China will launch new measures connected to its national social credit system, including taking companies’ credit data into consideration during the initial public offerings approval process … ( read original story …)
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China to consider enterprises’ credit data during IPO approval procedure
Beijing Finance Governor Bans Security Token Offerings in City
Huo Xuewen, the chief of Beijing’s Municipal Bureau of Finance, declared in a recent speech that security token offerings will not be tolerated in the city. This cannot be considered surprising, becau… ( read original…
China Announces New Punishments for Intellectual Property Theft
(Bloomberg) — Intellectual property theft is one of the main points of contention in China’s dispute with Washington, and just days after President Xi Jinping promised to resolve the U.S.’s “reasonab… ( read original story…
BRIEF-China Development Bank Financial Leasing Announces Purchase And Leaseback Of Eight Aircraft
Dec 4 (Reuters) – China Development Bank Financial Leasing Co Ltd: * UNIT THROUGH SPECIAL PURPOSE COS ENTERED INTO EIGHT AIRCRAFT PURCHASE AGREEMENTS AND SIX LEASE AGREEMENTS * HAINAN AIRLINES … ( read original story…
BRIEF-China Minsheng Financial Targets $1 Bln ‘Blank Cheque’ Fund – FT
* CHINA MINSHENG FINANCIAL TARGETS $1 BILLION ‘BLANK CHEQUE’ FUND- FT * CHINA MINSHENG FINANCIAL TO INVEST IN SPECIAL PURPOSE ACQUISITION COMPANIES TO MEET PENT-UP DEMAND FOR IPOS – FT Source … ( read original…
China Development Bank to finance eight Airbus aircraft purchases for HNA
BEIJING (Reuters) – The aviation leasing arm of China Development Bank said it will finance eight Airbus A330 purchases for airlines affiliated to debt-laden HNA Group and that the jets will be delive… ( read…
Economic chill dulls Chinese appetite for some luxury brands
That is jolting brands such as Louis Vuitton and Burberry that increasingly rely on Chinese customers who spend $90 billion a year on jewelry, clothes and other high-end goods. The industry already is … (…
Chinese brands wrest edge in FMCG sector
[Photo by Yu Fangping/For China Daily] In China’s fast-moving consumer goods or FMCG sector, digitalization, New Retail and targeted product launches are increasingly giving Chinese brands a clear edg… ( read original story …)
Overseas sports brands enjoy golden age in China
Overseas sports brands are enjoying a golden age in China with the country’s rapidly burgeoning sports sector fueling their business. On Wednesday, German sporting goods company adidas opened a new br… ( read original story…
China’s Tencent Music presses play on US$1.2 billion US IPO
Tencent Music Entertainment launched its hotly-anticipated US initial public offering (IPO) of up to US$1.2 billion on Monday after global stock markets were boosted by a truce brokered by US and Chin… ( read original…
China’s biggest streaming-music service reveals the details for its US IPO
Tencent Music Entertainment filed with the Securities and Exchange Commission on Monday to set the price for its US initial public offering — one day after President Donald Trump and Chinese … ( read original…
China’s thirst for high-end beer fuels Canadian barley surge
A new variety of barley grown in Canada’s Prairies helped flavour this beer, and brewers anticipate that the kernels will one day end up in shipments to meet China’s increasing thirst for premium ales ……
FOCUS-Earn after reading: China news app lures with clickbait and cash
BEIJING/SHANGHAI, Dec 4 (Reuters) – Cai Li, a janitor in Shanghai, developed a serious addiction to news app Qutoutiao, lured by gossipy articles about celebrities and the cash she gets from reading t… ( read…