Shares of China Renaissance fell after full-year net profit came in below analysts’ estimates despite a healthy jump in revenues. The investment bank, which focuses on providing financial services to … ( read original story…
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Samsung Elec sees green shoots in China smartphone business: co-CEO
SEOUL (Reuters) – Samsung Electronics Co Ltd said on Wednesday its new Galaxy flagship smartphones were selling well in China and it was confident it could reverse the recent slump in its fortunes … (…
Boeing’s woes are the latest hiccup in China trade talks
“A week ago, it seemed like we were close to an agreement,” said Craig Allen, president of the U.S.-China Business Council. “I think that delay could be a cause for concern that we’re not as…
China’s Largest Streaming Site Is Coming After TikTok
(Bloomberg) — China’s most popular Netflix-like streaming service is … get game distribution and online reading businesses off the ground. “The advertising business is slowing down, but our paid … ( read original story …)
New GSMA Study: China’s Mobile Ecosystem Equivalent To 5.5% Of China’s GDP
China’s Mobile Industry Set to Drive Economic Growth Into the 5G Era BEIJING — China’s mobile ecosystem added RMB5.2 trillion ($750 billion) in value to the country’s economy last year … ( read original story…
China’s GoPro rival plans IPO in 2020 after raising fresh round of funding
Insta360, a Chinese company that sells cameras able to film 360-degree video, said on Wednesday it had raised $30 million in funding. Chief Executive JK Liu told CNBC the company would go public in ……
Jumia: Africa’s First Billion-Dollar Unicorn Files For Its IPO
However, investing in Jumia’s IPO doesn’t come without its share of risks and considerations. Let’s discuss. Jumia is an African ecommerce company that is very similar to Alibaba (BABA) of China … ( read original…
HK suspends UBS sponsor licence, fines it and others $100 mln for IPO failures
The IPOs in question were those of China Forestry, sponsored by UBS and Standard Chartered, and Tianhe Chemicals, sponsored by UBS, Merrill Lynch and Morgan Stanley. UBS was also fined for failing … ( read…
UP Fintech expects IPO to price between $5 to $7, raise up to $91 million
UP Fintech Holding TIGR, +0.00% disclosed Monday the terms set for its initial public offering, in which the China-based online brokerage focused … to go public at a time that the Rennaissance IPO … (…
Exclusive: Metro kicks off China unit sale, likely to fetch $2 billion valuation: sources
HONG KONG (Reuters) – German wholesaler Metro AG has kicked off the sale of its China operations by calling for bids, in a deal that would value the business at between $1.5 billion and $2…
Macron’s Africa visit reveals determination to weaken China’s grip on the continent
“For a lot of French companies this has meant fierce business with deals often being signed behind closed doors,” added Cabestan who also acts as a member of the French Centre for Research on ……
China hits out at ‘abnormal, immoral’ attacks on Huawei
China’s foreign minister lashed out Monday at “abnormal, immoral” attacks on Huawei amid growing concern, led by the US, that the telecom giant poses a security risk to the West. Wang Yi demanded a ……
China Likely Bottoming For IPG Photonics, But Rising Competition Is A Threat
IPG’s important China business may be bottoming out, but IPG is facing more serious competition from local Chinese rivals like Raycus and Han’s Laser. IPG is still well ahead of its rivals in … (…
