Yum China was spun off from Yum Brands! Inc (YUM.N) in 2016 and listed on the New York Stock Exchange. It is the exclusive licensee of the KFC, Pizza Hut and Taco Bell brands in…
BUSINESS
China’s Tesla: Why You Should Avoid It
NIO is clearly selling this IPO as buying a stake in the future growth of China’s electric car market. Chinese manufacturers have a clear advantage here, because premium Chinese vehicles sold in … ( read…
Trump to back $200-billion China tariffs as early as next week: sources
He also criticized management of the yuan, saying China has devalued its currency in response to a recent slowdown in economic growth. Companies and members of the public have until Sept. 6 to submit ……
EV startup Nio lowers IPO target
China’s electric vehicle startup Nio submitted supplementary … According to the new filling, the firm seeks its per share price at between $6.25 and $8.25. US-based IPO research company IPO Boutique … ( read original…
Gay dating app Grindr headed for overseas IPO
Beijing Kunlun Tech Co. is planning an initial public offering for the world’s largest gay social networking app. Grindr — a wholly owned unit of the Chinese internet gaming firm — will list … (…
Chinese owner of dating app Grindr plans IPO
The Chinese owners of gay dating app Grindr are planning to take the company public. In a filing on the Shenzhen stock exchange by online games company Beijing Kunlun Tech, the ultimate owners of Grin……
Grindr’s Chinese Owner Plans Overseas IPO for the Gay Dating App
Beijing Kunlun Tech Co. is planning an initial public offering for the world’s largest gay social networking app. Grindr — a wholly owned unit of the Chinese internet gaming firm — will list oversea… (…
China Payment-Services Firm YeePay Is Said to Plan Hong Kong IPO
The Beijing-based company is working with advisers on the possible stock offering, said the people, who asked not to be identified because the details are private. It aims to list shares next year, ac… (…
Despite tensions, China says navy chief plans to visit U.S. next month
BEIJING (Reuters) – China’s defense ministry said on Thursday that navy chief Shen Jinlong plans to visit the United States in September, despite an escalating trade row that threatens to spill into o… ( read…
Chinese Tesla rival NIO revs up US$1.3bn IPO on NYSE
In a filing with the Securities and Exchange Commission, NIO registered an IPO of its American depositary shares … at about half the price of Tesla’s Model X in China. The ES8 is Nio’s first…
Ikea is the latest big brand to feel the heat in China over Taiwan
Ikea is coming under fire in China for how it describes Taiwan, making it the latest in a string of global brands that have fallen foul of Beijing’s political sensitivities. The Swedish furniture … (…
China outbound: CLSA leads Hong Kong’s return to global IPO top spot
Buoyed by a rush of capital out of China and new listing rules designed to entice large Chinese and international technology and biotech companies to list on HKEX, Hong Kong reclaimed the top spot in…
Restaurant operator Yum China rejects $17.6-billion Hillhouse-led offer: sources
and the board decided it provided no extra value or strategy for the business, said one of the people, who requested anonymity as the information is confidential. The $46 per share offer values Yum Ch……