China Literature listing expected to leave ZhongAn’s IPO in its shadow Its record however was quickly and easily surpassed by China Literature, the mainland’s largest online publishing and e-book site, which has just completed its…
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China’s central bank chief lays out plans to avert future financial crisis
China’s central bank chief has set out his strategy to prevent a future financial crisis by calling for broadened equity funding and direct finance to reduce corporate leverage and eliminate “zombie” companies, official media reported…
US IPO Week Ahead: China’s #2 search engine leads busiest week of 2017 with 10 IPOs
REIT focused on US suburban office and flex real estate. Hat-trick from China: Search, loans and education Sogou ( SOGO) is China’s second-largest provider of mobile search, a multi-billion-dollar market. It is also the fastest-growing,…
China approves 5 IPO applications
BEIJING, Nov. 4 (Xinhua) — China’s securities regulator has approved IPO applications from five companies, which will raise up to 5.4 billion yuan (about 814 million U.S. dollars) in the A-share market. Two companies will…
China border traders losing money amid N. Korea sanctions
China continues to be a key source of food and fuel aid to … The sanctions have also blacklisted a number of firms in the extraction and financial industries, imposed travel bans and frozen the…
One of China’s most powerful CEOs believes the future of US industry lies in the Middle Kingdom
As China has opened up, the symbolism that once connected it to many nations around the world has been replaced by new business partnerships, economic ties, and cultural exchanges. This new era of what I…
China’s financial planning platform: Jianpu Technology sets terms for $214 million US IPO
Jianpu Technology, which provides a wealth management platform in China, announced terms for its IPO on Friday. The Beijing, China-based company plans to raise $214 million by offering 22.5 million ADSs at a price range…
China Search Engine Company Sogou Ready For $540 Million IPO
Beijing-based Sogou, which is also backed by Tencent Holdings … Sogou considers its strategic strength to be its prowess in artificial intelligence. It expects the IPO to reap $501 million in net proceeds, which it…
China blasts US for ban on bank over N Korea ties
Beijing has blasted Washington for excluding China’s Bank of Dandong from the US banking system over allegations of collusion between the bank and the North Korean government. In June, Washington alerted firms that it was…
China: We’re the world’s ‘new role model,’ and Trump needs to prove he can be ‘constructive’
China is calling for constructive dialogue and negotiations ahead of the President Donald Trump’s visit to Beijing next week as the world’s second-largest economy balances practical diplomacy with its own growing assertiveness. Chinese Foreign Ministry…
Beijing on smog alert as choking winter looms
Beijing has issued its first orange smog alert ahead of the winter when air pollution levels usually soar in northern China as power is ramped up to fuel central heating systems. The orange alert, the…
Tencent’s China Literature $1.1 Billion IPO Speaks Volumes About Value of IP in China
In China, a whole new industry chain surrounding online literature IPs is taking form and now involves music, games, TV dramas, and movie production. China Literature has raised $1.1B after pricing its Hong Kong IPO…
China Mobile (CHL) Upgraded to Hold from a Sell
China Mobile Ltd (NYSE:CHL) is a constituent of the 21 company Wireless Telecommunication Services GICS industry group, which is a segment of the 67 company GICS Telecommunication Services sector. CHL has a market value of…
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