The Chinese company behind the fast-growing Perfect Diary cosmetics brand has picked Goldman Sachs Group Inc. and Morgan Stanley to prepare for a potential initial public offering, according to people … ( read original story…
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China Tech Giant Tencent Duped By Saucy Scammers
The dispute between Tencent — owner of the WeChat app — and legendary Chinese sauce Lao Gan Ma heated up this week when a court in the southern city of Shenzhen announced it would freeze…
Apple to China 5G iPhone Manufacturers: Ramp it Up Stat
Apple is reportedly putting pressure on its China suppliers to ramp up production of its pending 5G-enabled iPhones amid what it expects to be hot demand. ( read original story …)
IPO Update: Quhuo Limited Proposes U.S. IPO Terms
Quhuo Limited has filed to raise $27 million in a U.S. IPO. The firm provides staffing services to on-demand companies in China. QH has grown quickly but is fac … ( read original story …)
Chinese LGBTQ platform BlueCity Holdings sets terms for $85 million US IPO
BlueCity Holdings, a leading online LGBTQ community and dating platform in China, announced terms for its IPO on Wednesday. In its latest filing, the company also removed CITIC as an underwriter and … ( read…
China reopens but businesses struggle to lure back consumers
China’s economy has reopened but retailers, restaurants and other businesses that employ millions of people are struggling to lure back consumers who worry about the virus and possible job losses … ( read original story…
China Highlights Blockchain in Pandemic Preparedness Strategy
China is looking into the use of blockchain technology to promote data sharing among medical institutions amid future pandemics … ( read original story …)
Chinese workforce solutions provider Quhuo sets terms for $27 million US IPO
Quhuo, which provides workforce operations solutions for consumer service platforms in China, announced terms for its IPO on Tuesday. The Beijing, China-based company plans to raise $27 million by … ( read original story …)
Global markets post best quarter in a decade as China’s factories strengthen – business live
Rolling coverage of the latest economic and financial news … ( read original story …)
IPO fundraising doubles in H1 despite COVID-19
IPO fundraising doubled year-on-year in the first half of this year despite the fight against COVID-19, the 21st Century Business Herald reported on Tuesday. The normal operation of issuing and … ( read original story…
Detergent maker Blue Moon Group files for US$1 billion Hong Kong IPO
Laundry detergent maker Blue Moon Group to pursue IPO in Hong Kong as soon as the third quarter, according to a person familiar with the discussions. ( read original story …)
Kweichow Moutai: ‘Elite’ alcohol brand is China’s most valuable firm
Despite producing one of China’s most prestigious brands, few people will have heard of it outside of the country until now. As its value has risen, Kweichow Moutai has leapfrogged Industrial & … ( read…
VF Corp. Makes a Change Aimed at Fueling Growth in China
“When we introduced our new global business strategy in 2017, we declared our commitment to invest in our [Asia Pacific] region and accelerate growth for our brands, all with a particular emphasis on … (…
