Beijing has unseated Silicon Valley as the top technology hub in the world — at least according to one report. Expert Market, a business resource company, released its second annual Top Tech Cities in the…
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U.S. IPO Week Ahead: China’s #2 Search Engine Leads Busiest Week Of 2017 With 10 IPOs
The 4Q17 powers ahead with 10 IPOs scheduled to raise $2.0 billion in the week ahead. That would make it the IPO market’s busiest week of the year. The activity level is unsurprising given the…
Hong Kong tech IPO bonanza a mixed blessing as Coach, Glencore head for the exit
China Literature listing expected to leave ZhongAn’s IPO in its shadow Its record however was quickly and easily surpassed by China Literature, the mainland’s largest online publishing and e-book site, which has just completed its…
US IPO Week Ahead: China’s #2 search engine leads busiest week of 2017 with 10 IPOs
REIT focused on US suburban office and flex real estate. Hat-trick from China: Search, loans and education Sogou ( SOGO) is China’s second-largest provider of mobile search, a multi-billion-dollar market. It is also the fastest-growing,…
China approves 5 IPO applications
BEIJING, Nov. 4 (Xinhua) — China’s securities regulator has approved IPO applications from five companies, which will raise up to 5.4 billion yuan (about 814 million U.S. dollars) in the A-share market. Two companies will…
One of China’s most powerful CEOs believes the future of US industry lies in the Middle Kingdom
As China has opened up, the symbolism that once connected it to many nations around the world has been replaced by new business partnerships, economic ties, and cultural exchanges. This new era of what I…
China’s financial planning platform: Jianpu Technology sets terms for $214 million US IPO
Jianpu Technology, which provides a wealth management platform in China, announced terms for its IPO on Friday. The Beijing, China-based company plans to raise $214 million by offering 22.5 million ADSs at a price range…
China Search Engine Company Sogou Ready For $540 Million IPO
Beijing-based Sogou, which is also backed by Tencent Holdings … Sogou considers its strategic strength to be its prowess in artificial intelligence. It expects the IPO to reap $501 million in net proceeds, which it…
Beijing on smog alert as choking winter looms
Beijing has issued its first orange smog alert ahead of the winter when air pollution levels usually soar in northern China as power is ramped up to fuel central heating systems. The orange alert, the…
Tencent’s China Literature $1.1 Billion IPO Speaks Volumes About Value of IP in China
In China, a whole new industry chain surrounding online literature IPs is taking form and now involves music, games, TV dramas, and movie production. China Literature has raised $1.1B after pricing its Hong Kong IPO…
Chinese startups challenging foreign condom brands
“Now, more domestic brands have entered the industry with new technologies and fresh marketing ideas as their driving forces. Made-in-China condoms are no longer synonymous with low prices and poor quality. You can now find…
China to step up checks on illegal financing of property: state media
BEIJING (Reuters) – China’s central bank, its banking regulator and the housing ministry have asked banks to step up checks on property downpayment sources, including income authenticity, state news agency Xinhua reported on Friday. China…
China dispute’s Trump’s claim of ‘flood’ of fentanyl into U.S.
China doesn’t deny that some fentanyl produced illicitly inside the country is contributing to the epidemic, Wei Xiaojun, deputy director-general of the Narcotics Control Bureau of the Ministry of Public Security, said at a news…
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