Meanwhile, there have been reports from China suggesting that the 2017 ban could be extended to other crypto-related spheres — namely, mining and marketing. Thus, earlier this year, news … ( read original story …)
Tagged By business
Huawei CEO Calls on China to Create a Rival to Facebook’s Libra Crypto
Telecommunications giant Huawei’s chief executive has said that the time is ripe for China’s government to preempt Facebook’s Libra. Speaking in an interview with Italian media outlet L … ( read original story …)
China’s Wanda Sports raises $190.4 million in downsized IPO
on Friday priced its downsized U.S. initial public offering (IPO) below its targeted range to raise $190.4 million. The Beijing-based company, a unit of Chinese conglomerate Dalian Wanda Group, has … ( read original story…
China’s Wanda Sports raises US$190.4 million in downsized IPO
REUTERS: Wanda Sports Group , a sport events owner whose interests include selling sponsorship rights to the FIFA World Cup, on Friday priced its downsized U.S. initial public offering (IPO) below its … ( read…
Justin Sun praises China’s socialism in apology amid pressure from authorities
Justin Sun, the Chinese crypto-entrepreneur who made headlines … in a show of loyalty to China’s regulators amid reports of him being investigated by the authorities. “I was really fortunate … ( read original story…
Wanda Sports Hints at Chinese Firms’ Mixed Results in U.S. IPOs
Wanda Sports will become the 17th China-based company to list in the U.S. this year, according to data compiled by Bloomberg. That compares with 35 U.S. IPOs by Chinese companies for all of 2018. This…
China and U.S. trade negotiators to meet in Shanghai July 30-31
The governments of the world’s largest economies have levied billions of dollars of tariffs on each other’s imports, disrupted global supply chains and shaken financial markets in their dispute over … ( read original story…
China’s Wanda Sports cuts U.S. IPO size, lowers price range
SINGAPORE (Reuters) – Wanda Sports Group Co Ltd, a unit of Chinese conglomerate Dalian Wanda Group, has cut the size of its U.S. initial public offering (IPO) to up to $308 million from a previous…
Salesforce Enters China Amid Trade War, With Alibaba’s Help
(Bloomberg) — Salesforce.com Inc. unveiled a partnership with Alibaba Group Holding Ltd. to enter the Chinese software market, chasing new business in Asia despite the U.S.-China trade war. Alibaba … ( read original story …)
Tron crypto founder Justin Sun apologizes for conduct, denies reports of China travel ban
Controversial Chinese crypto entrepreneur Justin Sun surprised everyone on Tuesday by postponing his $4.56 million charity lunch with Warren Buffett. Now Sun is apologizing for his own conduct. In a … ( read original story…
Hyatt and Hilton Are Taking Different Branding Approaches Inside China
A key question remains whether it is better to launch a dedicated brand in China, or adapt a chain’s existing brands to the local market, which is expected to bloat even more as a government…
Global sporting events owner Wanda Sports cuts ADS offering and proposed IPO range to $9 to $11
Wanda Sports Group, the sports events, media, and marketing platform of China’s Wanda Group, lowered the proposed deal size for its upcoming IPO on Wednesday. The Beijing, China-based company now … ( read original story…
Wanda Sports IPO: What You Need To Know
The IPO Terms Beijing-based Wanda Sports Group Company Limited has filed with the SEC to offer 33.33 million ADSs, representing 50 million Class A ordinary shares, in an IPO. Of this, 20 million … (…
