Archer-Daniels-Midland Co. owns more than 20% of Wilmar. Arawana pitched the IPO as a reflection of its position in China and a bet on the country’s future, it said in a statement on its website…
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Billionaire Rides Cooking Oil Dominance to Record Chinese IPO
Yihai Kerry Arawana owns 40% share of China’s edible oil market Source: Sinolink Securities Co. Wang expects the company to boost its profit margin with high-end food products and is predicting the … ( read…
Who Are The Biggest Businesses Using Blockchain? Forbes Blockchain 50 Call For Nominations, 2021
Other Blockchain 50 companies include energy giant Royal Dutch Shell, auto giant Daimler, and the second largest bank in the world, China Construction Bank. 2021 Forbes Blockchain 50 list candidates … ( read original story…
EMERGE 2020 | Is the world still open to China tech?
Emerge 2019 was a great success; Emerge 2020, here we come. Like the name says, Emerge is about emerging trends that are shaping tech. We empower entrepreneurs, professionals, and key decision-makers … ( read original…
An Unpopular IPO Rule Hands Chinese Banks Big Windfalls
The STAR board has shaken up China’s capital markets in other ways, dispensing with practices used elsewhere such as unwritten caps on valuation, limits on first-day market moves and rationing of IPOs … ( read…
New York IPO Turns Chinese Household Goods Retailer Into Billionaire
Ye, who will own 65% of Miniso following the IPO, will have a net worth of $3.3 billion at the … the company saves costs and prices 95% of its offerings below $7.1 in China,…
The World’s Largest Potential IPO Is Under Threat
Billionaire Jack Ma’s Ant Group is said to be seeking a valuation of about $250 billion as it plans a dual listing in Hong Kong and Shanghai, which could raise at least $35 billion. The…
Ant Group’s IPO reportedly faces delays as Chinese regulator conducts a probe
Alipay acts as the only third-party agency for retail investors looking to buy into the five Chinese mutual funds investing in the IPO. ( read original story …)
Breakingviews – Ant’s IPO delay flags a recurring headache
Beijing has tended to wait and watch how Ant has developed this market or that, weigh its impact on other banks, then implement restraints. Ant has proven itself nimble, but there was no compelling ……
IPO Preview: Huadi International Group Starts U.S. IPO Process
Huadi International Group (HUDI) intends to raise $23 million in an IPO of its ordinary shares, according to an F-1 registration statement. The firm manufactures stainless steel seamless pipes, tubes … ( read original story…
Mark Cuban Not a Fan of China’s Human Rights Policies, But ‘OK Doing Business With’ the People’s Republic
The ‘Shark Tank’ investor and Dallas Mavericks owner’s remarks on Megyn Kelly’s podcast have got people talking. Mission accomplished. ( read original story …)
China champions fintech innovation
Known for being a trailblazer in fintech, China will advance innovation in blockchain technology, considered a game changer for the data-driven economy, industry insiders and government officials said … ( read original story …)
Blockchain technologies could boost the UK economy by £57 billion by 2030 — PwC
Blockchain technologies could boost the UK economy by £57 billion over the next decade and the global economy could see a $1.7 trillion boost … ( read original story …)
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