Roku has priced its IPO at the high end of the indicated price range … Tillerson to cover North Korea, Trump visit during China trip US experts said Beijing’s coal imports in August highlight its…
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Flooding kills at least 40 in and around Beijing, many still missing
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Donald Trump is helping China in the AI race. Why?
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Roku’s IPO Price Just Gave the Company a $1.3 Billion Valuation
China’s first online insurer surges in stock market debut
Xu Xiaohua, vice-president of the insurance school at the Central University of Finance and Economics in Beijing, estimates life insurance … was 393 times the number of shares on offer in the IPO, ZhongAn told…
Chinese Education Co. Raises $144M In Above-Range IPO
Beijing-based RYB offered 7.8 million American depositary shares at $18.50 each, exceeding its original price range of $16 to $18. The company directly sold 5.5 million shares in the IPO, while a shareholder affiliated with…
iQiyi said to seek at least $8b value in IPO
A foreigner watching video programmes on iQiyi at an expo held in Beijing. [Photo by A Jing/For China Daily … Baidu wants to continue holding a controlling stake in iQiyi upon the IPO via dual-class…
IQiyi IPO could target valuation of up to $10bn
They added however that the IPO is still in the early stages and the final valuation could change. News of the sale follows Baidu’s decision in 2016 to scrap plans to buy a controlling stake…
China announces plans to build a national technology transfer system
The State Council of China, the country’s cabinet, has released a memo announcing that the Chinese government intends to build a basic national technology transfer system and a ‘market of technologies’ by 2020. Plans include…
A little help from ‘Mr Bags’? Prada plays catch-up online in China
And nowhere is a revival more critical than in China, which accounts for close to a third of all global luxury sales. Crucially, Chinese luxury buyers tend to be younger than elsewhere, and online influencers…
China disrupts WhatsApp messaging service
On Monday, China’s cyber watchdog handed down maximum penalties to some of the country’s top technology firms including Tencent, Baidu and Weibo for failing to properly censor online content. The penalties were imposed for failing…
China orders North Korean businesses closed under UN sanctions
China is North Korea’s main trading partner, making Beijing’s co-operation essential to the success of sanctions aimed at stopping the North’s pursuit of weapons technology BEIJING — China on Thursday ordered North Korean-owned businesses to…
More Luxury Stores Closed in China Over the Last Year Than in Any Other Country
China has seen 62 net closures of luxury brand stores during the surveyed period, the largest number observed by Bernstein among all significant geographies. The firm viewed the trend as a revision of the over-expansion,…
Top 10 sedan brands on China market
The China Association of Automobile Manufactures released the list of the top 10 sedan brands by sales for January to August on its official website on Sept 20. Lavida took the top spot, with sales…
5 Digital Solutions to Market Your “New” Brand in China
Most brands are quite successful in their country. But when they enter China, they need to understand they are starting from scratch. You have to build awareness, get the trust of the consumers and create…
Shanxi brands shine in China-Mongolia Expo
Shanxi brands and specialties are winning wide acclaim at the second China-Mongolia Expo recently opened in Hohhot, Inner Mongolia autonomous region, the fourth stop of the “Shanxi brands China tour” this year. More than 800…
