The accusations come ahead of the much-anticipated IPO for the music streaming service operator, the biggest in China with more than 800 million monthly active users, as it seeks to raise as much as U……
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China threatens ‘grave consequences’ if Huawei exec not released
“China strongly urges the Canadian side to immediately release … It also says that Meng and Huawei misled American banks about its business dealings in Iran. The surprise arrest raises doubts about … ( read…
Hong Kong on track for global IPO crown but many new listings sag
But just six of the biggest 20 IPOs in Hong Kong that have begun trading … Hong Kong has been hit by volatility stemming from concerns over a U.S.-China trade war and by slowing growth…
China calls arrest of Huawei CFO “vile in nature” as U.S. opens case
China has threatened Canada with grave consequences if a top … alleging that Meng had hidden ties between Huawei and a company called Skycom that did business in Iran, said a lawyer representing Can… (…
China says U.S. should withdraw arrest warrant for Huawei executive
BEIJING (Reuters) – China’s foreign ministry called in the U.S. ambassador on Sunday to lodge a “strong protest” over the arrest in Canada of Huawei Technologies Co Ltd’s [HWT.UL] chief … ( read original story…
China urges Canada to free Huawei CFO or face consequences
BEIJING/OTTAWA: China warned Canada on Saturday that there would be severe consequences if it did not immediately release Huawei Technologies Co Ltd’s chief financial officer, calling the case … ( read original story …)
U.S. IPO Week Ahead: Tencent Music Leads Upcoming 5-IPO Week
There are three IPOs and two SPACs expected to price this week, the most notable of which is Tencent Music (TME), China’s largest online music-streaming service. Tencent’s long-anticipated IPO is … ( read original story…
‘Jamie’ Qianqian Wu, the fashion trendsetter bringing Australian brands to China
At the Melbourne Cup last month, there were plenty of famous faces downing champagne while draped in expensive threads. However, one face was new. She was dressed to the nines, in an elegant number fr……
Cornerstone IPO: Selling Shares At 400x EPS
Adding $20 million from the IPO, the net asset equals $26 million … Using other companies with assets in China and trading in the U.S., the valuation of Cornerstone seems quite absurd. ( read original…
China takes a step closer to unveiling a new stock market inspired by Nasdaq
At present, the China Securities Regulatory Commission has decision-making control over IPOs. The commission reviews an applicants’ performance in the past years and assesses their earnings potential … ( read original story …)
Tencent Battles With Alibaba For China’s E-commerce Market Plays Out In IPO of Mogu
Market battles between Chinese tech leaders Tencent and Alibaba over China’s fast-growing e-commerce market play a role in the recent U.S. $1.3 billion IPO of Chinese fashion retailer Mogu — the 38th … ( read…
China’s November export, import growth shrinks, showing weak demand
BEIJING (Reuters) – China reported far weaker than expected November exports and imports, showing slower global and domestic demand and raising the possibility authorities will take more measures … ( read original story …)
China’s securities watchdog approves 2 new IPOs
BEIJING, Dec. 8 (Xinhua) — China’s securities regulator has approved the initial public offering (IPO) applications of two companies. Chinalin Securities and Wuxi Shangji Automation Company will be l… ( read original story …)