The recent performance of IPOs has been poor, in part because of weak markets rattled by a China-U.S. trade war and concerns about slowing growth in the world’s second largest economy. ( read original story…
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Weak markets force Alibaba-backed Babytree to cut size of HK IPO
Alibaba-backed Babytree trims size of Hong Kong IPO
The recent performance of IPOs has been poor, in part because of weak markets rattled by a China-US trade war and concerns about slowing growth in the world’s second-largest economy. Hong Kong’s bench… ( read…
Snap reveals US subpoenas on IPO disclosures as part of ongoing regulatory investigations
Snapchat, Amazon follow China with image search and buy The complaint, filed in May 2017 in US District Court in Los Angeles, also alleges that Snap did not disclose a sealed lawsuit brought before th……
China’s Bitcoin Miner Canaan Lets HK IPO Application Expire
China’s Canaan Inc, one of the world’s largest makers of cryptocurrency mining equipment, has seen its application for a Hong Kong initial public offering (IPO) expire, raising doubts on the prospects … ( read original…
Tencent-Backed Fashion Site Mogu Halves IPO Valuation Goal
The IPO would mark the latest in a string of debuts this year by companies backed or controlled by Tencent, a serial investor in China’s tech scene. The more prominent among those included Meituan Dia……
Startups backed by Alibaba, Tencent slash planned IPOs
Also launching a smaller-than-expected IPO this week is Tongcheng-Elong Holdings Ltd. The company, China’s third-largest online travel agent, is backed by internet giant Tencent Holdings Ltd 0700, -0. … ( read original story …)
Bank of Montreal Can Sells 105,410 Shares of China Unicom (Hong Kong) Limited (CHU)
Bank of Montreal Can cut its holdings in shares of China Unicom (Hong Kong) Limited (NYSE:CHU) by 55.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the…
China’s U-turn on market curbs brings back the speculators
SHANGHAI (Reuters) – Speculators are staging a forceful comeback in China’s stock market, bidding up shares in loss-making companies as regulators ease rules around trading, fundraising and … ( read original story …)
China woos Pacific islands with loans, showcase projects
China’s footprint is everywhere … world stage but have for several years been diligently courted by Beijing as part of its global effort to finance infrastructure that advances its economic and dipl… ( read original…
Trudeau says Canada to work with China on eventual free trade deal despite NAFTA clause
SINGAPORE (Reuters) – Canada and China will continue to work together towards an “eventual” free trade deal, Canadian Prime Minister Justin Trudeau said on Thursday. This is despite the country being … ( read original…
China Outlines Possible Concessions to U.S. Ahead of G-20 Talks, Sources Say
It did not contain the sort of commitment to change industrial policies such as Xi’s “Made in China 2025” that Washington has been seeking, according to one person familiar with the discussions. Two o… (…
China’s under-used regional data centres stir overcapacity fears
Eager to curry favour and subsidies with central officials, local governments have since set out their own big data plans, with far higher revenue targets, totalling Rmb2.84tn, according to China’s fi… ( read original story…
China’s Belt and Road hits problems but is still popular
There is a narrative of pushback against the Belt and Road Initiative, China’s programme to finance and build infrastructure in about 88 countries around the world. Coming against the backdrop of US-C… ( read original…
