Alibaba shares are up 1.6% this afternoon, while the iShares China Large-Cap exchange-traded fund (FXI) is up 1.2%.Trump’s suggested SEC appointee, Jay Clayton, is a partner with New York law firm Sullivan & Cromwell, which…
BUSINESS
Asia-Pacific IPO market to rebound from weak 2016 on China financial deals
HONG KONG Dec 30 Share sales in Asia ex-Japan are set to rebound in 2017 from three-year lows this year, driven by listings of financial firms in Greater China, including the world’s biggest fintech IPO,…
China Tower IPO, investment from internet giants may boost mainland telecoms expansion
A highly anticipated initial public offering and potential investment from mainland internet giants could give a boost to China’s telecommunications industry next year, driving the efforts of its three incumbent network operators to step up…
China factory activity rises to near four-year high
China’s factory activity picked up more than expected in December as demand accelerated, with output reaching a near six-year high, a private business survey showed on Tuesday, giving the manufacturing sector a solid boost heading…
In China, some Apple users opt for iPhone makeover rather than buy new
Apple did not immediately respond to requests for comment. The U.S. firm posted a third straight quarter of declining iPhone sales globally on Tuesday, and said Greater China revenue slipped 30 per cent to $8.79-billion…
China’s billionaires club of entrepreneurs embarks on cross-Canada tour
Cheng also believes the recent visit by the youthful Trudeau caught the attention of China’s younger generation, which she says is a large market with considerable buying power. Canada’s business community is set to roll…
Govt signs off more slots for China flights
This summer that new upper limit will be close to being reached with flights between Auckland and Christchurch airports and cities in mainland China. New carriers Hainan Airlines and Tianjin will enter the New Zealand…
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