although that hasn’t stopped it from regaining its crown as the world’s top IPO venue this year. Also, the escalating trade war with the U.S. could mean that Beijing is pulling levers to make ……
Tagged By beijing
China’s app for everything Meituan Dianping jumps in IPO
A Meituan delivery scooter in Beijing. The company plans to use the cash from the IPO to upgrade its technology, develop new products and services, and make acquisitions and investments. ( read original story …)
Despite trade war, US investors embrace unprofitable Chinese IPOs in plan for long-term gain
Historically, about 39 per cent of listing companies from China were losing money at the time of their IPO, according to Ritter’s data, which goes back to 1993. The healthy appetite shows that investo… (…
Private Businesses Built Modern China. Now the Government Is Pushing Back.
Mr. Wu gave rare official voice to a growing worry among Chinese entrepreneurs, economists and even some government officials: China may be stepping back from the free-market, pro-business policies th… ( read original story …)
Secretary of State Mike Pompeo to Visit Beijing Amid Tension
BEIJING — U.S. Secretary of State Mike Pompeo is due to visit Beijing next week amid tensions over trade and China’s territorial claims in the South China Sea. China’s foreign ministry announced Pompe… ( read…
China slams ‘irresponsible’ United States over shelved security talks
SHANGHAI (Reuters) – China’s foreign ministry criticized the United States for suggesting that Beijing was behind the cancellation of sensitive security talks planned for this month … ( read original story …)
Private Businesses Built Modern China. Now the Government Is Getting Involved.
Mr. Wu gave rare official voice to a growing worry among Chinese entrepreneurs, economists and even some government officials: China may be stepping back from the free-market, pro-business policies th… ( read original story …)
Tim Cook took a subtle swipe at Google over how Apple does business in China
Apple CEO Tim Cook said in an interview with Vice that Apple views data privacy as a human right, and encrypts data the same way in China as it does in every other country. He…
Data Sheet—China’s Tech Debutantes Still Dazzle, Despite Uncertainties
Investors don’t seem that put off by the lackluster post-IPO performance of this year’s China tech debutantes. The most dazzling prospect of them all, Alibaba Group spin-off Ant Financial … ( read original story …)
Why Canada likely just gave the U.S. and Mexico a say over its own trade talks with China
… Canada is going to be negotiating a trade agreement with China, they have to keep them [the U.S.] up to date,” he told Global News. Foreign Affairs Minister Chrystia Freeland and Prime … (…
China orders actress Fan Bingbing to pay massive tax fine
The announcement ended months of speculation over one of China’s highest-profile entertainers since she disappeared from public view three months ago amid reports she was being investigated for tax fr… ( read original story …)
China hits movie star Fan Bingbing with huge fines for tax evasion
BEIJING (Reuters) – China has ordered A-list movie star Fan Bingbing to pay about 884 million yuan ($129 million) in overdue taxes and fines, state news agency Xinhua said on Wednesday … ( read original…
China fines movie star Fan Bingbing in high-profile tax evasion case
state news agency Xinhua said on Wednesday. Fan appeared in the “X-Men” and “Iron Man” film franchises with more than 62 million followers online in China. She dropped off the radar in … ( read…