Chinese Internet giant Baidu has confirmed plans to float its streaming-video subsidiary, iQIYI, in the U.S. But the company has not specified which exchange it will choose to list the popular platform, which claims half…
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Mi mi mi: super fans of China’s Xiaomi stoke IPO ambitions
BEIJING/SHANGHAI (Reuters) – Wang Bin, 29, is a serious “mi fan”, one of the ardent followers of Xiaomi Technology Co Ltd, the maker of smartphones and other electronic products that looks headed for a big…
Russia says may invest in Saudi Aramco IPO via fund with China
Russian banks and a joint Russia-China investment fund are eager to participate in Saudi Aramco’s initial public offering, according to the head of a sovereign Russian investment fund. Several banks and other groups in Russia…
Baidu Confirms U.S. IPO for iQIYI Chinese Video Streaming Platform
The company said that it has filed a draft prospectus with the Securities and Exchange Commission IPO and listing of iQIYI shares … users is comparable with other companies. Major rivals in China include Tencent…
Ministry brands Maldives claims ‘ridiculous’
Beijing dismissed a former Maldivian president’s remarks on China-Maldives cooperation as one-sided and disparaging on Tuesday. Mohamed Nasheed, who served as president from 2008 to 2012, has accused China of taking control of 17 islands…
China’s Tecno takes market lead in Somalia amid rapid growth
Tecno has today positioned itself as a force to be reckoned with in terms of brand penetration and market dominance in the Horn of Africa nation. “People were not really sure if they could buy…
China Life Appoints Addiction Advertising to Drive Brand Engagement in Singapore
China Life Insurance Singapore has appointed TMG agency, Addiction Advertising to create and execute a branding and tactical product strategy to strengthen its brand in Singapore and drive consumer engagement. The Singapore-based agency will deliver…
Isobar China Group announces strategic agency integration plan
To better leverage resources and improve efficiency, all specialist service teams from different Isobar China Group brands, including planning, media, procurement and production, will be integrated to form a specialist function. April Chang, formerly ……
Baidu plans US IPO of Netflix-like unit as sales top estimates
BEIJING (BLOOMBERG) – Baidu Inc plans to list its Netflix-like … which in turn generates more ad sales. “The iQiyi IPO confirmation is positive and we think that video will be a top story in…
Foxconn’s planned IPO reflects vitality of China’s real economy
A Chinese netizen browses the website of Foxconn Technology Group in Ji’nan city, East China’s Shandong province, Feb 11, 2018. [Photo/IC] THE CHINA SECURITIES REGULATORY COMMISSION disclosed the prospectus of Foxconn Industrial Internet Company, a…
Brands in Hong Kong expand again as retail sales recover
Like many other brands, Hong Kong-listed Chow Tai Fook had closed stores in recent years. It said it opened three new shops in Hong Kong between October and December 2017 and plans further openings, including…
China’s brand value booms in past decade: report
The combined brand value of Chinese companies will rise to 911.5 billion U.S. dollars in 2018, nearly ninefold that of 10 years ago, Brand Finance said in a report. China’s share of the global brand…
Tourist numbers in China see steady rise
This year there will likely be a 5pc increase in inbound travel, and foreign exchange earnings from the business is expected to reach £91.6bnDai Bin, president, China Tourism Academy China’s tourist revenue totalled 5.4 trillion…
