HONG KONG As the global market for initial public offerings withered last year amid political turmoil on both sides of the Atlantic, Asia fared relatively well thanks to a flood of new share listings from…
BUSINESS
Many Brands Bought Into China's Mobile Payments Craze, But There Are Holdouts
Many major retailers and brands in China embraced mobile payments while Ikea held out. In December, signs went up at cash registers in a Shanghai Ikea to inform customers that they could now pay with…
AGCO bets big on China
One of the world’s largest farm equipment manufacturers is predicting a bright future in China, and it is putting its money behind that belief. AGCO, parent company of well-known brands Massey Ferguson, Fendt, Valtra, GSI,…
China’s cosmetics and consumer trends in 2017 part I: A change of pace
As China has enjoyed strong growth in recent years to become the world’s second largest market, we spoke to Delon Wang, Manager of Asia Pacific Trends, Mintel, on market research predictions for the nation in…
12 Business Conferences In China You Should Attend
If you’re doing business in China or looking to get into the market, one way to jumpstart your efforts when it comes to learning the lay of the land, forming partnerships, and finding customers is…
Asia-Pacific: Some see Vancouver link in tough new currency rules in China
Andreas Schotter, assistant professor of international business at the Ivey Business School in London, Ont., said the new rules are part of China’s anti-corruption campaign. But they are also a protectionist measure to keep Chinese…
McDonald’s sells control of China business
McDonald’s Corp. has agreed to sell a controlling stake in its China and Hong Kong operations to a group of financial investors in the latest effort by the world’s largest fast-food chain to catch up…
Taco Bell China launches in Shanghai
The restaurant has opened in conjunction with Yum China Holdings, which is the licensee of Yum! Brands in Mainland China. “Leveraging our deep insights into Chinese consumer preferences, developed from close to 30 years working…
Jordan Brand’s New Chengdu Store Is The Largest Jordan-Only Store In Asia
GM of Jordan Brand Greater China said in a Nike News press release. “We look forward to bringing amazing product and personalized services to basketball and sneaker fans in Chengdu and Taipei.” The Jordan Brand…
China IPO Fundraising Set to Jump as State Pushes Debt Reduction
Fundraising from Chinese domestic initial public offerings in 2017 is expected to jump to the highest level in six years, as the government turns to the stock market to help companies reduce debt. The volume…
McDonald's agrees China franchise sale
Under the agreement signed Monday, the US fast food giant will keep a 20% stake in its China business. Citic will hold a 52% share in the partnership while Caryle takes 28% of the new…
Distressed debt manager China Orient to raise $1.5 bln ahead of IPO-IFR
HONG KONG Jan 9 Distressed debt manager China Orient Asset Management Co Ltd plans to raise about $1.5 billion ahead of a planned initial public offering (IPO) in Hong Kong, IFR reported on Monday, citing…
McDonald’s sells most of China, HK business to CITIC, Carlyle for $2.1-billion
McDonald’s Corp has agreed to sell the bulk of its China and Hong Kong business to state-backed conglomerate CITIC Ltd and Carlyle Group LP for up to $2.1-billion, seeking to expand rapidly without using much…
