Chinese toy maker Pop Mart International Group will aim to raise up to $600 million when it opens the books for its Hong Kong initial public offering (IPO) on Monday, two sources with direct knowledge…
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The ‘bloodsucking capitalist’ being lauded by Communist China
Zhang Jian, a pioneering 19th century capitalist, has been brought back to life many times by the Chinese Communist party since his death in 1926, depending on its propaganda needs. But his latest … (…
JD Health Eyes Hong Kong IPO In First Since Ant Group Offering Debacle
JD Health is gearing up to raise is looking to raise as much as $4 billion through an initial public offering (IPO) on the Hong Kong stock exchange. ( read original story …)
A Millennial Crypto Victory Bigger Than the Price of Bitcoin
The Indian entrepreneurs are like the lemonade-stand kids who beat back Big Government. Their elders will catch up. ( read original story …)
China’s new digital front has caught the world napping
A month after China’s central bank distributed its first $1 million in digital currency, the Reserve Bank, Commonwealth Bank and National Australia Bank announced they were starting a research paper. ( read original story …)
China’s national blockchain project adds Polkadot support
Chinese government-backed blockchain initiative, the Blockchain Service Network, or BSN, is introducing support for another batch of major blockchain protocols. On Nov. 26, it announced that it will … ( read original story …)
Evergrande Property’s Hong Kong IPO meets with lukewarm reception, raises $1.8 billion
Evergrande Property Services Group’s Hong Kong IPO priced at the lower end of expectations to raise $1.8 billion, three sources said, the tepid demand underscoring concerns about the financial health … ( read original story…
China’s Fintech Giants Scramble to Rethink IPOs, Raise Cash
Jack Ma’s vision of the future of finance in China is being upended by regulators, along with the ambitions of conglomerates that followed his lead. ( read original story …)
How Royal-Loved British Brand Boden Wooed China’s Moms and Dads This 11.11
The high-street retailer’s sales on Tmall Global increased by over 20% from a year earlier, while consumers spent around 60% more per order. ( read original story …)
China’s new NEV plan targets battery electrics, ‘quality brands’
China’s plan for new energy vehicles (NEV) in the next 15 years aims to promote the transition from a state-led to a market-led industry. In the eyes of the policy makers, Chinese brands should lead…
Evergrande Property’s Hong Kong IPO raises $1.8 billion: sources
Evergrande Property Services Group’s initial public offering in Hong Kong has raised HK$14.3 billion ($1.8 billion), with stock sold at the lower end of the price range, three sources with direct … ( read original…
Trump Spy Chief Warns Of China’s Growing Influence In Cryptocurrency Sector
Director of National Intelligence John Ratcliffe reportedly expressed concern about Beijing’s growing influence and power in the cryptocurrency sector. ( read original story …)
China’s Fintech Giants Scramble to Rethink IPOs, Raise Capital
Jack Ma’s vision of the future of finance in China is being upended by regulators, along with the ambitions of conglomerates that followed his lead. ( read original story …)
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