The new Shanghai Tech Board has started to accept IPO applications, according to state media Xinhua. Shanghai Stock Exchange has set up a dedicated webpage for the Tech Board. Information on those … ( read…
BUSINESS
Chinese social e-commerce platform Yunji files for U.S. IPO
Founded in 2015, the Hangzhou, China-based company generates revenues primarily from … The Chinese e-commerce platform said it intended to use the proceeds of its IPO mainly in four aspects, … ( read original story…
U.S. warns China meddling in Hong Kong hurting business confidence
HONG KONG (Reuters) – The United States warned in a report on Friday that increased meddling from China in Hong Kong had adversely impacted the city, straining international business confidence in … ( read original…
China’s Geely posts 18 percent profit jump, predicts flat 2019 sales
The company, which is China’s most globally high-profile car maker thanks to the Geely group’s investments in European manufacturers Volvo and Daimler, posted a full-year net profit of 12.55 … ( read original story …)
Tmall Global Unveils New Initiatives to Boost China’s Imports
The initiatives “ the Centralized Import Procurement (CIP) and Tmall Overseas Fulfillment (TOF) “ are import solutions offered by Tmall Global to help international brands accelerate their entry into … ( read original story …)
Prada slips in China as Louis Vuitton and Gucci power ahead
Luca Solca, an analyst at Bernstein, said that Prada still has some work to do in “trying to connect with the younger consumer group — especially in China.” “I believe this is the most important…
3 Things Yum China’s Management Wants You to Know
Brands (NYSE: YUM). A better-than-feared conclusion to 2018 helped, as has optimism that the trade war between the U.S. and China may be coming to an end. Looking beyond the immediate catalysts … ( read…
Trump threatens to leave tariffs in place ‘for a substantial period’ to ensure China complies with any trade agreement
The stance could complicate U.S.-China trade talks set to resume next week, as Chinese officials have been pressing for a full lifting of U.S. tariffs as part of any deal, people familiar with the ……
Chinese AI start-up Megvii said to plan IPO in either Hong Kong or New York to raise up to US$800 million
The Beijing-based artificial intelligence start-up is still weighing … READ FULL ARTICLE A company spokesman declined to comment on its IPO plans. Chinese facial recognition start-up Megvii makes … ( read original story …)
China Baby Formula Maker Feihe Revives $1 Billion IPO
The sale plan would at least be Feihe’s second attempt to conduct an IPO in Hong Kong. The dairy company applied for a Hong Kong listing in May 2017 with China Merchants Securities as sole…
Tech IPO adviser China Renaissance sees share price drop as full-year profit misses estimates
Shares of China Renaissance fell after full-year net profit came in below analysts’ estimates despite a healthy jump in revenues. The investment bank, which focuses on providing financial services to … ( read original story…
Samsung Elec sees green shoots in China smartphone business: co-CEO
SEOUL (Reuters) – Samsung Electronics Co Ltd said on Wednesday its new Galaxy flagship smartphones were selling well in China and it was confident it could reverse the recent slump in its fortunes … (…
Boeing’s woes are the latest hiccup in China trade talks
“A week ago, it seemed like we were close to an agreement,” said Craig Allen, president of the U.S.-China Business Council. “I think that delay could be a cause for concern that we’re not as…
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