Shares of high-end hotel operator Wynn Resorts fell more than 6 percent Wednesday after the company said gambling at their tables decreased in Macau. Wynn said mass market operations, or walk-in business, from Wynn Macau…
Tagged By beijing
Hunting rhinos: What Dalian Wanda saga says about China
That was the stark assessment a long-time China watcher gave me while discussing what’s happening to one of the country’s richest men, Wang Jianlin. Mr Wang, once considered a Beijing favourite, seems to have fallen…
Pyramid Investigation Has Investors Protesting Near Heart of Beijing
BEIJING — Many hundreds of Chinese investors set to profit from what the police have called a pyramid scheme took to the streets of Beijing on Monday, not to protest the business in which some…
China denies its jets operated dangerously in US encounter
China on Tuesday denied its fighter jet pilots operated dangerously during an encounter with a U.S. surveillance plane in international airspace in which the American pilot took evasive action to avoid a possible collision. Spokesman…
Hong Kong-China train station could apply mainland law
Under the new plan, passengers will be able to undertake border clearance procedures for both Hong Kong and China successively in one building in West Kowloon, Hong Kong. And it will be mainland law which…
US and China report progress on new North Korea sanctions
UNITED NATIONS – The United States and China said Tuesday they are making progress on a new U.N. resolution that would impose additional sanctions against North Korea following its test of an intercontinental ballistic missile.…
Xiaomi edges past Apple in China’s Q2 smartphone sales, as local brands extend lead
China’s home-grown brands continue to gain ground in the world’s largest smartphone market, pushing aside Apple and Samsung Electronics with their offerings of sophisticated models at reasonable prices. Huawei Technologies, the world’s largest … (…
China’s underground anime fan culture is changing how brands market in China
Some Chinese tech firms get all the attention. BATJ, Xiaomi, ofo, and all the “sharing economy” startups have dominated headlines over the past few years. However, there is another group of companies who choose to…
Shanghai sets up first intellectual property protection center
China’s first intellectual property protection center was established on Tuesday in Shanghai’s Pudong District, Thepaper.cn reported. The report said a “green pathway” was launched to enable the fast examination of patents, which should decrease ……
Chengtong, China Logistics Property plot dollar bonds
First-time issuers China Chengtong Holdings Group and China Logistics Property Holdings Co are preparing for their dollar fundraisings, tapping banks to lead their respective offerings. ABC International, BOC International, China Construction Bank (Asia … (…
Report: Xiaomi sales climb but Huawei remains China’s top smartphone brand
China’s Xiaomi, once the world’s highest valued tech startup … He also held positions at Kingsoft, leading the company to its IPO on the Hong Kong stock Eexchange. He currently serves as Chairman of UCWeb,…
China to ensure quality, normalization of IPOs
China’s securities regulator will make more efforts to ensure the quality of initial public offerings (IPOs) and maintain the trend of IPO normalization, an official statement said Wednesday. The China Securities Regulatory Commission (CSRC) will…
Business survival between rival US and China dreams
The advent of Xi Jinping in China and Donald Trump in America has disrupted both nation’s governance and external relations, creating a whole new set of ambiguities for multinational companies and financial institutions. The riptide…
