Food and drink, not fashion, is increasingly driving traffic into malls in China. With the soaring popularity of online shopping, developers have been forced to get creative in giving consumers reasons to visit brick and…
BUSINESS
iPhone assembler Foxconn readies China’s biggest IPO since 2015
BEIJING (BLOOMBERG) – Hon Hai Precision Industry Co is racing … as the government courts a long under-represented sector. “The size of the IPO should be pretty close to what’s disclosed in the prospectus,” said…
iPhone assembler Foxconn readies China’s biggest IPO since 2015
BEIJING (BLOOMBERG) – Hon Hai Precision Industry Co is racing … as the government courts a long under-represented sector. “The size of the IPO should be pretty close to what’s disclosed in the prospectus,” said…
China Fast-Tracks IPO Approval for Foxconn Unit
SHANGHAI—A fledgling unit of Taiwanese electronics manufacturer Foxconn Technology Group jumped to the front of the queue of Chinese companies waiting to go public, showing how China is moving quickly to allow select technology stalwarts…
Breakingviews – China courts tech and Taiwan with Foxconn IPO
The speedy approval shows Beijing is serious about luring tech giants onto mainland exchanges. Companies hoping to list in China must brave a tedious and unpredictable application process. For the 400-plus outfits waiting in line…
What’s driving the 2018 wave of tech IPOs from China
This year is off to a rousing start for Chinese tech companies listing overseas, with multiple companies already planning to go public in Hong Kong, and US$110 million raised and nearly US$2 billion filed for…
China’s top smartphone brands narrow the gap with Samsung in Southeast Asia
If there seems to be more people using Chinese smartphones in the streets of Kuala Lumpur, Jakarta or Manila, that is because these brands now collectively outsell Samsung Electronics, the long-standing market leader in Southeast…
Foxconn gets China go-ahead for Shanghai IPO of subsidiary
SHANGHAI (Reuters) – China has approved the Shanghai listing of an internet and industrial-focused subsidiary of Taiwan’s Foxconn, which the world’s largest contract electronics manufacturer hopes will help fund new projects. Foxconnn, whose clients ……
Exclusive: China Resources Beer in talks to acquire Heineken’s China business – sources
HONG KONG (Reuters) – China Resources Beer (Holdings) Co Ltd is in talks to acquire Heineken NV’s China business in a deal that could be worth more than $1 billion, as the country’s largest brewer…
China enlists Foxconn unit IPO in unification campaign
BEIJING/SHANGHAI — The fast-tracked approval process for the … Foxconn Industrial is seen raising 27.3 billion yuan ($4.3 billion) through the IPO. The purpose of the listing is “to expand our presence in the China…
Trade wars ‘harm the initiator’: China’s foreign minister just fired a warning shot at the US over Trump’s tariffs
China’s foreign minister Wang Yi said on Thursday that history shows trade wars harm the initiator as well as the target. Speaking at China’s annual legislative meeting, Wang said that if a trade war were…
China’s February exports surge, trade surplus widens
BEIJING — China’s exports surged in February while its politically sensitive trade surplus widened amid mounting tension with Washington. Exports rose 44.5 per cent over a year earlier to $171.6 billion, accelerating from January’s 11.1…
“Death by China” economist ascendant as Trump pushes tariffs, hits China
WASHINGTON (Reuters) – An economist who believes that Chinese goods are literally poisoning Americans, advocates ending Washington’s “One China” policy and says trade deals have weakened the United States economically with the connivance of U.S.…
