China has lodged stern representations with the United States, its foreign ministry said on June 4, over comments by U.S. Secretary of State Mike Pompeo urging it to come clean on the anniversary of the…
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China’s Xiaomi plans $3 billion CDRs in blockbuster July IPO: sources
HONG KONG (Reuters/IFR) – Chinese smartphone and connected device maker Xiaomi plans to raise up to 30 percent of its blockbuster $10 billion IPO by selling shares in mainland China while offering the remainder in…
China says in principle door is open to talks with U.S. on trade
BEIJING (Reuters) – China’s door to talks is open in principle, the country’s Foreign Ministry said on Monday, a day after Beijing warned that any trade and business deals reached with Washington would be void…
China’s Xiaomi eyes $3 billion CDRs in $10 billion July listing plan: sources
HONG KONG (Reuters/IFR) – Chinese smartphone maker Xiaomi plans to raise up to 30 percent of its blockbuster $10 billion IPO by selling shares in mainland China while offering the remainder in Hong Kong, people…
China warns U.S. won’t get trade benefits if tariffs implemented as talks end
BEIJING (Reuters) – China warned the United States on Sunday that any agreements reached on trade and business between the two countries will be void if Washington implements tariffs and other trade measures, as the…
China’s moves to cap first-day IPO gains prove to be a winning ticket for issuers and investors
For A-share IPOs, the measures introduced by the Shanghai and Shenzhen stock exchanges in June 2015 to cap the first-day gains at 44 per cent to tame speculative price swings, have turned out to be…
Baidu, Alibaba, and Tencent Are All Investing in This Hot IPO
FII’s IPO is expected to be China’s biggest domestic offering in three years, and will raise 27.1 billion RMB ($4.2 billion) and give the company a $43 billion valuation upon its market debut. The IPO…
Xiaomi, bound for IPO, woos fans (and investors) at glitzy launch
SHENZHEN, China (Reuters) – Chinese smartphone maker Xiaomi [IPO-XMGP.HK], lining up for a $10 billion IPO, held a rock concert-style launch on Thursday to unveil its latest flagship smartphone and a virtual reality headset developed…
Asian hotpot operator becomes latest retail frenzy IPO
Simon Wong Kit-Lung, chairman and president of LH Group, said at the IPO press conference on May 14 that the company is planning to expand its business in mainland China and Southeast Asia and has…
Why China is making brands nervous to acknowledge Taiwan
The world’s largest companies are starting to feel China breathing down their necks, as the economic superpower has started extracting apologies from major brands that do not refer to Taiwan as Chinese territory. The democratically…
China and Russia could be looking for a back door to Western intelligence through the ‘soft underbelly’ of New Zealand
An aggressive strategy has sought to influence political decision-making, pursue unfair advantages in trade and business, suppress criticism of China, facilitate espionage opportunities, and influence overseas Chinese communities.” The report is based on … (…
Anarchy in … China? Wealthy Generation Z prefers domestic brands over foreign names and are more wilful, report says
China’s teenagers no longer think foreign brands are superior and are increasingly turning to home-grown names amid a perception that they are better quality with an improved user experience, says a new report, turning decades…
Trump renews China tariff threat, complicating talks
China had complained strongly that the ban would put ZTE out of business, costing 70,000 jobs. Trump tweeted last month that the ban threatened too many Chinese jobs and he wanted to get the company…
