HONG KONG China Tower Corp, which owns and manages the mobile phone towers for China’s three state-owned telecom operators, has invited investment banks to pitch for a role in a Hong Kong IPO worth up…
BUSINESS
Lenovo’s struggling mobile business sets sight on high-end market
A recently announced reorganization of its China business aimed at sharpening the PC brand’s consumer focus comes amid an ongoing effort to tighten its mobile branding and shift the focus to pricier models under its…
In China, Umbrellas and Basketballs Join the Sharing Economy
In its latest iteration, the sharing economy in China has evolved into something like an internet-enabled rental business. Unlike Airbnb and Uber, which provide a platform that connects users to existing resources, the latest sharing…
Lenovo’s struggling mobile business sets sites on high-end market
A recently announced reorganization of its China business aimed at sharpening the PC brand’s consumer focus comes amid an ongoing effort to tighten its mobile branding and shift the focus to pricier models under its…
Hyundai plots China branding reboot after missile row
The measures are aimed at rebooting the South Korean firm’s branding in China, where many see Hyundai as a lower-end maker of city taxis. Hyundai and its affiliate Kia Motors were not long ago ranked…
Safe Sex: Chinese buy condom business as savvy youth spur demand
… it had reached an all-cash deal with China’s Humanwell Healthcare Group Co Ltd and CITIC Capital China Partners for its condoms business. Humanwell declined to comment on its strategy for the Chinese and other…
Business, Beijing style: China ready for deal-making with Trump
While Donald Trump is denigrated in much of the West, the Chinese leadership has taken a distinctly different outlook: it now sees Trump as a transactional, deal-making pragmatist with whom it can do business. The…
Trump just checked Beijing in the South China Sea for the first time — and it’s a risky bet
CSIS/AMTI/DigitalGlobe/Amanda Macias/Business Insider But when a country makes excessive, unlawful maritime claims, as an international court ruled China has done in the South China Sea, the US sends a Navy ship, usually a destroyer, to…
China Moves to Stabilize Currency, Despite Promise to Loosen Control
HONG KONG — China has made a big show of gradually loosening its grip on the value of its currency, an effort meant to mollify critics like President Trump and experts who have long urged…
Chinese regulator greenlights seven IPOs
BEIJING, May 27 (Xinhua) — The China Securities Regulatory Commission (CSRC) has newly approved IPO applications of seven companies, fewer than the 10 applications approved last week. The seven companies will raise no more than…
China securities regulator moves to reduce volatility with new rules
The China Securities Regulatory Commission (CSRC) also appears to have slowed the pace of approval for initial public offerings (IPOs), amid worries that a flood of new listings are sucking up liquidity. CSRC spokesman Deng…
China’s reforms not enough to arrest rising debt, another downgrade possible: Moody’s
The comments came days after Moody’s Investors Service downgraded China’s sovereign ratings on Wednesday by one notch to A1, saying it expects the financial strength of the world’s second-largest economy will erode in coming years…
China’s giant funds industry eyes Dublin as European HQ after Brexit
China’s gigantic $7 trillion funds industry is said to be looking at Dublin as a potential European base in the wake of Brexit. A high-powered delegation of Chinese fund managers was in Dublin yesterday to…