BMW’s decision to absorb much of the impact of the higher tariffs echoes an earlier move by U.S. carmaker Ford Motor Co (F.N), which said it would not increase its prices for now in an…
Tagged By beijing
China Tower’s IPO gets cool retail response as trade tensions and unstable markets keep investors cautious
China Tower, the world’s biggest telecoms transmission tower operator, saw a lacklustre response from retail investors on the second day of its US$8.7 billion Hong Kong IPO, as many potential buyers t… ( read original…
Beijing City Reports Slowest Mortgage Growth in Five Years-Xinhua
BEIJING — China’s capital Beijing has reported its slowest growth in outstanding mortgage loans in five years, state news agency Xinhua said, as government controls help damp down the property market. … ( read original…
China: Qualcomm failed to resolve anti-monopoly worries
BEIJING — Qualcomm Inc. failed to resolve China’s anti-monopoly concerns about its proposed acquisition of NXP Semiconductors, the government said Friday, in a case analysts warned would worsen escala… ( read original story …)
Alibaba’s Movie Business Dominates the Chinese Box Office
That makes the movie business another thing Alibaba can add to its list of things it has dominated in China. Alibaba founder Jack Ma is going after the growing movie business in China. Image source:…
Lone suspect in blast near U.S. embassy in Beijing caught
BEIJING (Reuters) – A bomb exploded outside the U.S. embassy in Beijing on Thursday, wounding the lone assailant, the embassy said in a statement, although police described the weapon merely as a “fir… ( read…
China says vaccine maker Changsheng broke manufacturing rules, faked records
China’s cabinet investigation group has found that vaccine maker Changsheng Bio-technology broke the law in manufacturing rabies vaccines, the state news agency Xinhua reported on Friday. The investig… ( read original story …)
China says vaccine maker Changsheng broke manufacturing rules, faked records: Xinhua
BEIJING – China’s cabinet investigation group has found that vaccine maker Changsheng Bio-technology broke the law in manufacturing rabies vaccines, the state news agency Xinhua reported on Friday. Th… ( read original story …)
In for the China biotech gold rush, BeiGene eyes monster $800M-plus Hong Kong IPO
Fast on the heels of Ascletis’ record $400 million raise on the Hong Kong stock exchange, BeiGene is proposing its own IPO in the city — to run parallel with its current listing on Nasdaq.…
Sky9 Capital Congratulates PinDuoDuo on Its Successful NASDAQ IPO
BEIJING, July 27, 2018 /PRNewswire/ — Sky9 Capital extends its warmest congratulations to Colin Huang and his team for the successful IPO of PinDuoDuo, the leading social ecommerce platform in China. … ( read original…
China says 4 American airlines missed Taiwan deadline
In January, hotel chain Marriott was ordered to shut down its China website and app for a week after it sent out a customer survey that included Taiwan, Tibet and Hong Kong in a list…
Ex-Googler Becomes China’s 12th Richest Person
Pinduoduo Inc. founder Colin Huang became China’s 12th richest person with the soaring U.S. trading debut of his e-commerce company. The former Google engineer’s $13.8 billion fortune after the IPO pl… ( read original story…
Qualcomm CEO in the ring alone after U.S.-China spat kills deals
“We obviously got caught up in something that was above us, so I don’t know if I would conclude anything about our own business, our ability to invest [in China] or partner with Chinese companies,”…