Large banks in China are trading at 4.6x-5.5x … If the company continues the same beneficial pace after the IPO, shareholders should benefit from it. The amount of employees shows that CNFinance … ( read…
Tagged By beijing
China postpones lifting rhino, tiger parts ban
China appeared to backtrack on a controversial decision to lift … But in an interview transcript published by the official Xinhua news agency, a senior State Council official said the new rules have … (…
Questions raised over Bitmain profits after IPO filing
“I am not a fan of the bitcoin infrastructure play,” said one venture capitalist with offices in Hong Kong and Beijing. “It is fairly speculative in nature and these machines don’t really create signi… (…
China reconsiders its controversial decision to lift the ban on the use of tiger and rhino products
China’s reversal of a ban on endangered rhino and tiger products … But in an interview transcript published by the official Xinhua news agency, a senior State Council official said the new rules hav… (…
Apple was the top-selling mobile phone brand on Alibaba platforms during Singles Day, beating Chinese rivals
In 24 hours, thousands of brands put massive discounts on their products. The figures provided by the Chinese firm did not provide details on what kind of iPhones were purchased. Huawei, China’s large… ( read…
Australian brands woo shoppers at China’s Singles’ Day sales
Shanghai |Swisse vitamins, A2 milk and Australian beef were amongst the top-selling brands flying off the online shelves during the world’s biggest annual shopping extravaganza over the weekend. But w… ( read original story …)
China says will further open up its economy, slams rising protectionism
“China has opened its door to the world … to relations that has worsened with tit-for-tat tariffs in recent months. Meanwhile, in remarks at a business summit on Monday ahead of this week’s meetings ……
Behind China’s drought of initial public offerings lies 35 exhausted and overstretched regulators
A stock market devoid of IPOs is a stagnant pool. China is in another listing drought, two years after the floodgates of initial public offerings (IPOs) were reopened. So far this year, just 80 compan……
China Steel Website Drops Dual-Class Structure for IPO
Chinese steel trading website Zhaogang.com Inc. is dropping plans to use a dual-class share structure in its Hong Kong initial public offering, people with knowledge of the matter said. Zhaogang.com p… ( read original story…
IPO Update: Weidai Finalizes Terms For U.S. IPO
(Note: Weidai (WEI) is a candidate for inclusion in my personal IPO portfolio.) Hangzhou, China-based Weidai was founded in 2011 to develop and operate an automated cloud-based platform that … ( read original story …)
China Renaissance buyback aggravates IPO botch
HONG KONG, Nov 7 (Reuters Breakingviews) – China Renaissance’s buyback aggravates a botched Hong Kong float. Roughly a month after its pared-down initial public offering, the $1.3 billion boutique tec… ( read original story …)
China’s Ruyi, pretender to LVMH’s throne, plots more ‘affordable luxury’ deals
HONG KONG/BEIJING (Reuters) – China’s acquisitive apparel firm Shandong Ruyi is targeting more global deals involving “affordable luxury” brands, under a push to establish the first high-end … ( read original story …)
In China, Desperate Patients Smuggle Drugs. Or Make Their Own.
Sui-Lee Wee has been a correspondent for The New York Times in the Beijing bureau since October 2016. She covers business in China, Chinese consumers, health care and the intersection of demographics … ( read…
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