The Mercedes-Benz A-Class sedan is all set to make its debut at the upcoming Beijing Motor Show (Auto China 2018) later this week. But before that, an image of the new A-Class sedan has already…
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Chinese Ride-Hailing Giant Hits Accelerator on Talks for Potential IPO
China’s Didi Chuxing Technology Co., one of the world’s largest ride-hailing companies, is holding discussions about a multibillion-dollar initial public offering that could happen as soon as this year, according to people familiar with the…
China’s Tropical Hainan Is All Sand, Sea… and Property Curbs
China’s tropical island of Hainan is basking in the glow of a raft of favorable economic policies, some unveiled by none other than President Xi Jinping. But, now, it’s also notable for something else: China’s…
China, Hong Kong stocks rally as Beijing vows to hit economic targets
SHANGHAI, April 24 (Reuters) – China and Hong Kong stocks rallied strongly on Tuesday, led by property and consumer companies, as the Communist Party declared its determination to achieve this year’s economic targets in the…
Beijing’s man in Hong Kong invites city democrats to his office (and they are very wary)
Beijing’s top man in Hong Kong on Monday used his first visit to the Legislative Council since taking office to push for rational decision-making, “togetherness” and patriotism as core values of the chamber. Wang Zhimin,…
Beijing 2022 launches brainstorming session to learn from PyeongChang 2018
The organizers of Beijing 2022 launched a wide range of discussions to better learn from PyeongChang 2018 on Monday. Participants from the Beijing Organizing Committee, relevant government departments, venue owners, designers and other stakeholders of…
How Bollywood movies are making their mark in Beijing
India has sought more space in China’s entertainment industry, in a sign of growing confidence in its cinematic exports. Indian officials who visted Beijing recently proposed the creation of two additional “working groups”, one on…
2018 Beijing Motor Show preview: BMW iX3, Skoda Kamiq and more
There are just days to go before China’s most important motoring event – the Beijing Motor Show – opens its doors. A number of motor shows have already taken place this year, notably in New…
Why One Fool Bought the iQiYi IPO on the Very First Day
In this segment of the MarketFoolery podcast, host Chris Hill and Million Dollar Portfolio’s Matt Argersinger reflect on the recently IPO’d iQiYi (NASDAQ:IQ), which Baidu spun off. Essentially, this was China’s Google hiving off China’s…
Tencent Music Plans IPO; Valuation Could Exceed $25 Billion
Tencent Music Entertainment Group, China’s largest music-streaming company, is preparing what would be one of the biggest technology IPOs ever following the successful debut of its European counterpart, Spotify Technology SA. The digital-music business ……
China’s Spotify Prepares For Tech Industry’s Biggest IPO Ever
Heralded the ‘Spotify of China’, dominant Chinese music streaming company, Tencent Music, is reportedly preparing for an IPO – an event forecast to be the biggest tech IPO in history yet. The news follows the…
Tencent Music plans IPO for second half of 2018
[Photo/IC] Tencent Music Entertainment Group, China’s largest music-streaming company … considered the latest sign the IPO market is gaining steam. Tencent Music’s offering could value the business in excess of $25 billion, a sharp jump…
iQIYI And Chill: The ‘Netflix Of China’ Can Be Your Next Multibagger
iQIYI (IQ) – a spin-off from the “Google of China” Baidu (BIDU) that just raised $2.25 billion in its March 2018 IPO – is a leader in mainland China’s online video market. Its paying subscribers…