China’s billionaires saw their biggest wealth gains in recent history, adding $1.5 trillion to their fortunes from a spate of IPOs and tech growth, according to a new report. ( read original story …)
Tagged By business
Intel Sees Opportunity in U.S.-China Tensions’ Impact on Supply Chains
While China is a big market for the company, CEO Bob Swan said he also aims to expand its role in 5G infrastructure as the U.S. and other countries have limited Huawei’s involvement in their…
China Market Update: Ant Group IPO Date Speculation Grows, China’s Uber Slayer Didi Chuxing Enters IPO Rumor Mill
We also had news that China’s Uber UBER slayer Didi Chuxing is considering a 2021 IPO. As a result, Hong Kong’s volume leaders were Alibaba Hong Kong, which gained +0.74%, followed by Tencent, which ……
Didi considers 2021 IPO in HK – sources
Some of its investors are now thought to be keen to cash in. Three sources have told Reuters that Didi has started initial talks with investment banks for the long-awaited IPO. The Beijing-based … (…
EXCLUSIVE-Didi considers 2021 IPO in Hong Kong, targets more than $60 bln valuation, sources say
IPO could take place as soon as H1 2021 -sources * Had aimed for U.S. IPO, opted for HK amid Sino-U.S. tension -sources * Also considering new fundraising round ahead of IPO -so … (…
Xinhua Silk Road: China’s Putian City unveils “Credit Shoe City” brand logo globally
Putian City, located in southeast China’s Fujian Province, recently released the “Credit Shoe City” brand logo globally. ( read original story …)
Didi considers 2021 IPO in Hong Kong, targets more than $60 billion valuation, sources say
China’s top ride-hailing firm Didi Chuxing is considering Hong Kong for a multibillion-dollar initial public offering (IPO) next year, people with knowledge of the matter said, rethinking previous … ( read original story …)
Macro Investor Dan Tapiero on Crypto Adoption: Emerging Economies Ahead of Developed States
Macro Investor Dan Tapiero, says the proportion of crypto users relative to the rest of the world population remains low. ( read original story …)
Didi considers 2021 Hong Kong IPO, targets valuation of more than US$60 billion: Sources
HONG KONG: China’s top ride-hailing firm Didi Chuxing is considering Hong Kong for a multibillion-dollar initial public offering (IPO) next year, people with knowledge of the matter said, rethinking … ( read original story …)
Exclusive: Didi considers 2021 Hong Kong IPO, targets valuation of more than $60 billion, sources say
China’s top ride-hailing firm Didi Chuxing is considering Hong Kong for a multibillion-dollar initial public offering (IPO) next year, people with knowledge of the matter said, rethinking previous … ( read original story …)
ProPak China 2020 – A Powerful Business Enabler for Reviving Processing and Packaging Market in Asia
The 26th edition of ProPak China, the International Processing & Packaging Exhibition, has been rescheduled to 25-27 November 2020 at the National Exhibition Convention Center Shanghai (NECC). As the … ( read original story …)
Chinese tech firms eye Singapore base amid US-China tensions, coronavirus border closures
China ties, and border closures due to the coronavirus pandemic – these are some factors prompting Chinese firms to increasingly adopt a business approach that has helped corporations diversify their … ( read original story…
Intel Casts Off More Memory Chip Business in $9 Billion Deal
The sale to SK Hynix of South Korea includes a major factory in China and follows the company’s decades-long shift into microprocessors. ( read original story …)
