I do not really care about the IPO size of the company. What I care is after the public offering, whether we have better opportunities to hire talent, build our brands and implement strategic plans.”…
Tagged By brands
Breakingviews – Asian IPO slump brings welcome valuation sanity
China Literature, though, subsequently joined other recently listed stars including smartphone maker Xiaomi, food delivery conglomerate Meituan Dianping and hotpot chain Haidilao on the secondary mark… ( read original story …)
Weak markets force Alibaba-backed Babytree to cut size of HK IPO
The recent performance of IPOs has been poor, in part because of weak markets rattled by a China-U.S. trade war and concerns about slowing growth in the world’s second largest economy. ( read original story…
Alibaba-backed Babytree trims size of Hong Kong IPO
The recent performance of IPOs has been poor, in part because of weak markets rattled by a China-US trade war and concerns about slowing growth in the world’s second-largest economy. Hong Kong’s bench… ( read…
Snap reveals US subpoenas on IPO disclosures as part of ongoing regulatory investigations
Snapchat, Amazon follow China with image search and buy The complaint, filed in May 2017 in US District Court in Los Angeles, also alleges that Snap did not disclose a sealed lawsuit brought before th……
China’s Bitcoin Miner Canaan Lets HK IPO Application Expire
China’s Canaan Inc, one of the world’s largest makers of cryptocurrency mining equipment, has seen its application for a Hong Kong initial public offering (IPO) expire, raising doubts on the prospects … ( read original…
Tencent-Backed Fashion Site Mogu Halves IPO Valuation Goal
The IPO would mark the latest in a string of debuts this year by companies backed or controlled by Tencent, a serial investor in China’s tech scene. The more prominent among those included Meituan Dia……
Startups backed by Alibaba, Tencent slash planned IPOs
Also launching a smaller-than-expected IPO this week is Tongcheng-Elong Holdings Ltd. The company, China’s third-largest online travel agent, is backed by internet giant Tencent Holdings Ltd 0700, -0. … ( read original story …)
China’s U-turn on market curbs brings back the speculators
SHANGHAI (Reuters) – Speculators are staging a forceful comeback in China’s stock market, bidding up shares in loss-making companies as regulators ease rules around trading, fundraising and … ( read original story …)
Behind China’s startup surge: meritocracy and ‘growth hacks’
They are not bound by legacy ways of doing business in the U.S., the venture investors said. It starts with China’s tech culture, which has a meritocratic system that rewards success and speeds the gr……
Alibaba-backed Babytree cuts Hong Kong IPO size by 70 per cent amid glut of new offerings and depressed stock market
Babytree Group, China’s biggest parenting platform operator … is the latest company to downsize the value of its IPO, after the supply of new shares has jumped this year and the benchmark Hang Seng ……
China’s NetEase raises $600M for its music streaming business
As Tencent Music, China’s largest streaming firm, reportedly stalls on its proposed U.S. IPO, one of its closest challengers is doubling down. NetEase Cloud Music, a rival operated by games and … ( read original…
China’s Premier Reassures Region on Growth, South China Sea
China can energize its slowing economy by adjusting policies, such as streamlining procedures like business registrations, taxes and fees, Li said in a lecture on the sidelines of the annual summit of … ( read…
ADVERTISEMENT
