… tariffs — it imports far less from the U.S. than the U.S. imports from China — but it has other weapons including holding up U.S. M&A deals and business license approvals, these people say.…
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China is so desperate to win its war on drugs, it’s started analyzing people’s sewage for contaminated pee
as China hopes to do in its search for drug dealers. Daniel Burgard, a chemistry professor at the University of Puget Sound in Washington state, told Business Insider: “If the city is large, there is…
Beijing Towers Over This $9 Billion IPO
China Tower Corp.’s Hong Kong IPO looks like a pretty straightforward affair. There’s a reason why fund managers and index compilers treat global peers like American Tower Corp. and Crown Castle Inter… ( read original…
Exclusive: BMW to raise prices of two U.S.-made SUV models in China
BMW’s decision to absorb much of the impact of the higher tariffs echoes an earlier move by U.S. carmaker Ford Motor Co (F.N), which said it would not increase its prices for now in an…
China Tower’s IPO gets cool retail response as trade tensions and unstable markets keep investors cautious
China Tower, the world’s biggest telecoms transmission tower operator, saw a lacklustre response from retail investors on the second day of its US$8.7 billion Hong Kong IPO, as many potential buyers t… ( read original…
China: Qualcomm failed to resolve anti-monopoly worries
BEIJING — Qualcomm Inc. failed to resolve China’s anti-monopoly concerns about its proposed acquisition of NXP Semiconductors, the government said Friday, in a case analysts warned would worsen escala… ( read original story …)
Alibaba’s Movie Business Dominates the Chinese Box Office
That makes the movie business another thing Alibaba can add to its list of things it has dominated in China. Alibaba founder Jack Ma is going after the growing movie business in China. Image source:…
In for the China biotech gold rush, BeiGene eyes monster $800M-plus Hong Kong IPO
Fast on the heels of Ascletis’ record $400 million raise on the Hong Kong stock exchange, BeiGene is proposing its own IPO in the city — to run parallel with its current listing on Nasdaq.…
Sky9 Capital Congratulates PinDuoDuo on Its Successful NASDAQ IPO
BEIJING, July 27, 2018 /PRNewswire/ — Sky9 Capital extends its warmest congratulations to Colin Huang and his team for the successful IPO of PinDuoDuo, the leading social ecommerce platform in China. … ( read original…
Ex-Googler Becomes China’s 12th Richest Person
Pinduoduo Inc. founder Colin Huang became China’s 12th richest person with the soaring U.S. trading debut of his e-commerce company. The former Google engineer’s $13.8 billion fortune after the IPO pl… ( read original story…
Qualcomm CEO in the ring alone after U.S.-China spat kills deals
“We obviously got caught up in something that was above us, so I don’t know if I would conclude anything about our own business, our ability to invest [in China] or partner with Chinese companies,”…
China says still open to talks on scrapped Qualcomm-NXP takeover
The Chinese market regulator added in its statement that the country would treat all companies fairly and that China was open to foreign firms investing and doing business in the country. Gilholm of C… (…
Ex-Google Engineer Huang Catapulted to 100 Richest by PDD’s IPO
Pinduoduo Inc. founder Colin Huang became China’s 12th richest person with the soaring U.S. trading debut of his e-commerce company. The former Google engineer’s $13.8 billion fortune after the IPO pl… ( read original story…
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