State-controlled China Tower Corp., which operates almost 99 percent of the country’s wireless towers and charges its three carriers leasing fees, is preparing to raise as much as $8.7 billion in a Ho… ( read…
BUSINESS
Move Over Millennials: Why Brands Should Stop Ignoring China’s Silver Generation
Everyone knows the fastest growing group in China is the millennial demographic, right? Think again. The “silver generation” is actually the fastest-growing group in China, and seniors—a demographic t… ( read original story …)
China Tower seeks $8.7 billion IPO
China’s state-owned China Tower — the world’s largest operator of telecommunications towers — announced Tuesday it will aim for an $8.7 billion initial public offering in Hong Kong, the biggest glob… ( read original story…
China Tower plans $8b IPO in Hong Kong
China Tower, a joint venture handling mobile infrastructure in Chinese mainland, will list on Hong Kong stock market on Aug 8, aiming to raise HK$68.1 billion ($8 billion) with its initial public offe… ( read…
China Tower’s planned $8.7bn IPO the biggest globally in four years
China’s state-owned China Tower – the world’s largest operator of telecommunications towers – announced Tuesday it will aim for an $8.7 billion initial public offering in Hong Kong, the biggest global… ( read original story…
Chinese mobile phone tower operator plans $8.7B IPO
HONG KONG — The state-owned monopoly that operates China’s vast network of mobile phone towers said Tuesday it plans to raise up to $8.7 billion in the biggest global stock offering in four years. Chi……
China Tower eyeing $68b from IPO, sets price range
China Tower, the state-owned wireless infrastructure operator, is seeking as much as HK$68.27 billion in its planned Hong Kong initial public offering, which would be the world’s largest share sale si… ( read original story…
China telco giant could ring up world’s biggest IPO in four years
So-called cornerstone investors are a fixture of the Hong Kong IPO market, especially in public-sector deals. This group includes Alibaba Group, China-focused investment firm Hillhouse Capital Group a… ( read original story …)
Why luxury brands love China’s new ‘Wonder Dads’
We know about China’s self-declared ‘spicy mamas’. But what about modern dads in China, who take a distinctly different approach to raising their children than the fathers of past generations? Luxury … ( read original…
How China’s Currency Could Help It Weather a Trade War, at a Cost
Get the DealBook newsletter to make sense of major business and policy headlines — and the power-brokers who shape them. _____ China has a simple weapon it can use to try and foil President Trump’s…
China shares hit one-month high on stimulus hopes, bonds tire
SYDNEY (Reuters) – Shanghai shares led Asia higher on Tuesday as China touted fiscal action to support the world’s second largest economy, while stellar results from internet giant Alphabet underpinne… ( read original story …)
CEOs Are Starting to Bank Billion-Dollar Bonuses With IPOs
It’s a good time for founders in China to take their startups public, at least by one measure. The concept of an IPO bonus that’s not tied to future performance metrics is unusual because a…
CBME China 2018 Opens with over 4,332 Local and International Brands
SHANGHAI, July 23, 2018 /PRNewswire/ — CBME China 2018 will open its doors on 25-27 July at the National Exhibition and Convention Center. The fair features over 4,332 brands from 3,065 exhibitors at … (…
