BEIJING – China’s government warned Wednesday it will retaliate if … Beijing responded by imposing the same penalties on the same amount of U.S. imports. Bloomberg News reported, citing three uniden… ( read original story…
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Asian factories slow as China-U.S. trade conflict starts to bite
HONG KONG (Reuters) – Manufacturing activity across Asia slowed in July, deepening concerns about the region’s economic outlook as an intensifying trade conflict between the United States and China se… ( read original story …)
World shares mixed on fears of higher US tariffs on China
World shares were mixed Wednesday on uncertainties over trade, as news the U.S. and China may be working to reopen trade talks was overshadowed by talk of plans for even higher tariffs on Chinese impo……
China Tower raises $6.9 billion in world’s largest IPO in two years: sources
HONG KONG (Reuters/IFR) – China Tower Corp Ltd (0788.HK) has raised $6.9 billion after pricing its initial public offering (IPO) at the bottom of an indicative range, four people close to the deal sai… (…
China Tower raises $6.9 billion in world’s largest IPO in two years, sources say
China Tower last month set a price range of HK$1.26 to HK$1.58 for its share sale. The world’s largest telecoms tower operator sold 43.1 billion new shares, or 25 percent of enlarged share capital, at…
Beijing 2022 launches licensing program
Following a successful trial run over the past six months, the Beijing 2022 Winter Olympics organizing committee launched its official licensing program on Tuesday to help streamline preparations for … ( read original story …)
China Tower’s retail shares only just sell out as biggest IPO of 2018 fails to woo the public
China Tower has only just managed to sell all the shares available to the public in its Hong Kong IPO, the biggest worldwide for almost four years, according to people familiar with the deal. The…
China will strive to hit growth target despite trade tensions with U.S.
BEIJING (Reuters) – China will keep its economic growth within a reasonable range and achieve this year’s target despite challenges, the state-run Xinhua news agency said on Tuesday as a trade war wit… ( read…
China IPOs: Why Chinese Companies List Overseas
For many years, China’s emerging companies, especially those in the internet sector, have relied on foreign capital. Alibaba and Tencent were nurtured by overseas venture capital, and were eventually … ( read original story …)
China Tower’s IPO looks like a straightforward affair
Visitors look at the Qualcomm display area at the Mobile World Congress 2018 in Shanghai. With a 5G rollout coming and China determined to be a global leader in this field, China Tower will need…
China’s Sinochem Energy files for $2 billion Hong Kong listing
HONG KONG (Reuters) – Sinochem Energy, a unit of China’s state-owned Sinochem Group, has filed for a Hong Kong initial public offering (IPO) of about $2 billion, as the group seeks to raise capital am……
Global IPO kitty at $94.3 billion in January-June: Report
In the Asia-Pacific region, riding on a strong second quarter 2018, Japan IPO volumes declined only 5 per cent and proceeds increased 8 per cent over first half of 2017. In Greater China, despite a…
China urges U.S. not to allow stopover by Taiwan president
Speaking at a daily news briefing in Beijing, Chinese Foreign Ministry spokesman Geng Shuang said China had already lodged solemn representations with Washington about the planned transits. “We have c… ( read original story …)