Fast-food giant Jollibee Foods Corp. has shut down its hotpot dining business under the 12 Sabu brand in mainland China, mostly to focus on its bigger brands in this part of the world. 12 Hotpot…
Tagged By beijing
BRIEF-China Aoyuan Property Group posts contracted sales of about RMB4,280 mln for Oct
Nov 2 (Reuters) – China Aoyuan Property Group Ltd: * In October 2017, group achieved unaudited contracted sales of approximately RMB4,280 million in total Source text for Eikon: Further company coverage: Our Standards:The Thomson Reuters…
China’s Communist Party Has Ties to $5.15 Billion Hong Kong Property Deal
HONG KONG – Hong Kong’s richest person has just reached one of the world’s largest-ever property deals, and it involves the Communist Party of China. Continue Reading Below Billionaire Li Ka-shing’s CK Asset Holdings Ltd.…
Not until 2020 – comments by Musk on Tesla’s Shanghai factory hit suppliers’ and property stocks
Shares in Tesla suppliers and a Shanghai real estate developer plunged on Thursday, following comments by Tesla chief executive Elon Musk that the electric car maker would not open a widely anticipated factory and make…
Hermès ups China digital game with launch of WeChat pop-up store
a strategic move signalling the brand’s ambition to step up its digital innovation in China. But it also raises the question of just how aggressive it can be in the digital space. The WeChat post…
Fitbit: An Update On China, Channel Checks And Brand Value
Fitbit has experienced some weakness over the course of the past few days, which I believe provides a nice opportunity to add more shares. In this update, I provide an update on China, implications of…
North Korea says China’s Xi wants to boost ties
(CNN)The leaders of China and North Korea have exchanged personal messages, according to North Korean state media, a rare move that could signal a thaw in strained top-level diplomatic relations. In a statement which was…
Tencent Unit’s Hong Kong IPO Draws a Crowd
The tech-stock ardor sweeping the world has reached Hong Kong, judging by the response to China Literature Ltd.’s initial public offering. Continue Reading Below Orders for the IPO of the Tencent Holdings Ltd. unit, expected…
Tencent’s e-book IPO sets stage for music arm’s debut
At the IPO pricing, China Literature would have a market capitalisation of HK$49.9 billion (S$8.7 billion). Shares will begin trading next Wednesday, according to the prospectus. The Tencent unit sells electronic books in a model…
Tencent’s Red-Hot E-Book IPO Sets Stage for Music Arm Debut
China Literature’s Hong Kong coming-out party bodes well for future listings. The Tencent unit priced 151 million shares at HK$55 apiece after drawing orders for more than 600 times the stock available to individuals in…
Tencent Book Unit Begins New Chapter With Massive IPO
Based on an incomplete survey of eight brokerages in Hong Kong, the retail offering portion of China Literature Ltd.’s Hong Kong IPO is likely oversubscribed about 420 times. As the book closed midday Tuesday, those…
Four Seasons Education Seeks $101 Million In U.S. IPO
Four Seasons Education has proposed terms for a $101 million U.S. IPO. The firm operates as a proprietary math education service in China, primarily focused on the greater Shanghai region. Four Seasons has similar growth…
Letv ‘not involved’ in ChiNext probe of IPO fraud: source
A recent probe into former members of the IPO examination panel of the ChiNext stock market, a NASDAQ-style board, has nothing to do with Beijing-based Leshi Information Technology Co (Letv), domestic news site thepaper.cn reported…
