while five focus on green technology. Jingdong Finance, 360 Qihoo, Shenzhen Kuang-Chi, State Development & Investment Corporation, China Telecom, and People’s Insurance Company (Group) of China Ltd. (PICC) are also on the list, Xinhua reported.…
Featured Posts Title
Beijing issues new storm warning after deadly floods
China’s BYD breaks delivery growth streak with July slump as EV price war reshapes competition
India and the Philippines stage joint sail and naval drill in the disputed South China Sea
From Silicon Valley to Shenzhen: who’s really winning the innovation war?
Beijing expands storm alert as fatal floods keep city on edge
Beijing warns of more rain as fatal floods keep city on edge
China’s BYD breaks delivery growth streak as EV price war reshapes competition
Recent Posts
Alibaba, Tencent Among Firms to Set up Branches in China’s New Xiongan Zone
China’s Chengzhi Yongqing To Use Honeywell’s Technology To Convert Coal Into Plastics
DES PLAINES, Ill., Sept. 28, 2017 /PRNewswire/ — Honeywell (NYSE:HON) announced today that Nanjing Chengzhi Yongqing Energy Technology Co. Ltd. will build its second Methanol-to-Olefins (MTO) process unit, which converts methanol from coal and other…
Assets held by private banks in China surge 22pc in value
The results underline just how China’s domestic retail banking giants now dominate the wealth management industry. China Merchants Bank (CMB) Private Banking led the pack with over 1.6 trillion yuan in AUM. It also enjoys…
Asia-Pacific has dominated IPOs globally this quarter
Despite the SGX’s crown for the largest regional IPO by proceeds this quarter, greater China markets saw the most activity, the report said. Stock exchanges in greater China saw a total of 144 companies listed…
The Story Behind ZhongAn’s Blockbuster IPO
the final pricing of IPO shares at HK$59.70 ($7.64) each — the upper end of its marketed price range — puts the four-year-old insurer’s valuation at $11 billion. Though it is still a fraction of…
Lyft IPO could benefit diverse group of investors
Continue Reading Below Lyft Inc is close to hiring an initial public offering (IPO) advisory firm … Alibaba and Tencent are both investors in China’s largest ride services startup, Didi Chuxing, which in turn is…
‘Bad Moms’ studio STX is said to be planning an IPO in Hong Kong in 2018
A representative of STX declined to comment. An IPO by STX would fit a common pattern of companies hoping to capitalize on Chinese investors’ interest in entertainment. China Film Co., the state-backed film distributor, went…
STX Progressing Towards Hong Kong IPO
administration costs are far lower and the company wants to be more accessible to its many investors and relationships in greater China. One of STX’s earliest large investors was Chinese investment fund Hony Capital, which…
‘The IPO market right now is really hot’
Ringo Choi, Asia Pacific IPO leader at EY, says the performance of large IPOs, such as ZhongAn Online, will influence sentiment in Hong Kong and China. ( read original story …)
Italy’s Pirelli expected to price IPO at 6.5 euros a share: source
MILAN (Reuters) – Italian tyremaker Pirelli is expected to price its initial public share offering (IPO) at 6.5 euros per share … following a takeover led by state-owned China National Chemical Corp (ChemChina). The re-listing…
UPDATE: ZhongAn Jumps In Hong Kong Debut After $1.5 Billion IPO
Investors were willing to pay a premium for the stock since it was one of the first “large fintech IPOs in Hong Kong,” analysts at China Galaxy International Securities wrote in a note to clients.…
Anta: Official Sports Apparel Partner for Beijing 2022
Zhang Jiandong, Executive Vice President of Beijing 2022 and Vice Mayor of Beijing, and Ding Shizhong, Board Chairman and CEO of ANTA, signed the partnership document. Anta, a leading company in China’s sports product industry,…
China closes North Korean businesses; North Korea allegedly swells army to fight US
China on Thursday ordered the closing of all North Korean businesses … people have joined its military to prepare for a possible war against the U.S, Yonhap News Agency reported citing the North’s Rodong Sinmun…
