HONG KONG (Reuters) – China Tower Corp Ltd’s (0788.HK) shares opened virtually flat on their debut in Hong Kong on Wednesday, with escalating Sino-U.S. trade tensions weighing on investor sentiment to… ( read original story…
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Here’s The 7 Bad Boys of China’s Luxury Brands
For luxury labels, choosing the right brand ambassador in China can be a daunting task. Many of China’s online youngsters are rabidly loyal to their chosen idols, and shows like Idol Producer reinforc… ( read…
China, new brands lead IHG’s first half
InterContinental Hotels Group executives said the company is expanding in China via its Franchise Plus platform and is growing both organically and through bolt-on acquisitions from recently embedded … ( read original story …)
The Bad Boys of China’s Luxury Brands
For luxury labels, choosing the right brand ambassador in China can be a daunting task. Many of China’s online youngsters are rabidly loyal to their chosen idols, and shows like Idol Producer reinforc… ( read…
China Tower pursues 5G ambition with $6.9bn Hong Kong IPO
HONG KONG — Despite the shock waves from a full-blown trade war with the U.S., China continues to harbor a dream of being a global leader in fifth-generation wireless communications. It has sent Chin… (…
Exclusive: Alibaba merging China food delivery units to counter Tencent-backed Meituan – sources
HONG KONG (Reuters) – Alibaba Group (BABA.N) plans to merge its food delivery units and raise funds for the combined business, intensifying a battle with Tencent-backed Meituan Dianping for dominance … ( read original story…
China’s Didi to invest $1 billion in its auto services platform
China’s largest ride-hailing service, said on Monday it will invest $1 billion in its auto services business, part of a larger unit rebranding as the company ramps up to a widely anticipated initial p… (…
China Tower raises most in an IPO globally since 2016
China Tower Corporation, the world’s largest telecommunications tower group by revenue, has raised $6.9bn its initial public offering, the biggest amount garnered globally in a market debut since 2016 … ( read original story …)
China Tower prices IPO at bottom of price range after weak retail interest, raising US$6.9 billion
China Tower has priced its initial public offering at the bottom of the indicative price range, raising HK$54.3 billion (US$6.9 billion) amid lukewarm retail investor interests, according to several p… ( read original story …)
Heineken, China Resources Beer seal $3.1 billion tie-up in premium brands push
HONG KONG/SHANGHAI (Reuters) – Heineken NV (HEIN.AS) is buying a $3.1 billion stake in the firm controlling China Resources Beer (0291.HK), China’s largest brewer, as the companies seek to tap a growi… ( read original…
China July services new business growth weakest since December 2015: Caixin PMI
BEIJING (Reuters) – China’s services sector expanded at the weakest pace in four months in July, as there was the least growth in new business since December 2015, a private survey showed on Friday. F……
Heineken seals $3.1 billion tie-up with China Resources Beer, shares surge
“In Heineken we have found the perfect partner to achieve our ambitions in China and – as an international partner – to support us in growing our business outside China.” The companies are conducting ……
China urges U.S. to ‘calm down’ in trade dispute, says its tactics will not work
SINGAPORE/BEIJING (Reuters) – China on Thursday urged the United States to “calm down” and return to reason after the Trump administration sought to ratchet up pressure for trade concessions by propos… ( read original story…
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