SHANGHAI — Beijing’s tight grip on China’s stock market seems to be … Technology ended their first day of trading on Dec. 4 at 20.48 yuan, 44.02% above the IPO price of 14.22 yuan. On…
BUSINESS
China’s IPO shares set to become worst performers for a second year on increased supply and surveillance
China’s initial public offering shares are on track to become the worst-performing sector this year, as the regulator speeds up new share supply and increases curbs on speculations on new listings. An index of new…
Canadian financial leaders urge patience on free-trade talks with China
But Bill Downe, who retired in November after a decade as Bank of Montreal’s chief executive officer and is advising Canada’s government on trade, believes the conditions for doing business in China are dramatically improving…
China exports growth hits 8-month high, imports defy pollution curbs
China’s exports and imports unexpectedly accelerated last month in an encouraging sign for the world’s second-biggest economy, though analysts expect growth to continue cooling amid a government crackdown on financial risks and polluting factories. As…
‘Made in China’ brand image will take some time to change, Ogilvy says
Chinese companies have found that the road to becoming international brands has been rocky Mainland brands are now more willing to understand consumers in foreign markets, said Scott Kronick, Asia Pacific president and CEO of…
China logs strong exports, imports, as economy gains steam
HONG KONG — China has reported strong growth in both exports and imports in November in a reassuring sign for the world’s second-biggest economy. Figures posted Friday on the customs department website show exports expanded…
China aims to make IPO application process more transparent
SHANGHAI (Reuters) – China’s securities regulator published a set of guidelines for companies applying to make initial public offerings (IPOs), in a bid to be more transparent and stabilize market expectations. The new guidelines, issued…
China Says It’s Open for Business. Foreign Firms Find It’s Not That Simple.
GUANGZHOU, China — The southern Chinese city of Guangzhou on Wednesday welcomed dozens of corporate leaders and foreign dignitaries with one overriding message: China is open for business. The reality on the ground was more…
Lacklustre public interest makes Shandong Trust IPO one of the year’s coolest in Hong Kong
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…
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…
