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Tagged By beijing
China’s Jan-July property investment growth slows, sales fall
BEIJING, Aug 14 (Reuters) – China’s property investment grew 10.6% in the first seven months of the 2019 on a year-on-year basis, slowing from 10.9% in the January-June period, official data showed on … (…
China’s Tencent cautious after surge in quarterly profit
Growth in the company’s gaming business resumed in the second quarter after a long regulatory freeze in China and its fintech operations also generated sharply higher revenues. However … ( read original story …)
Investors Who Bought Shenzhen Expressway (HKG:548) Shares Five Years Ago Are Now Up 78%
To wit, the Shenzhen Expressway share price has climbed 78% in five years, easily topping the market return of -12% (ignoring dividends). However, more recent returns haven’t been as impressive as … ( read original…
A Look At Some Of the Pro-Beijing Neighborhoods In Hong Kong
Young, black-clad protesters have widespread support among residents of Hong Kong. But there have been clashes with residents in pro-Beijing enclaves. ( read original story …)
Why Saudi Arabia Needs An Aramco IPO
While China reports GDP growth of just over 6% … Saudi Arabia is firming up its plans for an Initial Public Offering (IPO) of 5% of giant state oil enterprise Saudi Aramco. ( read original…
WeWork has a complex and costly business in China, which it cites 173 times in IPO filing
WeWork owns 59% of ChinaCo, and its key investors in the joint venture are Softbank, Hony Capital and Trustbridge. According to WeWork’s website, the company has 115 buildings in Greater China. The … ( read…
9F IPO: What You Need To Know
A Chinese digital financial accounting platform is part of the IPO slate for the week. Beijing-based 9F Inc. is planning a 8.9-million share IPO, with the company offering 6.75 million ADSs and … ( read…
Trade tensions and a weaker yuan drive Chinese crypto demand, market players say
Measuring crypto trading volume in China or elsewhere is highly difficult. While digital wallets used to send and receive coins can be tracked on the blockchain technology that underpins most coins, … ( read original…
Can China’s state-run cryptocurrency compete with Facebook’s Libra?
But can it effectively counteract the threat to China’s financial system that Chinese officials say Facebook’s crypto project poses? Within a matter of weeks, China has gone from merely … ( read original story …)
Chinese lending platform Samoyed withdraws $80 million US IPO
The Shenzhen, China-based company was founded in 2015 and booked $55 million … The article Chinese lending platform Samoyed withdraws $80 million US IPO originally appeared on IPO investment manager … ( read original story…
WeWork lifts veil on finances with IPO filing
WeWork would be the biggest company by value to list on the U.S. stock market this year after ride-hailing firm Uber Technologies Inc. An IPO would come at a time when an escalating trade war…
China appears to be gearing up for a possible military intervention in Hong Kong, but experts say Beijing is likely bluffing
Experts doubt Chinese military intervention is imminent at this point, though Beijing is trying to stoke fears that it could strike at any moment. ( read original story …)