capital unveiled the “shining example” of its 80 billion yuan ($12 billion)…
China cbank chief surprises with gravity-defying 7 percent H2 growth forecast
SHANGHAI/BEIJING (Reuters) – China’s central bank governor said the economy could grow 7 percent in the second half of this year, accelerating from the first six months and defying widespread expectations for a slowdown. The…
Chinese local finance offices sharpen their teeth after Xi orders crackdown on scammers
While the ongoing change is not designed to create new agencies, it is a key stage in the process of forging a new financial oversight system that values control and risk prevention over development and…
China’s central bank surprises with gravity-defying 7% growth forecast
Other data on Thursday is expected to reinforce the view that China is still in high gear, with growth in industrial output and retail sales seen accelerating while fixed investment may hold at a roughly…
Beijing proudly unveils mega-airport due to open in 2019
BEIJING (Reuters) – China’s capital unveiled the “shining example” of its 80 billion yuan (£9.1 billion) new airport on Monday, tipped to become one of the world’s largest when it opens in October 2019 amid…
China Central Bank Chief Surprises With Gravity-Defying 7 Percent Second Half Growth Forecast
SHANGHAI/BEIJING — China’s central bank governor said the economy could grow 7 percent in the second half of this year, accelerating from the first six months and defying widespread expectations for a slowdown. The uncharacteristically…
Beijing targets average life expectancy of 83.4 by 2030
Beijing’s government has set a target of raising residents’ average life expectancy to 83.4 years by 2030. The Chinese capital city’s life expectancy was 82.03 in 2016, which is 4.57 years higher than that in…
China Set to Overtake Hong Kong as Thai Property Developer’s Top Foreign Market
Sansiri Pcl, one of Thailand’s largest property developers by sales, sees China becoming its biggest foreign revenue source as early as this year, the latest sign that the world’s largest property-buying binge is undimmed by…
Spirent, China Mobile to explore best practices in 5G C-RAN project
NEW DELHI: Spirent Communications said that it has signed an agreement with the China Mobile for 5G Joint Innovation Center Project. As part of the first phase of the 5G C-RAN project, Spirent and the…
Spirent Joins China Mobile In 5G C-RAN Project
Test and measurement firm Spirent Communications has signed an agreement with China Mobile to partner with the China Mobile 5G Joint Innovation Center Project. As part of the first phase of the 5G C-RAN project,…
China’s bankers and traders turn to WeChat to make deals
The People’s Bank of China and the securities regulator did not immediately respond to faxes seeking comment on the use of personal messaging apps for financial business. China Foreign Exchange Trade System, a unit of…
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