That oversubscription rate pales in contrast with several high-profile IPOs in the past two months, including Yixin Group, Razer, China Literature, and ZhongAn Online Property & Casualty Insurance. Those four IPOs had all received investor…
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China-US trade war heats up as Beijing’s tariffs take effect
Metals Decline on Weak China Data and US Tariff Uncertainty
China’s high-end rental market struggles post-Covid amid dwindling expats, firms
Beijing to roll out AI courses for children
China aims to turn Caribbean Sea into ‘Chinese lake’ as Beijing influence rises
US warned Caribbean could turn into ‘Chinese lake’ amid Beijing’s growing influence in region
Beijing schools to create AI courses for kids to boost sector
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Is Hong Kong’s IPO fever over after Nissin and Shandong Int’l fail to excite?
China will not export its political system, Xi tells forum of foreign officials
“We will not import other countries’ models, and will not export the China model,” Xi said. “We will provide more opportunities for the world through our development,” he said. The official Xinhua news agency has…
China Mobile may invest in Oi, hints Anatel
Brazilian regulator Anatel has pinned China Mobile as a potential investor in the country’s beleaguered operator Oi, which would see the Chinese operator facing off with its rival China Telecom. Anatel president Juarez Quadros revealed…
U.S.-listed Chinese financial firms drop as China sets new rules
(Reuters) – U.S.-listed shares of Chinese financial firms slipped in premarket trade on Friday after Reuters reported that China’s regulators had circulated new rules to local governments to clamp down on cash loan firms. PPDAI…
Beijing foots bill for Canadian senators, MPs to visit China
Canadian MPs and senators have been accepting free trips to China paid for by the Chinese government and Beijing-friendly groups and meeting with agents of the Communist Party, whose goal is to win overseas support…
Chinese Battery Champion Has Fully Charged IPO
Privately held Contemporary Amperex Technology Co. Ltd (CATL) is one of China’s largest manufacturers of batteries for electric vehicles. It plans to raise about $2 billion in an IPO in the coming months in China,…
Beijing foots bill for visits to China by Canadian senators, MPs
Canadian MPs and senators have been accepting free trips to China paid for by the Chinese government and Beijing-friendly groups and meeting with agents of the Communist Party, whose goal is to win overseas support…
The US, Europe, and China are divided on whether Beijing has a market economy
U.S. President Donald Trump and China’s President Xi Jinping chat as they walk along the front patio of the Mar-a-Lago estate after a bilateral meeting in Palm Beach, Florida, U.S., April 7, 2017. REUTERS/Carlos Barria…
China banking regulator targets ‘invisible shareholders’
China’s banking regulator is preparing new rules to forbid “invisible shareholders”, a response to the widespread use of shell companies and proxies to disguise the true owners of major Chinese banks and other companies. A…
China says growth in interbank wealth products slowing sharply
BEIJING, Dec 1 (Reuters) – China’s banking regulator said on Friday that the country’s interbank business slowed significantly in the first 10 months of the year, with the total volume of wealth management products (WMPs)…
China’s banking regulator says will clean up existing micro loans
BEIJING (Reuters) – China’s banking regulator said on Friday that it will clean up existing micro loans after it suspended its approval for new micro loan firms, amid a crackdown on riskier borrowing. The regulator…
Top 3 players of China’s telecom market Q1-Q3 2017
Regarding 4G users, China Unicom and China Telecom combined had a total of 328 million 4G network users, versus China Mobile’s 622 million; however, as of June, the former two had less than half the…
Regulator fines China Minsheng Banking $4.2 million for fake wealth product sales
SHANGHAI (Reuters) – China’s banking regulator has fined a Beijing branch of China Minsheng Banking Corp (1988.HK) 27.5 million yuan ($4.16 million) for selling fake wealth management products, according to a notice posted on its…
