Investors are more cautious as to what IPO valuations will be, therefore fewer deals are currently getting done. There will definitely be an uptick, given the size of many private companies. On US-China dealflow: I’m not sure that it will be at a scale ... ( read original story ...)
Unappetizing: Yum Brands’ earnings fall on lower revenue
In October, Yum Brands spun off its China business, Yum China, as a separate, publicly trade company. Yum China is now a licensee of Yum Brands in China. ( read original story ...)
China’s designers want to tell the fashion story without bamboo and pandas
One of them is Hong Kong-listed JNBY, short for “Just Naturally Be Yourself”, a Chinese fashion brand that has over 700 retail stores in China and overseas operations in 12 countries. Frank Zhu, chief financial officer of the company said JNBY wanted ... ( read original story ...)
China just held a drill to shut down ‘harmful’ websites as it tightens its grip on the internet
HONG KONG, Aug 3 (Reuters) - China held a drill on Thursday with internet service providers to practice taking down websites deemed harmful, as the country's censors tighten control ahead of a sensitive five-yearly political reshuffle set to take place ... ( read original story ...)
China says India is building up troops amid border stand off
FILE PHOTO: Indian Prime Minister Narendra Modi and Chinese President Xi Jinping leave after a group picture during BRICS (Brazil, Russia, India, China and South Africa) Summit in Benaulim Thomson Reuters BEIJING (Reuters) - China's Foreign Ministry on ... ( read original story ...)
China accuses India of troop buildup amid tense border standoff
China's foreign ministry on Thursday said India has been building up troops and repairing roads along its side of the border amid an increasingly tense stand-off in a remote frontier region beside the Himalayan kingdom of Bhutan. The stand-off on a plateau ... ( read original story ...)
Crown profits fall as VIP business almost halves after China crackdown
James Packer's Crown Resorts is reconsidering its long-running business of luring wealthy foreign high-rollers to Australia amid the scandal over its actions in China and a massive revenue slide in its VIP program. The casino giant on Friday recorded ... ( read original story ...)
Centre looks to trim drug input imports from China
“If tensions escalate, we worry it will cast a shadow on business,” said an executive whose company imports raw materials from China. ( read original story ...)
Doubts about the future for China’s nuclear export business
Global interest in nuclear energy is experiencing a lull, prompting valid questions about China’s decision to invest in such technology as a long-term export market. Many existing nuclear projects are dependent on Chinese financing; China’s Exim Bank ... ( read original story ...)
Samsung reshuffles China’s business by closing 7 outlets
Korean tech giant Samsung Electronics has announced it will reshuffle its business in China and close seven outlets amid sluggish business results in the world’s largest smartphone market, according to foreign media reports. An official from Samsung ... ( read original story ...)