The IPO for China’s fifth-largest rural commercial bank by assets consists of 1.58 billion shares offered in an indicative range of HK$4.99-HK$5.27 each, according to a term sheet of the deal seen by Reuters. That…
BUSINESS
Chinese regulator rejects more IPO applications
China’s top securities market regulator has rejected more initial public offering (IPO) applications from companies amid efforts to improve the quality of listed companies and protect the interests of individual investors. The China Securities Regulatory…
Canada beats U.S. in pork sales to China – feet, elbows and all
Canada’s pork sales to China, after a sharp rise last year, exceeded those of the United States in the first quarter of 2017. That’s only happened a handful of times in two decades, according to…
China services sector expands at fastest pace in four months in May: Caixin PMI
BEIJING Activity in China’s services sector expanded at the fastest pace in fourth months in May thanks to a surge in new orders, a private business survey showed, helping to offset worries about unexpected weakness…
Ivanka Trump company seeks new trademarks in China, reviving ethical concerns
They come on top of 36 applications the company filed in China last year. Ivanka Trump’s business, which mostly makes clothing and accessories, says the latest trademark applications were filed to block others from profiting…
Silk Road hub or tax haven? China’s new border trade zone may be less than it seems
Last month at China’s Belt and Road Summit – its biggest diplomatic event of the year – promotional videos about Horgos’ booming economy ran on a loop at the press centre. But Chinese business owners…
Chinese securities regulator rejects more IPO applications
BEIJING, June 4 (Xinhua) — China’s top securities market regulator has rejected more initial public offering (IPO) applications from companies amid efforts to improve the quality of listed companies and protect the interests of individual…
Chrystia Freeland says Canadians detained in China are top priority
“Mr. Trudeau explains all the time why we should be more open with China, that we can do business there … but you know what? It is still a dictatorship and it doesn’t have the…
China sovereign fund buys European warehouse company
BEIJING (AP) — China’s sovereign wealth fund is expanding its presence in Europe by acquiring a warehouse company in a 12.25 billion euro ($13.8 billion) deal. China Investment Corp.’s purchase of Logicor from U.S. investment…
Chinese regulator approves less IPOs
BEIJING, June 3 (Xinhua) — China Securities Regulatory Commission (CSRC) has approved the IPO applications of four companies, fewer than the seven approved last week. The four companies will raise no more than 1.5 billion…
How Donald Trump became China’s brand ambassador
Environmental consequences aside, President Donald Trump’s decision to withdraw the United States from the Paris climate accord, announced on Thursday, looks like one more act of ceding global leadership to China, in the name of…
‘Made In China’ Makes It Tough For Brands To Crack Middle Kingdom
Chinese consumers’ penchant for local brands is proving to be one of the greatest hurdles for international brands in China. According to Andrew Collins, CEO at Chinese media agency Mailman Group, foreign brands have such…
Small E-Commerce Firm Sizzles As It Brings Western Brands To China
The big fry among Western brands know where to turn to burnish their appeal with China’s growing middle-class consumer. They go to Baozun (BZUN), a relative minnow among giant fish in the Chinese internet market.…
