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 … (…
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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…
AP Interview: China to lead in organ transplants by 2020
China is on track to lead the world in organ transplant surgeries by 2020 following its abandonment of the much-criticized practice of using organs from executed prisoners, the architect of the country’s transplant program said…
Apple is at risk of falling out of the top 5 smartphone vendors in China
Local brand Xiaomi snagged the fourth-place spot that was held by Apple, according to Canalys. The iPhone 8 is expected by some analysts to revamp Apple’s influence in China. It’s an area where Apple has…
Brushing off bank worries, HNA taps Goldman for unit Pactera’s IPO: sources
The sprawling conglomerate has seen its banking relationships come under scrutiny in recent weeks, as Beijing reins in what it sees as excessively splashy deals by China’s top dealmakers. One of the sources said Pactera…
If the U.S. has a steel problem, it shouldn’t be pointing at China
Chinese steel producers are likely becoming more efficient as well, as older, more expensive plants are closed as part of Beijing’s efforts to cut steel capacity by as much as 150 million tonnes. While the…
China opens a movie theater for civilians on its disputed island in the South China Sea
Soldiers of China’s People’s Liberation Army Navy patrol at Woody Island, in the Paracel Archipelago, which is known in China as the Xisha Islands Thomson Reuters BEIJING (Reuters) – China has opened its southernmost cinema…
Chinese state media divided over outcome of Ajit Doval’s Beijing visit
Ahead of NSA Ajit Doval’s visit, China’s state media struck two different notes with the China Daily hopeful of a peaceful resolution to the deadlock with India while the Global Times said the “main schemer’s”…
Panama Opens Embassy in Beijing After Break with Taiwan
Panama has opened an embassy in China, the Central American country’s Foreign Ministry said on Tuesday, deepening its links with the world’s No. 2 economy after its diplomatic break with longtime ally Taiwan. Panama established…
Ajit Doval will be disappointed if he tries to bargain with China over Doklam standoff: Chinese media
“Doval will inevitably be disappointed if he attempts to bargain with Beijing over the border disputes. India’s unconditional withdrawal is China’s bottom line. The Chinese government’s strong determination requesting Indian troop’s withdrawal is backed ……
IMF could be based in Beijing in a decade: Lagarde
Premier Li Keqiang meets with Christine Lagarde, managing director of the International Monetary Fund, in the Great Hall of the People in Beijing on May 14, 2017. [Photo by Liu Zhen/China News Service] WASHINGTON —…