These amounts are based on the IPO being priced at $15 per share. Snap's highly anticipated IPO would be the largest since China's Alibaba Group went public in 2014. But Snap, based in Los Angeles, draws comparisons to social networks like Facebook and ... ( read original story ...)
China's overseas investment, property purchases slump as capital controls bite
BEIJING China's non-financial outbound direct investment (ODI) slumped in January and its offshore property purchases plunged after authorities tightened restrictions on capital outflows to support the ailing yuan currency and ease pressure on the country ... ( read original story ...)
Experts call for better fintech regulation in China, Hong Kong
Financial technology experts are calling for better regulations in China and Hong Kong to help the industry thrive, especially since existing laws still lag behind the pace of innovation and technology. China, which is home to companies operating mobile ... ( read original story ...)
China relaxes trading rules on stock index futures
SHANGHAI Feb 16 The China Financial Futures Exchange will relax rules on stock index futures trading, it said late on Thursday. From Friday, the exchange will ease rules restricting so-called "excessive trading", while margin requirements and trading fees ... ( read original story ...)
Cosmax opens new colour cosmetics facility in China
With full-scale production capabilities of 200 million cosmetics per year in China, the colour cosmetics facility in the Fengcheng District, Shanghai, China will focus on building its annual output and localisation within China. As of 1st October 2016 ... ( read original story ...)
Ericsson, China Unicom and Qualcomm complete data call in live network on Cat-M1 for cellular IoT
Ericsson, China Unicom and the Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, completed an end-to-end data call using Cat-M1 technology on China Unicom Beijing branch’s live network in Yizhuang, Beijing on December 29, 2016. ( read original story ...)
China Mobile Hong Kong Partners with Huawei to Migrate services to NFV cloud core network
China Mobile Hong Kong (CMHK), a subsidiary of China Mobile, which serves around 850 million mobile subscribers in China, including 535,000 4G subscriptions, announced that in partnership with Huawei it has migrated services to a commercial NFV-based cloud ... ( read original story ...)
Trump's fame in China could spell the end of the “Trump toilet”
But after a decade of grinding battle in China’s courts, the president was expected to get an unlikely win this week: the rights to his own name. Trump’s late victory in the fight to wrest back one sliver of his brand, the trademark for building ... ( read original story ...)
China's overseas property purchases, investments slump as capital controls bite
BEIJING (Reuters) - Property investment by Chinese companies plunged in January as authorities tightened restrictions on capital outflows to support the ailing yuan currency and ease pressure on the country's foreign exchange reserves. Investment by ... ( read original story ...)
China’s weapons and military technology reaching ‘near-parity’ with the West, study finds
China is beginning to export its own weapon designs, including armed drones, worldwide and is reaching “near-parity” with the West in terms of military technology, according to a report on Tuesday. The International Institute for Strategic Studies said ... ( read original story ...)