Tencent, the world’s largest video games company by revenue and operator of China’s biggest social network, spun off its 44 per cent-owned online search service, Sogou, in an initial public offering (IPO) in New York…
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China’s Lexinfintech to conduct additional IPO due diligence, to delay listing
BEIJING, Dec 4 (Reuters) – Chinese consumer lending platform … according to a source with direct knowledge of the situation. The decision will extend the IPO timeframe and came after new rules regulating the industry…
China isn’t taking over the world just yet
Almost daily, newspapers in the US, Europe and China release eye-catching headlines about China’s technological advances and economic prowess. The accomplishments are real. But they’re not necessarily evidence of Western failure or Chinese invincibility. (…
China’s Xi says country will not close door to global internet
Business groups say the rules unfairly target foreign firms. China has advocated strongly for a larger role in global internet governance under Xi. “China stands ready to develop new rules and systems of internet governance…
China’s Next Potential Boom Spot: The Places People Overlook
China’s boom over the past four decades made its crowded … “With consumption developing in rural areas, we hope we can catch this opportunity to expand our business.” That chilly morning in Liangduo, where the…
China approves five IPO applications
BEIJING, Dec. 2 (Xinhua) — Chinese securities regulator has approved five IPO applications this week, which will raise up to 3.7 billion yuan (about 559 million U.S. dollars) in the A-share market. Two companies will…
Why “Made for China” Doesn’t Work For Luxury Brands
How to reach Chinese millennials is a hot topic that was recently discussed at the annual International Luxury Conference organized by the New York Times. In one of the panels titled “Caught between Gens X,…
Is Hong Kong’s IPO fever over after Nissin and Shandong Int’l fail to excite?
That oversubscription rate pales in contrast with several high-profile IPOs in the past two months, including Yixin Group, Razer, China Literature, and ZhongAn Online Property & Casualty Insurance. Those four IPOs had all received investor…
Chinese Battery Champion Has Fully Charged IPO
Privately held Contemporary Amperex Technology Co. Ltd (CATL) is one of China’s largest manufacturers of batteries for electric vehicles. It plans to raise about $2 billion in an IPO in the coming months in China,…
Beauty contest: China make-up brands rein in South Korea rivals
SEOUL/SHANGHAI, Dec 1(Reuters) – As a diplomatic spat between Beijing and Seoul raged this year, many South Koreans felt decidedly unwelcome in China. South Korean businesses were shunned, K-pop concerts were canceled and tourist trade…
Why The Victoria’s Secret Shanghai Fashion Show Was A Major Brand Disaster
In a stark departure from the usual U.S. or European venues, this year’s lingerie extravaganza took place in Shanghai, China, marking the global brand’s first foray into the Asian continent. As expected, the show was…
Not Just Alibaba: International Brands Entering China Need A JD.com Strategy, Too
Ron Wardle, the China CEO of my company, Export Now, had the chance to spend some time with JD.com, taking a look at their run-up to Single’s Day. He partook in some interesting discussions with…
IHG Extends Franchise Model to Crowne Plaza and Holiday Inn Brands in China
IHG will grow the franchise business in China, working with established strategic partners who have proven track records of superior hotel management and operations experience. IHG (InterContinental Hotels Group) announced this week the extension of…
