Related: Amazon brings Prime to China “We could receive a notice from regulators at any time asking us to shut down such services,” said a message sent out Monday by Beijing Sinnet Technology, the Chinese…
Posts By admin
Climate Shifts Aren’t Limited to the Weather
China takes governing seriously — in a cruel way and in an impressive way. Its leaders wake up every morning and ask themselves two questions. First, how do we stay in power? Their answer, which…
Baidu competitor says to focus on AI as it plans U.S. IPO
HONG KONG (Reuters) – China’s second-largest mobile search engine Sogou … Sogou declined to comment on the possible size of the IPO. Wang told Bloomberg in an interview in January that Sogou was targeting a…
Saudi Aramco IPO Pits London Against New York
Read more: A QuickTake explainer the world’s biggest IPO Aramco sells two-thirds of its oil to Asia, with China one of its biggest buyers. The company has a refining joint venture in Fujian, China, and…
London and New York in race to grab $100 billion Saudi Aramco IPO
This close involvement could work in favor of a listing in Hong Kong, home to China’s largest bourse that accepts IPOs by companies based in other countries. China Investment Corp., the nation’s sovereign wealth fund,…
Aramco pits London against New York as Saudis pick venue for IPO
This close involvement could work in favour of a listing in Hong Kong, home to China’s biggest bourse that accepts IPOs by companies based in other countries. China Investment Corp., the nation’s sovereign wealth fund,…
A walk through the IPO sponsor minefield
One of them, China Everbright Capital, even appeared twice on this “name and shame list”, in both cases for larger, main board listings (the IPOs of China Huitong Finance Holdings and AMTD Strategic Capital Group,…
Coal mining company mentions Trump 13 times in IPO filing
The White House plays a starring role in Contura’s IPO paperwork. “Trump” is mentioned 13 times in … Met coal prices spiked to a record in November after China cut production to ease a glut.…
China’s LeEco says in talks with China Construction Bank to resolve loan repayment
Leshi acknowledged in its statement that its delay in paying back the 50 million yuan loan had caused a Beijing branch of the bank to undergo risk prevention efforts on the loan. Local media had…
China’s FX regulator joins fight to shut problematic offshore M&A
Beijing is investigating fraudulent declarations of domestic … additional approvals from the regulators for these types of transactions. In June, China’s bank regulator ordered domestic lenders to assess the “systemic risk” presented by “some ……
China central bank finds 40 banks in violation of rules
BEIJING: China’s central bank has found 40 banks in violation of interbank account regulations and have ordered them to rectify the problem within three to six months, financial magazine Caixin reported on yesterday, citing a…
M&A Bankers Miss Two Chinese Banquets
Citigroup Inc. and Bank of America Corp.’s Merrill Lynch unit — also in the … You only have to look across the water to Macau to see that Beijing’s crackdowns often have a short shelf-life,…
Economic Watch: China takes bigger steps on financial opening up
BEIJING, Aug. 2 (Xinhua) — China has quickened the pace of … local government bonds, policy bank bonds and commercial bank bonds. “The Bond Connect is conducive to the internationalization of the mainland’s financial market…