Brands has a 1-year low of $59.40 and a 1-year high of $75.45. Zacks Investment Research cut Yum China Holdings from a “hold” rating to a “sell” rating in a report on Friday, April 7th.…
BUSINESS
How China beats India hollow in trade and dominates Indian homes, markets and economy
India’s aggressive solar energy targets would mean business worth over $40 billion for component manufacturers over the next five years. China seems to be grabbing most of it. “The US and Europe are taking measures…
Beijing’s unease over online lending puts Lufax listing in limbo
Global IPO volume fell 32 per cent in 2016 to $133bn … To list overseas and take on foreign ownership, Ant would require a waiver from Beijing. Ant owes its current structure as a Chinese…
China stocks regulator approves 9 IPOs to raise $620 mln
SHANGHAI (Reuters) – China’s securities regulator said it has approved nine initial public offerings (IPOs) that aim to raise a combined total of up to 4.2 billion yuan ($620 million). Four of the approved IPOs…
Chinese genomics company BGI makes IPO debut
SHENZHEN, July 14 (Xinhua) — China’s genomics giant BGI made its initial public offering (IPO) Friday on the Shenzhen Stock Exchange, with shares surging by the upper limit of 44 percent shortly after its debut.…
BGI Genomics Announces Pricing of Initial Public Offering
BGI Genomics has been listed on the Shenzhen Chi-Next exchange, China’s NASDAQ-style board of growth enterprises, of the Shenzhen Stock Exchange. The shares began trading on July 14 under the code 300676. The IPO was…
Alibaba-Backed Company Could Turn The Tide For Chinese IPOs in US After String of Busts
Since then, China’s economic growth has slowed down but US investors continue to closely follow large Chinese names. Shares of Alibaba(BABA) are up 42% while shares of JD.com have surged 94.9% since their IPOs in2014.…
After A String Of Busts, The Tide For Chinese IPOs In The U.S. Is About To Change
… IPOs can recreate Alibaba’s story IPOs by Chinese firms have not had much success in gaining popularity among investors in the U.S. since Alibaba three years ago. The weak performances for both China Rapid…
Zhongyuan raises $1bn as Hong Kong clings to IPO crown hopes
The bank, formed in 2014 from the restructuring of 13 struggling institutions in the province, is an example of China’s efforts to consolidate its regional banking systems. On Wednesday it priced its IPO at HK$2.45…
Quality, quantity of IPOs rise on the back of reforms
The Shanghai Stock Exchange expects IPOs to raise 300 billion yuan by this year-end, up 67 percent on-year. Liu Shiyu, chairman of the China Securities Regulatory Commission, said in February that the new registration system…
Foreign nutritional product brands seek new growth strategies in China under more regulated market
The rapidly-growing nutritional products market in China has attracted many foreign brands but their old ways of doing business on the mainland are being challenged in the face of tighter government regulations and the emergence…
China says concerned over tighter German curbs on takeovers
China’s trade and business links with Germany and the European Union have brought real benefits to the peoples and companies of both sides and promoted economic growth, he added. China hopes that Germany and the…
Dear Canadian retailers: China wants your products
Richard Liu is the founder and CEO of e-commerce company JD.com, China’s largest retailer. There is a huge shift happening today among Chinese consumers, and Canadian companies and brands are missing out. That may sound…
