BEIJING: Postal Savings Bank of China Co (PSBC … State-run PSBC’s fundraising comes a year after it garnered $7.63 billion in a Hong Kong IPO. The lender also unveiled plans in August for a share…
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China Post Bank raising $7.3 bln via preferred shares to shore up capital
Alibaba-backed Best raises $450 million after pricing U.S. IPO at bottom: IFR
FILE PHOTO – The logo of the Chinese logistics company Best Inc is seen outside a local delivery hub in Beijing Thomson Reuters HONG KONG (Reuters) – Chinese logistics firm Best Inc priced its U.S.…
RPT-Russia set to pipe more oil to China, stepping up race with Saudis
RACE BETWEEN RUSSIA & SAUDI Rosneft’s new flows of piped oil will come as Saudi Arabia aims to secure a stake early next year in a Chinese refinery after years of negotiations and as Saudi…
RYB Education Files Terms For $133 Million U.S. IPO
The market growing and financial performance is impressive, but the IPO isn’t cheap and the U.S. firm operates in a gray area as a ‘VIE’, so investors should be cautious. Quick Take Beijing-based RYB Education…
Pressure on tycoons won’t get Beijing all it wants
Data from Hithink Flush Information Network, a Chinese financial data service provider, shows that so far this year, 826 listed companies have invested 743 billion yuan of IPO proceeds or idle funds into wealth management…
Goldman Sachs Stops Work on Pactera IPO
The regulator’s activities were part of Beijing’s broader effort to clamp down on “irrational … to accelerate these expansion plans by closing a USD 200 million pre-IPO round in 3Q 2017 and list in early…
Secoo kicks off bookbuilding for $115m US IPO
according to its IPO prospectus. Two ADSs represent one Class A ordinary share. BNP Paribas and Jefferies are underwriting the stock, which will be listed on the Nasdaq. The Beijing-based issuer is Asia’s largest ……
The financing that fuels China’s consumption: Qudian files for a $750 million US IPO
The Beijing, China-based company was founded in 2014 and booked … The article The financing that fuels China’s consumption: Qudian files for a $750 million US IPO originally appeared on IPO investment manager Renaissance Capital’s…
China Mobile ‘interested in Brazil’s bankrupt Oi’, says report
The fate of bankrupt Brazilian operator Oi has become even more confused by reports of a possible takeover by China Mobile. Creditors of Oi, which filed for $19 billion bankruptcy protection in June 2016, are…
S&P pours cold water on Beijing’s upbeat economic narrative
A sovereign rating downgrade could make it more costly for Chinese companies and the government to borrow money on the international market, and more difficult for Beijing to attract investors to its financial markets. China…
S&P’s downgrade of China’s sovereign debt angers Beijing
China’s Finance Ministry calls it the “wrong decision”. Beijing (AsiaNews/Agencies) – For the first time since 1999, S&P Global Ratings on Thursday downgraded China’s sovereign credit from AA- to A, reflecting increased economic and financial…
“Years of Gilt, Luxury Forever” The 2017 the Waldorf Astoria Beijing Annual Charity Ball
From the golden age of New York in the 19th century To the modern age of Beijing in the 21st century BEIJING, Sept. 22, 2017 /PRNewswire/ — Waldorf Astoria Beijing presents the Waldorf Astoria Beijing…
Beijing to further open up the service sector to foreign investment
Beijing will also deepen the institutional reform to create a favorable environment for foreign investors and professionals. The reforms are to improve investment and finance management systems, trade in services, investment regulation systems, as well…
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