China is the world leading consumer of glasses, from children to the elderly, all of them are consumers. According to Euromonitor, Sunglasses retail sales have been increasing by over 7% per year sinc… ( read…
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China is making it harder to invest in smartphone maker Xiaomi
The stock has gained about 24% compared to its IPO price. A spokeswoman for Xiaomi declined to comment on the ruling. Related: China wants its top tech firms to bring their shares home Xiaomi went…
STX Targeting August IPO in Hong Kong (Report)
Hollywood mini-studio, STX Entertainment is looking at going ahead with its planned IPO in Hong Kong as soon as next month. Hong Kong finance industry sources Monday echoed a report in the South China ……
China’s Strong Economic Growth Figures Belie Signs of Weakness
China’s spending on bullet trains, highways and bridges has long driven its growth. That spending has kept steel and concrete factories in business and helped provide paychecks to millions of workers. … ( read original…
Canada faces ‘collateral damage’ in escalating U.S.-China trade war
OTTAWA – Grim scenarios of collateral damage for Canadian consumers and businesses are emerging in response to escalating the U.S.-China trade war. The Trump administration has taken aim at China by i… ( read original…
Didi’s financing plans may slow as it eyes IPO in 2019
Didi Chuxing, China’s ride hailing giant, may be slowing down its plan to raise funds and could be considering an IPO in the second half of next year partly because the need for fresh financing…
Tim Hortons plans 1,500-store China expansion
Tim Hortons is betting that the iconic Canadian brand will resonate in China, as the coffee chain plans its biggest move yet in a two-year-old international expansion strategy that has seen it go to t……
China says US companies should lobby Washington over trade
China has a “great potential consumer market that is steadily more open,” said Gao. “We will continue to improve the business environment and protect the legitimate rights of foreign companies in Chin… ( read original…
U.S. companies in China mostly oppose tariffs, survey shows
Nearly 69 percent of the 434 respondents to the annual China Business Climate Survey of the American Chamber of Commerce in Shanghai opposed tariffs, while 8.5 percent backed them. The survey, conduct… ( read original…
Xiaomi’s deflated IPO: What are the lessons?
One can only speculate now as to whether the tepid investor response was due to bad timing for the mega-IPO, given the escalating trade war between the US and China and a generally weak broader…
U.S. firms doing business in China mostly oppose tariffs, survey shows
SHANGHAI (Reuters) – Most U.S. businesses operating in China oppose the use of tariffs in retaliation for the challenges they face, from an uneven playing field to poor protection of intellectual prop… ( read original…
IPO ALERT: Chinese Tech IPOs Continue Despite Trade War
Investors have been feeling it ever since President Donald Trump provoked a trade war with China, yet there’s a silver lining to consider: Chinese tech giants are going public at a steep discount. We ……
China vows to hit back over U.S. proposal for fresh tariffs
China could also limit visits to the United States by Chinese tourists, a business that state media said is worth $115 billion, or shed some of its U.S. Treasury holdings, Iris Pang, Greater China eco……
