Tag: business

The revised IPO one day before its market debut suggested weak investor ... a person close to the deal told Reuters. Best was banking on China’s booming logistics market to justify its valuation, but concerns over competition, along with rising fuel ... ( read original story ...)

It says the goal is to "increase foreign investment." Investment into China fell in the first half of 2017 following two decades of regular double-digit annual increases. That reflects what business groups say is growing frustration with difficult ... ( read original story ...)

China’s new middle class are increasingly turning away from leisure activities such as singing karaoke to seek novel experiences such as cruise holidays and thrilling rides in theme parks, according to a survey by consultancy OC&C. “What becomes ... ( read original story ...)

China has historically been North Korea's biggest trading partner — and it's not even close. Business Insider put together two charts comparing North Korea's imports and exports by country using 2015 data from the Observatory of Economic Complexity (OEC ... ( read original story ...)

SHANGHAI, Sept 20 (Reuters) - China stocks edged higher on Wednesday, with sentiment propped up by signs of optimism among business leaders and expectations the government won’t tolerate sharp volatility in the country’s financial markets ahead of next ... ( read original story ...)

Josh Olszwicz, a bitcoin trader, told Business Insider the markets are ignoring news out of China because it has zero impact on the coin's actual blockchain technology. "If it doesn't affect the protocol, then it's not a real problem," he told Business ... ( read original story ...)

BEIJING (Reuters) - A top European business lobby said on Tuesday it hopes the new leadership to emerge from China’s Communist Party meeting will show a commitment to market opening, but that its members were not optimistic and suffering from “promise ... ( read original story ...)

A man walks in the compound of a distribution hub of the Chinese logistics company Best Inc in Beijing, China June 27 ... expected a price range of US$13 to US$15 per ADS and an IPO consisting of 53.56 million new shares and 8.54 million existing shares. ( read original story ...)

Sept 18 (Reuters) - China-based online credit provider Qudian Inc said on Monday it has filed for an initial public offering of up to $750 million of class A ordinary shares represented by American Depository Shares (ADSs), according to an SEC filing. ( read original story ...)

The IPO previously consisted of 53.56 million new shares and ... Best, led by Johnny Chou, a former Greater China president for Alphabet Inc’s (GOOGL.O) Google, was counting on optimism over China’s booming logistics market and the firm’s tech ... ( read original story ...)