Now, the quick service restaurant (QSR) chain has major expansion plans and is even eyeing an IPO. Wow! Momo co-founders … its second brand, Wow! China, launched earlier this summer. … ( read original story…
Tagged By beijing
IPO On Track To Anoint Newest China Real Estate Billionaire
Helped by urbanization and brisk GDP growth, real estate has been a big source of wealth in mainland China during the economic reform era that started four decades ago. Developers that rank among the ……
China approves Shanghai IPO of PSBC
China’s securities regulator has approved an application for an initial public offering (IPO) by the Postal Savings Bank of China (PSBC), one of China’s state-owned commercial lenders. The company, … ( read original story …)
‘Tariff-proof’: One class of recent IPOs is seen as immune to the trade war
Amid the parade of tech IPOs in the first half of 2019 … “They do very little business in China, so any sort of Chinese tariffs won’t impact any of these software companies in a…
AB InBev aims to raise up to $9.8-billion for Asian unit in biggest IPO of 2019
15 for China-focused Tsingtao and 10 for Japan’s Kirin, another Asia-centric brewing giant. The deal will be a welcome boost to Hong Kong, which is lagging behind the New York Stock Exchange and … (…
Anheuser-Busch InBev’s Asia Pacific IPO could raise $9.8bn
The company has already cornered the premium market in China and has been buying up local craft beer brands to reach fashionable millennials with a taste for more expensive brews. The IPO could give ……
Duterte’s stance on EEZ: Filipinos’ lives more important than property
The Philippines’ EEZ is part of China’s nine-dash line claim to almost … the right to life takes precedence over the right to property,” Panelo said. While admitting that the Filipinos’ right … ( read…
China to scrap ownership limits in financial sector in 2020, earlier than planned
The U.S-China trade war has hit business confidence worldwide, disrupted supply chains and shaken financial markets, adding to worries about a global economic slowdown. Fallout from the dispute is … ( read original story …)
The Latest: Hong Kong pro-Beijing lawmakers slam violence
Pro-Beijing lawmakers in Hong Kong have condemned the violence and vandalism of government facilities by protesters. Regina Ip, a former security secretary in the semi-autonomous territory, said such … ( read original story …)
Why Bad News for China Is Good News for Australia
Daniel Moss is a Bloomberg Opinion columnist covering Asian economies. Previously he was executive editor of Bloomberg News for global economics, and has led teams in Asia, Europe and North America. … ( read original…
China state media run footage of Hong Kong protests
Beijing had sought to suppress news of the weeks of protests coinciding with celebrations … government attempt to change extradition laws to allow suspects to be sent to China for trial. Hundreds of … (…
Evergrande, Chinese property firm aiming to catch Tesla, starts electric vehicle production
The company, mainland China’s third-largest property developer by sales, said the car, being developed under its unit Evergrande Health, had gone into production in Tianjin. It did not specify how … ( read original story…
Hong Kong IPOs surge 40% in first half despite political turmoil
If China continues to open its market to startups, this could conceivably affect Hong Kong IPOs. “It is cheaper to list in mainland China than Hong Kong,” noted Xiao Minjie, managing partner at … (…
