“It now appears bike sharing is the stupidest business, but the smartest brains of China all tried to get in,” Wu Shenghua, founder of now bankrupted bike-sharing company 3Vbike, told Reuters. “It rea… ( read…
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Recent Posts
The rise and fall of bike-sharing company Ofo is a lesson for China’s tech investors
China’s legislature takes up law to ban forced tech transfer
China’s legislature is considering a law to ban local governments from forcing foreign companies to hand over technology, an issue that helped to spark Washington’s tariff war with Beijing. ( read original story …)
New York Times editorial board joins growing chorus condemning China over detained Canadians
“Three Canadian citizens being detained by China appear to have become pawns in a political impasse between the two countries and, by extension, the United States. They should be released … ( read original story…
Chinese state bank chief warns against buying property now ‘because there’s no money to be made’
The chairman of a leading Chinese state bank on Sunday warned Chinese investors not to buy property now because “there’s no money to be made” due to high prices and alarming vacancy rates. Tian Guoli,…
139,327 Shares in China Unicom (Hong Kong) Limited (CHU) Acquired by Jane Street Group LLC
Jane Street Group LLC purchased a new position in China Unicom (Hong Kong) Limited (NYSE:CHU) in the 3rd quarter, Holdings Channel reports. The institutional investor purchased 139,327 shares of the W… ( read original story…
Why China is getting tougher for Ford, GM and other automakers
“This is the first sustained downturn in memory,” said Michael Dunne, CEO of ZoZoGo, a firm that advises automakers on doing business in China. “We would have to go back to the Asian financial crisis…
China accuses Britain, EU of hypocrisy for supporting Canada during spat
… security threat “We urge relevant countries to earnestly respect China’s judicial sovereignty,” she told a daily news briefing, reiterating their lawful rights have been guaranteed. ( read original story …)
Chinese tech titan Ant Financial in £500m bid for WorldFirst
The payments group affiliated to Alibaba (Berlin: AHLA.BE – news) , China’s biggest internet company, is in advanced talks about a $700m (£550m) takeover of WorldFirst, a British currency exchange sta… ( read original story…
China drafts law protecting foreign intellectual property and prohibiting forced technology transfer
Beijing is accelerating its lawmaking process to consider draft legislation to protect the intellectual property rights of foreign investors, encourage voluntary transfers of technology but prohibit f… ( read original story …)
Do You Know What China Nuclear Energy Technology Corporation Limited’s (HKG:611) P/E Ratio Means?
This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). To keep it practical, we’ll show how China Nuclear Energy Technology … ( read original story…
China is reportedly considering a law to crack down on forced tech transfers
The draft law has been interpreted by some as a move from Beijing to address complaints raised by the U.S. and others about the way China treats foreign firms hoping to do business in the…
China pledges to stabilize land and home prices in 2019: state media
BEIJING (Reuters) – China’s housing ministry said it will stabilize land and home prices in 2019 and firmly curb speculation in the property market, the state television reported on Monday. Beijing wi… ( read original…
Hong Kong regains global IPO crown from New York in 2018 thanks to its listing reforms
Mobile tower operator China Tower’s US$7.5 billion IPO – the largest IPO in Hong Kong this year – was also tech related. Overall TMT IPOs raised US$15.7 billion, up 605.5 per cent from 2017 while…
