BEIJING, Jan. 1 (Xinhua) — China’s securities regulator approved 102 initial public offering (IPO) applications last year, down from 401 in 2017, according to industry data. Companies that have compl… ( read original story …)
BUSINESS
China’s factory activity shrinks for first time in two years
China’s factory activity shrank in December for the first time in more than two years, an official survey showed Monday, intensifying pressure on Beijing to reverse an economic slowdown as it enters t… ( read…
Canada Goose Takes Flight On Beijing Store, China Trade Deal Hopes
However, the 2017 IPO has tumbled about 40% from its Nov. 14 peak of 72.27 … according to shoppers who braved the cold to attend the Beijing store opening. “It’s been popular for ages, but…
In fraught 2018 for China and U.S., Chinese IPOs raised billions on U.S. exchanges
In China, the number 8 is an omen of good luck and prosperity. 2018 was lucky for Chinese IPOs, but not so much for their U.S. investors, who instead found an unlucky 13% decline. With…
China factory activity shrinks for first time in over 2 years, 2019 looks tougher
A gauge on overall production fell to 50.8, the lowest since February, from 51.9. New orders – an indicator of future activity – continued to soften, reinforcing views that business conditions in Chin… ( read…
Canada Goose’s first China store draws eager crowds despite diplomatic headwinds
Large crowds have flocked to Canada Goose’s new outdoor wear store in downtown Beijing, its first in mainland China, since its opening on Friday, despite sub-freezing temperatures and a chill in bilat… ( read original…
U.S., China presidents express optimism about possible trade deal following phone conversation
The presidents of the United States and China said their countries are making progress toward a trade deal, offering hope to nervous investors after markets tanked this month on fears of worsening eco… ( read…
Chinese securities regulator approves 3 new IPOs
[Photo/VCG] BEIJING – China’s securities regulator has approved the initial public offering (IPO) applications of three companies. The companies include Ningbo Water Meter Co, Mingyang Smart … ( read original story …)
Nissan to produce 30,000 fewer vehicles in China in coming months as demand weakens, source says
Japan’s Nikkei business daily reported late on Thursday that Nissan plans to cut production at three plants in China, including one in Dalian, where it produces the popular Qashqai and Infiniti QX50 S… ( read…
Muji, Japan’s ‘no brand’ brand, battles copycats in China
BANGKOK/TOKYO — Ryohin Keikaku, the company that runs the Muji chain of household goods stores, is refusing to back down from a long trademark battle in China — a fight that looks unlikely to be…
Chinese companies flooded into the U.S. IPO market in 2018
China-related stocks first felt the pinch of the trade dispute between Washington and Beijing, and got hit further by the recent global sell-off. With an IPO boom based on numbers, there was no mega d……
China allows first-ever U.S. rice imports, signalling improving relations ahead of trade talks
China has opened the door to imports of rice from the United States for the first time ever in what analysts took to signal a warming of relations between the world’s two biggest economies after…
Nissan to produce 30,000 fewer cars in China in coming months as demand weakens: source
Japan’s Nikkei business daily reported late on Thursday that Nissan plans to cut production at three plants in China, including one in Dalian, where it produces the popular Qashqai and Infiniti QX50 S… ( read…