Alibaba owns the South China Morning Post. Alibaba chose to list its shares in New York in 2014, in a world record-breaking US$25 billion IPO. The choice of New York followed Hong Kong’s refusal to…
Tagged By beijing
Trump’s SEC Nominee Was Alibaba IPO Advisor
Alibaba shares are up 1.6% this afternoon, while the iShares China Large-Cap exchange-traded fund (FXI) is up 1.2%.Trump’s suggested SEC appointee, Jay Clayton, is a partner with New York law firm Sullivan & Cromwell, which…
Asia-Pacific IPO market to rebound from weak 2016 on China financial deals
HONG KONG Dec 30 Share sales in Asia ex-Japan are set to rebound in 2017 from three-year lows this year, driven by listings of financial firms in Greater China, including the world’s biggest fintech IPO,…
China Tower IPO, investment from internet giants may boost mainland telecoms expansion
A highly anticipated initial public offering and potential investment from mainland internet giants could give a boost to China’s telecommunications industry next year, driving the efforts of its three incumbent network operators to step up…
China factory activity rises to near four-year high
China’s factory activity picked up more than expected in December as demand accelerated, with output reaching a near six-year high, a private business survey showed on Tuesday, giving the manufacturing sector a solid boost heading…
China tells Donald Trump to lay off Twitter
(CNN)China has slammed US President-elect Donald Trump over his use of Twitter to conduct international diplomacy in a commentary published by the country’s official news agency Xinhua. Trump has earned a reputation for making unpredictable…
Attacker sneaks into school, stabs 11 children in China
BEIJING — Local authorities in southern China say an attacker has stabbed 11 children at a kindergarten, and five of them are seriously injured. A statement from the Pingxiang city government’s information office Wednesday said…
China data to show economy gained momentum heading into 2017 but risks abound
SHANGHAI (Reuters) – A raft of data from China in coming weeks is expected to show the world’s second-largest economy carried solid momentum into 2017, thanks to heavy government stimulus and a construction boom that…
Apple yanks New York Times apps in China
All the news that’s fit to ban — that’s essentially China’s position on The New York Times. After blocking the U.S. publication’s English and Chinese websites for nearly five years, Chinese authorities have now had…
China to spend $493 billion on green power by 2020
China will plough 2.5 trillion yuan ($493 billion) into renewable power generation by 2020, the country’s energy agency says, as the world’s largest energy market continues to shift away from dirty coal power towards cleaner…
China's miners gamble on spot coal despite Beijing pressure
while China Shenhua Energy Co Ltd reported its best quarterly profit since the final quarter of 2014. If the miners have misjudged, however, it could be welcome news to the utilities, many of which are…
Apple removes NY Times apps in China
Apple has complied with a request from Chinese authorities to remove two New York Times apps from its app store in China, the newspaper. The US technology giant removed both the English-language and Chinese-language news…
China should let yuan fall, says the latest economist to join call for central bank to change tack
China should stop its heavy intervention in the yuan exchange rate and allow a one-off devaluation of the yuan, according to the finance professor at the prestigious Tsinghua University and author of China’s Guaranteed Bubble.…
