China Tower, a joint venture handling mobile infrastructure in Chinese mainland, will list on Hong Kong stock market on Aug 8, aiming to raise HK$68.1 billion ($8 billion) with its initial public offe… ( read…
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China Tower’s planned $8.7bn IPO the biggest globally in four years
China’s state-owned China Tower – the world’s largest operator of telecommunications towers – announced Tuesday it will aim for an $8.7 billion initial public offering in Hong Kong, the biggest global… ( read original story…
Chinese mobile phone tower operator plans $8.7B IPO
HONG KONG — The state-owned monopoly that operates China’s vast network of mobile phone towers said Tuesday it plans to raise up to $8.7 billion in the biggest global stock offering in four years. Chi……
China Tower eyeing $68b from IPO, sets price range
China Tower, the state-owned wireless infrastructure operator, is seeking as much as HK$68.27 billion in its planned Hong Kong initial public offering, which would be the world’s largest share sale si… ( read original story…
China telco giant could ring up world’s biggest IPO in four years
So-called cornerstone investors are a fixture of the Hong Kong IPO market, especially in public-sector deals. This group includes Alibaba Group, China-focused investment firm Hillhouse Capital Group a… ( read original story …)
EMERGING MARKETS-China stimulus, positive corporate news push up LatAm equities
SAO PAULO, July 24 (Reuters) – Latin American equities rose across the board on Tuesday after China announced dramatic stimulus measures, with Brazil’s benchmark Bovespa index leading gains boosted by … ( read original story…
China insists U.S. airlines describe Taiwan as part of China
BEIJING — China says there will be “no room for negotiation” in its demand that U.S. airlines describe self-ruled Taiwan as part of China ahead of a deadline this week. Beijing has insisted that carr……
Why luxury brands love China’s new ‘Wonder Dads’
We know about China’s self-declared ‘spicy mamas’. But what about modern dads in China, who take a distinctly different approach to raising their children than the fathers of past generations? Luxury … ( read original…
China’s caffeine war: Fast-growing Luckin brews up a threat to Starbucks
The 42-year-old Chinese entrepreneur says she is betting that her fledgling Luckin Coffee brand will eventually have more cafes in China than Starbucks (SBUX.O), and she has Singapore’s sovereign weal… ( read original story …)
How China’s Currency Could Help It Weather a Trade War, at a Cost
Get the DealBook newsletter to make sense of major business and policy headlines — and the power-brokers who shape them. _____ China has a simple weapon it can use to try and foil President Trump’s…
China shares hit one-month high on stimulus hopes, bonds tire
SYDNEY (Reuters) – Shanghai shares led Asia higher on Tuesday as China touted fiscal action to support the world’s second largest economy, while stellar results from internet giant Alphabet underpinne… ( read original story …)
China: Tibetan students banned from religious activities
The report was viewed on the paper’s website on Tuesday. China claims Tibet has been part of its territory for more than seven centuries and regards the Dalai Lama as a dangerous separatist. Many Tibe……
CEOs Are Starting to Bank Billion-Dollar Bonuses With IPOs
It’s a good time for founders in China to take their startups public, at least by one measure. The concept of an IPO bonus that’s not tied to future performance metrics is unusual because a…
