“This IPO marks an important milestone in the development of SMCP … Buoyant demand among fast-growing middle classes in countries such as China has boosted this segment. Financial advisors involved in SMCP’s flotation include JP…
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French fashion group SMCP to price IPO at 20-25 euros/share
French fashion group SMCP prices IPO at 20-25 euros/share
SMCP, majority owned by China’s Shandong Ruyi, said the flotation would raise about 121 million euros ($142 million) in net proceeds. Formal trading of SMCP’s shares is due to begin on Oct. 24. Sandro, Maje…
MBA Entrepreneurs: China’s MBAs Are Launching Disruptive Technology Startups
China is a huge market for tech-savvy entrepreneurs. But breaking into business in China is tough. Knowing the language, the culture, and having a close network of contacts is key. Before business school, Felicia Guo…
China Approves HP’s Purchase of Samsung Printer Business
China’s Commerce Ministry has given its conditional approval for HP Inc.’s purchase of Samsung’s printer business, clearing a key regulatory hurdle that would consolidate the U.S. giant’s place as the world’s largest player in the…
Data out today raises questions about the strength of China’s apparent economic renaissance
“A drop in the seasonally adjusted Caixin China General Services Business Activity Index from 52.7 to 50.6 in September pointed to only a marginal increase in services activity that was the slowest for 21 months,”…
SA, China host small business enterprises fair
JOHANNESBURG – South Africa will co-host the China International Small and Medium Enterprises Fair (CISMEF) which aims to unlock markets for small businesses and cooperatives. The 2017 edition of CISMEF will be taking place on…
Samsung’s printer business sale to HP approved by China
Samsung announced in September last year that it had decided to sell it printer business to HP for $1.05 billion. Samsung’s printer business sale was part of the company’s restructuring efforts. It wanted to free…
Airfare of the Day: China Southern Tunis to Vietnam (SGN/CXR) BUSINESS CLASS $910 (Round Trip)
Today’s Airfare of the Day goes to China Southern Airlines Business Class excursion fares between Tunisia and Vietnam. I first learned of this fare on FlyerTalk (access original post here). The following accruals were estimated…
Russia, China call for restraint after Trump comment on North Korea
China hopes all sides do nothing to irritate each other or worsen the problem and speak and act cautiously, she told a daily news briefing. In recent weeks, North Korea has launched two missiles over…
Economy: China slows, while Germany speeds up
The news though has been somewhat overshadowed by other economic data. Business activity in China’s services sector grew at its slowest pace in 21 months in September And the pace of new business cooled. It’s…
Ready to maintain peace at frontiers with India: China
State-run English news channel CGTN carried snippets of her video with a caption “Indian defence minister greets Chinese border soldiers”. The Hong Kong-based South China Morning Post headlined its story saying that “India’s defence minister…
Mainland China markets shine after lackluster Caixin services PMI as the Turkish lira tumbles
China September foreign exchange reserves are expected later … The U.S. currency had originally edged up following the reported increase in wages last week before sliding on news that North Korea was readying a was…
China Daily website signs content-sharing deal with Russia’s SPB TV
The agreement involves granting international rights to video-on-demand (VOD) content in genres such as entertainment, documentary and news. The content will be produced by the China Daily website and broadcast on the over-the-top (OTT) platform…
