Life in China is becoming cashless as mobile payments have enjoyed growing popularity. A survey on 6,595 people by Ipsos Research Company found that 40 percent of people would take less than 100 yuan (14.8…
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Mobile payments are turning China cashless
U.S. businesses fear Trump mishandling of China IP, trade probe
but his administration may not be up to the delicate task of carrying out a new China probe without sparking a damaging trade war, U.S. business lobbyists told Reuters on Thursday. The lobbyists’ fears that…
China’s Internet Censors Play a Tougher Game of Cat and Mouse
The censorship drill targeted tools that many in China use to thwart the country’s vast online censorship system, though internet companies said it also hit some sites at random. One Beijing online video company watched…
Chinese regulators step in to calm market jitters over crackdown of overseas asset acquisitions
Two of China’s financial regulators have stepped in to calm market jitters about the government’s crackdown on overseas deals, denying reports that they would further discourage and scrutinise the overseas acquisitions by several of the…
Economic Watch: China strives to reduce financial risk
BEIJING, Aug. 3 (Xinhua) — Risk control and serving the real economy will be the major tasks of China’s financial sector in H2. Guarding against systemic financial risk is vital to the health of the…
Hong Kong stocks retreat from two-year high as StanChart slides
The Hang Seng China Enterprises Index, known as the H-share index … they are still waiting for opportunities to buy,” said Alex Wong, a director at Ample Finance Group. Financials were mixed on Thursday, with…
Mouser Electronics Receives Outstanding Brand Image Award at China Finance Summit
Daphne Tien (center), Mouser’s Vice President of Asia Marketing and Business Development, receives the 2017 Outstanding Brand Image Award at the 6th annual China Finance Summit. August 3, 2017 – Mouser Electronics, Inc., the authorized…
Chinese bank IPOs in Hong Kong suffer in the shadows
That would be the potential risk inherent in the system,” said Vincent Yao, PwC China Financial Service Partner. Zhongyuan Bank, the largest city commercial bank in the central Henan Province, is one example. The lender,…
Exclusive: Goldman Sachs buys into Aramco $10 billion loan as it seeks IPO role – sources
DUBAI (Reuters) – Goldman Sachs (GS.N) has bought a slice of Saudi Aramco’s IPO-ARMO.SE $10 billion credit facility as … JPMorgan, HSBC and Bank of China. Aramco plans to raise $100 billion through the listing…
What Do Chinese Stocks Sina, Alibaba And Weibo Have In Common?
XAutoplay: On | Off Sina, one of China’s largest online portals, spun off Weibo ahead of its 2014 IPO and still maintains a controlling interest in the so-called Twitter of China. E-commerce giant Alibaba also…
Newater Technology, Inc. Announces Full Exercise of Underwriter’s Over-Allotment Option
YANTAI, China, Aug. 4, 2017 /PRNewswire/ — Newater Technology … Inc., who acted as the managing underwriter and sole book-runner of the Company’s initial public offering (“IPO”), has exercised the full over-allotment option to purchase…
Goldman Sachs buys into Aramco US$10 billion loan as it seeks IPO role
The bank was not part of the original list of 27 banks on the credit facility, which included other American, European, Asian and regional banks including Citigroup, JPMorgan, HSBC and Bank of China. Aramco plans…
Stockton company planning to raise £360m by floating on the New York Stock Exchange
The proceeds of the IPO will be used by Huntsman to repay the company’s existing … Outside of the UK, Venator has 23 sites in locations such as China, France, Germany, Malaysia, and the US.…
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