And quarterly results from DAVIDsTEA Inc., Canadian Western Bank and Dollar General Corp. Friday: … and sympathy Have some sympathy for Mr. Trump as China reports its latest trade numbers, frequently cited as an irritant.…
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Mogul’s conviction shows extent of Beijing’s control over Hong Kong press, courts
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China’s Market Revival Hinges on Gloomy Economy Turning Corner
Senate Republican ‘targeted by Communist China’ in $50 billion lawsuit
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Threat of Canadian financial crisis eases (but don’t take that to the bank)
In mortgage fraud frenzy, China’s banks face a hidden danger
The higher valuation convinced the Bank of China to lend Zhu 4.85 million yuan, leaving the lender less buffer against a price drop. Details of the deception are contained in a court judgment from a…
China Education Group seeks HK$3.4 billion from IPO, eyes acquisitions in Europe and UK
China Education Group, a leading higher private education provider, said it was seeking an initial public share offer of up to HK$3.4 billion (US$435 million), with part of the proceeds to be used to acquire…
Canada, China delay launch of trade talks
Premier Li Keqiang lauded the “golden age” of relations with Canada and said China was amenable to continuing exploratory trade talks. The two countries have spent months in exploratory talks that have taxed China’s patience…
Apple, Google at China internet fest shows lure of market
director of the University of Nottingham’s China Policy Institute. “There has never been a time when an American company is less likely to be called out by the White House for pursuing a business-first approach,”…
China says 2018 growth target to reflect new changes in economy
China’s economic growth target for 2018 will reflect new changes in the economy as the government put more emphasis on higher quality development, the State Council Information Office said on Monday. The government will set…
Free trade talks with China will not yet begin
And a scheduled bilateral news conference was abruptly cancelled by the Chinese according to the prime minister’s office. “I’m pleased we will continue our exploratory discussions towards a comprehensive free trade agreement between Canada and…
Xiaomi Seeks Valuation of at Least $50 Billion in IPO
The Beijing-based company is considering an offering as soon as … the world’s fastest growing smartphone market. A successful IPO may bring it at least $5 billion, much-needed ammunition for expansion, the people said. Kaylene…
Lexinfintech delays U.S. IPO pricing as China reins in micro-loan sector: source
BEIJING (Reuters) – Chinese consumer lending firm Lexinfintech will delay the pricing of its planned Nasdaq IPO to conduct more due diligence, a source with direct knowledge of the situation said – a move that…
China Rapid Finance Views Long-term Impact of New Industry Rectification Notice as Favorable to Its Business
SHANGHAI, Dec. 4, 2017 — China Rapid Finance Limited (“China Rapid Finance” or the “Company”) (NYSE: XRF), a leading online consumer lending marketplace, today announced that it believes the long term impact of the principles…
Tencent-backed online doctor start-up seeks Hong Kong IPO
Tencent, the world’s largest video games company by revenue and operator of China’s biggest social network, spun off its 44 per cent-owned online search service, Sogou, in an initial public offering (IPO) in New York…
China’s top two banks won’t lend to Adani’s Australian coal mine
SYDNEY (Reuters) – China’s two biggest banks said they do not plan to finance a controversial Australian coal mine, in the latest blow to Indian conglomerate Adani Enterprises’ long delayed project. Industrial and Commercial Bank…
China’s Lexinfintech to conduct additional IPO due diligence, to delay listing
BEIJING, Dec 4 (Reuters) – Chinese consumer lending platform … according to a source with direct knowledge of the situation. The decision will extend the IPO timeframe and came after new rules regulating the industry…
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