KE Holdings has filed to raise $1.9 billion from the sale of ADSs in a U.S. IPO. The firm operates a large residential real estate transaction network in China. BEKE is growing impressively, has ……
BUSINESS
More Than 10,000 New Blockchain Companies Established in China in 2020
LongHash said China’s blockchain companies have increased substantially and recorded an all-time high in 2020 despite Covid-19 … ( read original story …)
‘Keep Up The Effort, Learn From Failure, Adapt,’ Says Tech IPO Queen, Kathleen Smith
Renaissance Capital’s Kathleen Smith shares her path to become one of the most respected Wall Street voices on tech IPOs. ( read original story …)
US-China trade war: Why every Chinese phone maker should prepare for the worst
The term “untrusted” is extremely broad, but it should serve as a warning to all Chinese smartphone manufacturers to implement contingency measures right now. All of the rhetoric so far has been … ( read…
IPO Launch: KE Holdings Finalizes Terms For $1.9 Billion U.S. IPO
KE Holdings (BEKE) intends to raise $1.9 billion from the sale of ADSs representing underlying Class A stock in an IPO, according to an amended registration statement. The company provides an online … ( read…
Tencent-backed real estate platform Beike aims to raise US$2 billion in New York IPO even as US tightens noose around WeChat
Despite worsening tensions between the world’s two largest economies and an accounting scandal at a high-profile US-listed Chinese start-up earlier this year, firms from the Asian nation have received … ( read original story …)
Chinese State Grid Launches Blockchain-Based Blackout Insurance Policy
A branch of China’s state-backed grid released its first blockchain-powered blackout insurance policy issued to the chairman of a local company that needed to compensate for a power outage loss … ( read original story…
Apple’s Chinese business could be devastated by Trump’s WeChat ban
President Trump’s executive order banning WeChat could have far-reaching consequences for almost the entire technology industry, thanks to the app’s parent company, Tencent, having investments in … ( read original story …)
Chinese Tesla competitor brushes aside rising Washington-Beijing tensions, files for US IPO
Xpeng Motors, a Chinese rival to Tesla, has filed to list its shares on the New York Stock Exchange (NYSE), becoming another Chinese electric vehicle (EV) startup seeking US listing despite deepening … ( read…
China approves four new IPO applications
A-share market, the China Securities Regulatory Commission (CSRC) said in a statement. It did not specify the total amount of funds to be raised. The companies and their underwriters will confirm IPO … ( read…
Xpeng jump starts New York IPO, raising capital to expand in China and challenge Tesla in world’s largest electric vehicle market
Xpeng Motors brand, has filed confidentially for an IPO earlier this year and has now made its plan and financi … ( read original story …)
China improves business environment to spur economy
The world’s second-largest economy is unswervingly improving its business environment, nurturing fertile ground for the growth of various companies and injecting vitality into the domestic and global … ( read original story …)
WeChat Ban May Cut A Vital Lifeline To Chinese Factories For U.S. Electronics Brands
For many U.S.-based engineering teams who assemble their products in China or greater Asia, WeChat is the messaging platform of choice. This includes many of the largest, most recognizable consumer … ( read original story…
ADVERTISEMENT
