HONG KONG (Reuters) – China Literature Ltd, China’s largest online publishing and e-book company, launched an initial public offering for up to $1.1 billion on Monday, seeking funds for acquisitions and to expand its digital…
BUSINESS
Qudian’s New York IPO underlines appetite for China’s fintech
Qudian, one of China’s largest online lenders, had a debut to remember on the New York Stock Exchange this week. Its shares closed up 22 per cent, making a multi-millionaire of founder and chief executive…
China says jobless rate lowest in years, but challenges persist
BEIJING (Reuters) – China’s unemployment rate has hit its lowest point in multiple years at 3.95 percent by the end of September, but employment still face challenges as the economy pushes ahead with structural reforms,…
China’s jobless rate lowest in years, but challenges persist
China’s unemployment rate has hit its lowest rate in multiple years at 3.95 per cent by the end of September, but employment and social security still face challenges as the economy pushes ahead with structural…
Here are the benefits and challenges of working in China’s growing tech scene
China, India, and Southeast Asia have all shown their great ambition as well as fast growing competence in the tech industry. Each of them enjoys a large population with numerous emerging needs in internet business.…
Banks Picked for Sinochem IPO – Sources
The IPO plan also comes amid Beijing’s latest push to revive its bloated state-owned enterprise sector via the so-called mixed-ownership reforms by injecting private capital into state enterprises. “Our people are preparing for it (IPO)…
China’s auto brands poised for the Next Big Leap
The most striking aspect of Chinese President Xi Jinping’s speech in Beijing on Wednesday was its astonishing length at over three hours, which got attention on social media. Yet, the significant aspect about his address…
Sinochem taps banks for Hong Kong IPO of oil assets: sources
The IPO plan also comes amid Beijing’s latest push to revive its bloated state-owned enterprise sector via the so-called mixed-ownership reforms by injecting private capital into state enterprises. “Our people are preparing for it (IPO)…
Sinochem taps banks for Hong Kong IPO of oil assets
The IPO plan also comes amid Beijing’s latest push to revive its bloated state-owned enterprise sector via the so-called mixed-ownership reforms by injecting private capital into state enterprises. “Our people are preparing for it (IPO)…
Alipay, WeChat and Android are top brands Chinese consumers cannot live without
“But In China, where ambitions are huge but social regimentation keeps people from [expressing themselves or] realising their ambitions, people project a lot of their emotions onto their digital selves. “So that’s why I think…
UPDATE 1-Shanghai Pharma bids for U.S. Cardinal Health’s China business
* Shanghai Pharma makes two non-binding bids for Cardinal China * Cardinal China had revenue of more than $3.5 bln last year (Adds Lazard declined comment) By Julie Zhu HONG KONG, Oct 18 (Reuters) -…
Shanghai Pharma says bid for U.S. Cardinal Health’s China business
HONG KONG, Oct 18 (Reuters) – Shanghai Pharmaceuticals Holding Co said it has bid for Cardinal Health Inc’s China business, as the U.S. drug distributor looks to exit over worries China’s upcoming drug distribution reform…
China’s first space station is doomed — but objects inside of it may reach the ground unharmed
China recently told the United Nations that Tiangong-1 could … who works for the Aerospace Corporation, told Business Insider. “So basically, the heating will just strip these various layers off. If you’ve got enough layers,…
