Reuters reported in April that China is creating a consortium, including state-owned oil giants and banks and its sovereign wealth fund, to act as a “cornerstone” IPO investor. As well as New York and London,…
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HNA seeking more arrangers for delayed property IPO
China’s HNA Group, which is having trouble with is REIT IPO in Singapore, has a 20 per cent stake in Virgin Australia. Edwina Pickles HNA Commercial REIT is seeking to add arrangers to its planned…
Weibo History: Everything Investors Need to Know
By 2013, Weibo had roughly 500 million registered accounts, but many of these accounts were bots (or “zombies” as they’re called in China) rather than actual people … Prior to Weibo’s IPO, Alibaba made a…
Week Ahead: Earnings, RBI policy among 10 factors that could impact the market
Two new IPOs to hit the market The upcoming week will also see two … Additionally, the market will watch out for economic data from several nations. For instance, China’s manufacturing and non-manufacturing PMI for…
Chinese Leverage to Kill Petro-dollar
The IPO deal is stalled, possibly since underwriting brokerage … They might hand to the Saudis an over-valued offer on a gilded platter. China has stayed away from any direct involvement in the Yemen War.…
Chinese courier ZTO sued for “untrue statements” in $1.4 billion U.S. IPO
The lawsuit also names ZTO IPO’s smaller underwriters China Renaissance Securities, Citigroup, Credit Suisse and J.P. Morgan. Credit Suisse did not respond to a Reuters’ request for comment while the rest declined to comment. Individual…
Apple removes VPN apps in China to adhere to new rules
China appears to have succeeded in eliminating software programs that enable its people to view an uncensored internet. Companies that let people avoid the government filters said Saturday that their programs have been removed from…
Deltec Asset Management Increases Stake in China Mobile (Hong Kong) (CHL)
Zacks Investment Research upgraded shares of China Unicom (Hong Kong) Ltd (NYSE:CHU) from a hold rating to a buy rating in a research note issued to investors on Wednesday morning. Morgan Stanley cut China Unicom…
China Shows Off Military Might, and Xi Jinping Puts Rivals on Notice
BEIJING — China’s president, Xi Jinping, has opened a public campaign to deepen his grip on power in a coming leadership shake-up, using a huge military parade on Sunday, speeches and propaganda, along with a…
In China, Designer Goods Delivered to Your Doorstep
BEIJING — In China, legions of delivery personnel power the world’s largest e-commerce boom. Known for their careening three-wheeled carts, they terrorize pedestrians and sometimes dump their packages on doorsteps and desks with the delicacy…
China flexes its muscles with military parade
BEIJING — China’s military has the “confidence and capability” to bolster … and system of the party’s absolute leadership over the army,” the official Xinhua News Agency reported. “Always listen to and follow the party’s…
In latest Twitter tirade, Trump targets China, Republican senators
WASHINGTON – U.S. President Donald Trump is tweeting about his disappointments, particularly with China and its lack of action on North Korea. Trump tweets that past American leaders have allowed China to make hundreds of…
China’s Xi calls for building elite forces during massive military parade
It was the first time China has marked Army Day, which formally falls on Aug. 1, with a military parade since the Communist revolution in 1949, state news agency Xinhua said. It was also the…
