China’s Shandong International Trust makes history, raising up to US$450m in Hong Kong IPO Five cornerstone investors – Jinan Finance Group, ICBC Asset Management Scheme Nominee, Shandong Development and Investment Holding Group, China Merchants Bank…
BUSINESS
Survey: US firms losing confidence in China business climate
HONG KONG — A survey finds that U.S. companies in China are seeing their sales improve but are frustrated by policies and regulatory barriers that block better access to the country’s lucrative market. The U.S.-China…
China’s Xiaomi seeks bank pitches for 2018 IPO: Report
HONG KONG: Chinese smartphone maker Xiaomi Inc has asked banks to pitch next Friday for an initial public offering in 2018, people familiar with the plan told Reuters. Xiaomi was valued at $46 billion in…
Exclusive: China’s Xiaomi seeks bank pitches for 2018 IPO – sources
HONG KONG (Reuters) – Chinese smartphone maker Xiaomi Inc has asked banks to pitch next Friday for an initial public offering in 2018, people familiar with the plan told Reuters. Xiaomi was valued at $46…
US appeals court brings back IPO case against Alibaba
The case hinges on a claim that the firm didn’t let investors know about a warning it had received from the Chinese government just before its 2014 IPO. The 2nd U.S. Circuit … firm did…
Funko Looks to Rebound From IPO Meltdown With Overseas Push
In China, the world’s second-largest economy … The CEO chalked up Funko’s IPO woes to investors struggling to understand its story. The bankruptcy of Toys “R” Us in September — and the struggles of major…
China’s Lufax picks banks for up to $5 bln Hong Kong IPO – IFR
HONG KONG, Dec 5 (Reuters) – Chinese online wealth management firm Lufax has hired five banks to work on an up to $5 billion Hong Kong initial public offering, IFR reported, citing people familiar with…
Tencent affiliates IPO spree to continue into next year
Its online reading unit China Literature has raised US$1.1bln after pricing its Hong Kong IPO at the top of its range early in November. China’s first online-only insurance company Zhong An, in which Tencent holds…
China’s megacity dream spurs Hebei Construction IPO
Hebei Construction Group on Monday launched a Hong Kong initial public offering, becoming the first company to tap investor interest in China’s ambitious Xiongan special zone plan. The company hopes to raise between HK$1.9 billion…
Canada a good place for foreign investment, PM tells business leaders in China
GUANGZHOU, China — Prime Minister Justin Trudeau is selling Canada as good place for foreign investment at a major conference of international business leaders in the southern Chinese city of Guangzhou. Trudeau is addressing the…
Canadian business will benefit from Trudeau’s China trip
A former diplomat, Colin Robertson is vice-president and fellow at the Canadian Global Affairs Institute. Prime Minister Justin Trudeau’s China trip may not have netted the expected free-trade talks, but Canadians should be satisfied on…
China’s budding coffee culture propels Starbucks, attracts rivals
speaking at the launch of Starbucks’ first overseas “Reserve Roastery” – an opulent flagship store with gourmet coffees and a bakery – said China was on track to be “bigger, more powerful and more significant”…
China’s Top 10 Luxury Lingerie Brands
Crackdowns on corruption and ostentation by a government uneasy about China’s growing inequalities have dampened consumers’ appetites for conspicuous logos and dazzling jewelry. Concealed beneath their clothes, however, lingerie has become a means for ……
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