Two days ago, China Money Network reported that another Tencent-backed … Tencent Music has filed in early October for a US$1 billion initial public offering (IPO) in America, planning to raise as mu… ( read…
BUSINESS
China’s Huawei to invest 1 billion yuan in cloud business over 3 years
HONG KONG (Reuters) – China’s Huawei Technologies Co Ltd, the world’s largest telecom-equipment maker, plans to invest 1 billion yuan ($145 million) over the next three year to develop … ( read original story …)
Chinese Medical Cosmetology Platform SoYoung Seeks For US IPO
Chinese medical cosmetology platform SoYoung is seeking for an initial public offering (IPO) in the US, putting the company at a potential valuation between US$2 billion and US$3 billion, according to … ( read original…
China trade surplus with US widens to record $34.1B
BEIJING – China’s trade surplus with the United States widened to a record $34.1 billion in September as exports to the American market rose by 13 per cent over a year earlier despite a worsening…
Tencent Music delays $2 billion U.S. IPO due to weak markets: sources
HONG KONG (Reuters) – Tencent Music Entertainment has delayed its planned U.S. initial public offering (IPO) until at least November as the owner of China’s most popular music apps prefers to … ( read original…
China sees a bargain in Canadian crude
With Canadian oil over 60 per cent cheaper than U.S. benchmark West Texas Intermediate and global marker Brent, China’s refiners are being lured to the heavy and sludgy crude. That’s because, apart fr… ( read…
Dao Ventures Launches 2018 US-China Impact Venture Contest
This is a critical moment for the US-China business relationship, and we at Dao Ventures firmly believe that a proactive approach to catalyzing and promoting cross-border collaboration between the two … ( read original story…
BMW becomes first global brand to take control of Chinese venture
The pact shows China’s government is following through on its pledge to open up the economy to foreign ownership after the 50:50 joint-venture rule that has restricted global brands’ access to the mar… ( read…
GAC Motor tops all Chinese brands in J.D. Power Asia Pacific’s China IQS
GUANGZHOU, China, Oct. 11, 2018 /PRNewswire/ — GAC Motor, China’s leading automobile manufacture, has defended its title as the highest-ranking Chinese brand in the latest J.D. Power Asia Pacific … ( read original story …)
Chinese Electric Scooter Start-Up Niu Technologies Seeks $95M In Scaled-Back US IPO
Beijing-based Niu Technologies, an electric scooter start-up, is aiming to raise up to US$95 million in its scaled-backed initial public offering (IPO) in the US. The company is offering 8.3 million A… ( read original…
The world’s top 10 most valuable nation brands
China has maintained its spot as the world’s second-most valuable nation brand, with its worth rising 25 percent to $12.8 trillion, according to the latest Brand Finance Nation Brands report … ( read original story…
The ‘Tesla of China’ IPO’d last month in the US — take a look inside the swanky clubhouses it’s using to try to lure wealthy people to buy its cars
The Chinese electric-car startup Nio, which has been touted as the “Tesla of China,” went public in the US last month. The company is competing with Tesla in China, where the American automaker genera… (…
Briefing: Chinese smart scooter company Niu aims to raise $95 million in US IPO
Smart scooter maker Niu Technologies has announced terms for its US IPO on Tuesday (October 9). The Beijing-based company plans to raise $95 million by offering 8.3 million American depositary receipt… ( read original story…
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