China made it clear it was ready to take the next step … Then the prime minister’s office told Canadian reporters the Chinese decided to cancel a planned news conference, insisting the two leaders read…
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China’s Xiaomi seeks bank pitches for 2018 IPO: Report
HONG KONG: Chinese smartphone maker Xiaomi Inc has asked banks to pitch next Friday for an initial public offering in 2018, people familiar with the plan told Reuters. Xiaomi was valued at $46 billion in…
Exclusive: China’s Xiaomi seeks bank pitches for 2018 IPO – sources
HONG KONG (Reuters) – Chinese smartphone maker Xiaomi Inc has asked banks to pitch next Friday for an initial public offering in 2018, people familiar with the plan told Reuters. Xiaomi was valued at $46…
US appeals court brings back IPO case against Alibaba
The case hinges on a claim that the firm didn’t let investors know about a warning it had received from the Chinese government just before its 2014 IPO. The 2nd U.S. Circuit … firm did…
Funko Looks to Rebound From IPO Meltdown With Overseas Push
In China, the world’s second-largest economy … The CEO chalked up Funko’s IPO woes to investors struggling to understand its story. The bankruptcy of Toys “R” Us in September — and the struggles of major…
China’s Lufax picks banks for up to $5 bln Hong Kong IPO – IFR
HONG KONG, Dec 5 (Reuters) – Chinese online wealth management firm Lufax has hired five banks to work on an up to $5 billion Hong Kong initial public offering, IFR reported, citing people familiar with…
Tencent affiliates IPO spree to continue into next year
Its online reading unit China Literature has raised US$1.1bln after pricing its Hong Kong IPO at the top of its range early in November. China’s first online-only insurance company Zhong An, in which Tencent holds…
China’s megacity dream spurs Hebei Construction IPO
Hebei Construction Group on Monday launched a Hong Kong initial public offering, becoming the first company to tap investor interest in China’s ambitious Xiongan special zone plan. The company hopes to raise between HK$1.9 billion…
Canada a good place for foreign investment, PM tells business leaders in China
GUANGZHOU, China — Prime Minister Justin Trudeau is selling Canada as good place for foreign investment at a major conference of international business leaders in the southern Chinese city of Guangzhou. Trudeau is addressing the…
Why Canada thinks a China trade deal adds up
Has covered news and politics at home and abroad … It’s not clear what the hiccup is, but many observers still believe a trade deal with China is a matter of when, not if. After…
Canada’s trade minister stays in Beijing to keep alive hopes of free trade talks
Abrupt change of plans for International Trade Minister François-Philippe Champagne came just after Prime Minister Trudeau and China’s president held a private dinner in Beijing Tuesday night. The prime minister says pursuing free trade with…
Canadian business will benefit from Trudeau’s China trip
A former diplomat, Colin Robertson is vice-president and fellow at the Canadian Global Affairs Institute. Prime Minister Justin Trudeau’s China trip may not have netted the expected free-trade talks, but Canadians should be satisfied on…
China’s budding coffee culture propels Starbucks, attracts rivals
speaking at the launch of Starbucks’ first overseas “Reserve Roastery” – an opulent flagship store with gourmet coffees and a bakery – said China was on track to be “bigger, more powerful and more significant”…
