Derek Scissors, a China scholar at the American Enterprise Institute, a business-oriented think tank in Washington, said the move was a “reasonable trade step,” but taken years too late. ( read original story …)
BUSINESS
China’s securities watchdog approves 3 new IPOs
Under the current IPO system, new shares are subject to approval from the CSRC. [Phoro/IC] BEIJING – China’s securities regulator has approved the initial public offering (IPO) applications of three c… ( read original story…
Puyi IPO: Risky Chinese Wealth Management Business
The list of recent IPOs of Chinese small cap companies is large. Source: Prospectus Founded in 2010, Puyi offers wealth management, corporate finance and asset management services in China. ( read original story …)
China says Canada’s Huawei arrest has ‘aroused public anger’
China blamed Canada for fanning public outrage by arresting Huawei Technologies Co. executive Meng Wanzhou earlier this month, as Beijing continued to ramp up pressure on the U.S. ally. “The Canadian … ( read original…
Proya Upgrades Brand: 15 Years of Dedication Makes it the Chinese Classic
the company set up a network of franchise counters in shopping malls throughout China in a move to get the new personal care product line off the ground, then, from 2008 to 2012 quickly raised…
Chinese streaming service Tencent Music climbs in trading after $1.1-billion IPO
Despite the gain, Tencent Music’s less-than-optimal IPO pricing doesn’t bode well for mainland China companies considering their own coming-out parties, and follows recent lackluster debuts by the lik… ( read original story …)
Chinese detentions raise fears of Canadian business chill, rethink of travel plans
… after Canada detained a high-ranking Chinese business executive have prompted some Canadian business leaders to think twice before going to China on business. The detention of Huawei CFO Meng Wanz… ( read original story…
A Weakened China Tries a Different Approach With the U.S.: Treading Lightly
The detained executive is a daughter of one of China’s most admired business leaders. She helps run a company, Huawei, at the center of a global race to dominate the next generation of telecommunicati… (…
China’s Tencent Music jumps in U.S. debut
The IPO raised $1.1 billion in proceeds and is one of the largest … plans until November in a market weakened by trade tensions between the United States and China. It finally launched its hotly-ant……
China makes first major U.S. soybean purchases since Trump-Xi meeting
“China was buying right out of the gate this morning. It looks like we’re back in business now,” the second trader said. The soybeans are expected to be shipped from grain terminals in the U.S.…
China brands are the next draw for local shopping malls, says Chinese developer
Future Land Development Holdings, the eighth-largest mainland developer by sales, is upping its ante on indigenous brands to bolster its commercial property business with plans to double the number of … ( read original story…
China may scrap ‘Made in China’ policy, allow more access for foreign companies: report
A media report suggests Beijing is scrapping its “Made in China” industrial policy criticized by the Trump administration in favour of one that allows greater access for foreign companies. The Wall St… ( read original…
Canada Goose is getting hammered by China’s anger over the Huawei arrest
Other Canadian brands with a strong presence in China, such as IMAX Corp. and Tim Hortons Inc., haven’t seen significant share moves or been singled out for boycotts. China accuses Canada of … ( read…
