UTime has filed proposed terms for a $17 million U.S. IPO. The firm manufactures low cost mobile phones and accessories. UTME has produced contracting revenue a … ( read original story …)
BUSINESS
EXCLUSIVE-China’s Dada set to upsize its U.S. IPO amid strong demand -sources
China’s online grocery firm Dada Nexus Ltd DADA.O is looking to increase the size of its U.S. initial public offering (IPO) by more than a quarter, people familiar with the matter said on Thursday, as…
Adidas: Business in China Is Bouncing Back Quicker Than Expected
Adidas’ rebound in China is happening at a quicker pace than anticipated. The Germany-based sportswear giant announced today that its sales in Greater China — its first major market “on the road to … (…
Exclusive: China’s Dada expects to price upsized U.S. IPO in middle of target – sources
Chinese online grocery firm Dada Nexus Ltd expects to price its U.S. initial public offering (IPO) at the mid-point of its targeted range and sell more stock than originally planned, according to … ( read…
Chinese peer-to-peer platform Global Internet of People ups share offering ahead of $28 million US IPO
The article Chinese peer-to-peer platform Global Internet of People ups share offering ahead of $28 million US IPO originally appeared on IPO investment manager Renaissance Capital’s web site … ( read original story …)
Chinese trucking company MingZhu Logistics decreases range ahead of $12 million US IPO
MingZhu Logistics Holdings, which provides trucking and logistics services in China, lowered the range for its upcoming IPO on Thursday. The Guangdong, China-based company now plans to raise $12 … ( read original story …)
IPO Launch: UTime Seeks $17 Million U.S. IPO
UTime (UTME) intends to raise $17 million in an IPO of its common stock, per an amended registration statement. The company is a manufacturer of lower cost mobile phones and related accessories for … (…
Liquor distiller briefly breaks banks’ stranglehold on China’s market-cap crown
Baijiu producer Kweichow Moutai swipes crown on an intraday basis on Tuesday as the most valuable company in China. ( read original story …)
Huobi University Looks to Partner with Experts To Reboot Global Blockchain Leadership Program After Covid-19 Pandemic
LONDON, June 4, 2020 /PRNewswire/ — Huobi University, the blockchain education arm of Huobi China is looking to partner with blockchain experts across the world to reboot the Global Blockchain … ( read original story…
Grand Prix Retrospective: When a campaign changes a brand’s trajectory
The Marriage Market Takeover campaign won the Grand Prix at the WARC Prize for Asia Strategy in 2017 and set the luxury skincare brand on a new trajectory in China that it has followed ever…
Adidas’ China Sales Pick Up But Outlook Remains Grim
Chinese consumption is recovering earlier than expected. But it’s unlikely to be quick enough to make a significant difference to dire predictions for this quarter. ( read original story …)
Tencent-backed WeDoctor makes IPO appointment in Hong Kong and writes prescription for digital health care post-pandemic
When Dr Gao Jin’s clinic closed during the coronavirus pandemic she ramped up virtual consultations from home, talking over her laptop with people from across China who were worried they might have … ( read…
Hainan FTZ master plan counts on blockchain
As China tries to turn Hainan into a world-class port, it’s also trying to make the island province into a world-class blockchain hub. ( read original story …)
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