China is creating a consortium made up of state-owned oil firms, banks and its sovereign wealth fund to act as a cornerstone investor in the IPO, people with knowledge of the discussions told Reuters in…
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China offers to buy 5 per cent of Saudi Aramco directly: sources
China is offering to buy up to 5% of Saudi Aramco directly
China is creating a consortium made up of state-owned oil firms, banks and its sovereign wealth fund to act as a cornerstone investor in the IPO, people with knowledge of the discussions told Reuters in…
China’s second largest search engine Sogou files IPO in United States
China’s second largest search engine, Sogou, is planning an Initial Public Offering (IPO) in the United States, following moves made by leader Baidu. Sogou filed its prospectus with the US Securities and Exchange Commission on…
Exclusive-China Offers to Buy 5 Percent of Saudi Aramco Directly: Sources
China is creating a consortium made up of state-owned oil firms, banks and its sovereign wealth fund to act as a cornerstone investor in the IPO, people with knowledge of the discussions told Reuters in…
China’s major mobile search engine Sogou files for IPO
Sogou Inc, one of China’s leading search engines and a major competitor of Baidu, filed documents on Friday with the U.S. Securities and Exchange Commission (SEC) for IPO. The proposed IPO aims to raise up…
PPDAI eyes IPO in the US
PPDAI’s IPO application comes after online credit firms Hexindai Inc … while PPDAI has stakeholders like Sequoia Capital, Lightspeed China Partners and Legend Capital. ( read original story …)
Qingdao Port looks to raise $1.28bn from Shanghai IPO
The IPO is still waiting for final approval from China Securities Regulatory Commission. Following the IPO, Qingdao Port will be listed on both SSE and Hong Kong Stock Exchange (HKSE). In January, Cosco Shipping Ports…
Beijing just unveiled its new $12 billion airport that will open in 2019
The inner view of the terminal hall of new Daxing Airport constructed on the outskirts of Beijing Thomson Reuters BEIJING (Reuters) – China’s capital unveiled the “shining example” of its 80 billion yuan ($12 billion)…
China cbank chief surprises with gravity-defying 7 percent H2 growth forecast
SHANGHAI/BEIJING (Reuters) – China’s central bank governor said the economy could grow 7 percent in the second half of this year, accelerating from the first six months and defying widespread expectations for a slowdown. The…
Chinese local finance offices sharpen their teeth after Xi orders crackdown on scammers
While the ongoing change is not designed to create new agencies, it is a key stage in the process of forging a new financial oversight system that values control and risk prevention over development and…
China’s central bank surprises with gravity-defying 7% growth forecast
Other data on Thursday is expected to reinforce the view that China is still in high gear, with growth in industrial output and retail sales seen accelerating while fixed investment may hold at a roughly…
Beijing proudly unveils mega-airport due to open in 2019
BEIJING (Reuters) – China’s capital unveiled the “shining example” of its 80 billion yuan (£9.1 billion) new airport on Monday, tipped to become one of the world’s largest when it opens in October 2019 amid…
China Central Bank Chief Surprises With Gravity-Defying 7 Percent Second Half Growth Forecast
SHANGHAI/BEIJING — China’s central bank governor said the economy could grow 7 percent in the second half of this year, accelerating from the first six months and defying widespread expectations for a slowdown. The uncharacteristically…
