China has halted all approvals for new online lending companies, sending a chill through the country’s fast-growing fintech sector, which has produced some of the biggest and most well subscribed offshore listings this year. The…
Tagged By business
China-based Companies Seek IPOs as Markets Reach All-time Highs
Bob McCooey, Nasdaq’s Chairman of Asia Pacific and Global Head of Capital Markets, spoke with CNBC Asia’s Squawk Box program on November 16. He discussed the YoY increase in China-based Initial Public Offerings in the…
New IPOs launched on Chinese mainland reaches record high
A total of 385 enterprises have issued IPOs, or initial public offerings, on China’s A-share market since the beginning of the year, beating the previous record of 344 in 2010. Together, they have grossed 194.4bn…
China’s CEFC denies links to alleged Africa bribery plot
A Chinese energy company has denied it had anything to do with a multimillion dollar bribery scheme that U.S. prosecutors say was organized by two businessmen to secure business from African officials on its behalf.…
China/US trade war looms as Trump administration pivots
or take unilateral actions like sanctions against China,” said Anna Ashton, director of business advisory services at the Washington-based US-China Business Council. “If the government were to take unilateral actions, then there will be a…
China urges talks after US brands North Korea a terror sponsor
China on Tuesday called for extra efforts to resolve the North Korean nuclear crisis through talks after US President Donald Trump re-branded Pyongyang as a state sponsor of terrorism. Beijing: China on Tuesday called for…
Skype Vanishes From App Stores in China, Including Apple’s
Therefore these apps have been removed from the app store in China,” an Apple spokeswoman said Tuesday … “These apps remain available in all other markets where they do business.” The removal led to a…
China says ex-top internet regulator under investigation
He wielded enormous power over what 700 million Chinese internet users could view online and acted as gatekeeper for technology companies wishing to do business in China. No details were given in Tuesday’s announcement, which…
China forces Apple to remove Skype from app store
Apple Inc said on Tuesday it has removed several apps including Skype, Microsoft Corp’s internet phone call and messaging service, from its app store in China after the country’s government pointed to violations of local…
Apple removes several apps, including Skype, in China
(Reuters) – Apple Inc (AAPL.O) said on Tuesday it has removed several apps including Skype, Microsoft Corp’s (MSFT.O) internet phone call and messaging service, from its app store in China after the country’s government pointed…
Air China stops flying to N.Korea because ‘nobody wants to go’
Beijing-owned Air China airline has ended flights to the capital of North Korea Pyongyang, due to a lack of passenger demand. Flights were “temporarily suspended due to unsatisfactory business operations,” said an Air China employee,…
China’s Li Tells Japanese Business Group That Ties Are Improving
Chinese Premier Li Keqiang told Japan’s biggest ever business delegation to Beijing that ties between Asia’s two biggest economies has been gradually improving. Li, who was re-elected last month as the Communist Party of China’s…
Air China suspends North Korea flights, deepening isolation
Flights were “temporarily suspended due to unsatisfactory business operations,” said an employee of Air China’s press office who would give only his surname, Zhang. A foreign ministry spokesman, Lu Kang, said he hadn’t heard about…
