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…
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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 … (…
China’s SDIC hires banks for $1 billion London IPO – sources
HONG KONG/LONDON — China’s state-backed energy firm SDIC Power Holdings has hired banks to list in London via the newly-minted Stock Connect scheme, three sources told Reuters, a boost for … ( read original story…
China Railway Signal, Four Other Beijing Firms Lap Up 41% of Star Market IPO Funds
(Yicai Global) July 22 — Five Beijing companies, led by China Railway Signal & Communication, have raised about 41 percent of the total sum that the 25 first companies that got listed on Shanghai’s ……
China Bars 139 Funds From IPOs on Tech Board Violations
China suspended 139 funds from investing in initial public offerings after money managers breached subscription rules on the country’s new trading venue for technology stocks. Shenzhen Lin Yuan … ( read original story …)
New Blockchain Partnership Aims to Pave the Way for Mass Adoption in China
A blockchain platform and a gaming company note their partnership will benefit millions and pave the way for mainstream adoption in China. A blockchain platform has become the first public chain … ( read original…
Buffett Lunch Winner’s Crypto Coin Drops After Meeting Delay
The postponement came only hours after Sun tweeted invitations to other crypto boosters. Sun denied media reports that he was involved in illegal fundraising and money laundering, according to China’s … ( read original story…
How Bitcoin Is Subverting The System In China
The first question posed was one of BTC legality in China to which Wheese responded ‘yes’ … but there is no clear definition of what is ‘legal’. He added that any change will happen on…
China’s credit push to small firms falters in factory heartland
China’s State Council set a target requiring the Big Five to increase such loans by 30% this year and cut their rates by 1 percentage point. In Guangdong, CCB said it has hiked small business…
How China is slowly expanding its power in Africa, one TV set at a time
In 2018, virtually every African head of state descended on Beijing for the Forum on China-Africa Cooperation to secure a slice of the $60 billion in development loans and business deals on offer. … (…
Restaurant Brands plans to bring Popeyes to China with partner TFI TAB Food
Restaurant Brands International Inc. says it has an agreement to develop and open more than 1,500 Popeyes restaurants in China over the next 10 years. The Toronto-based company also owns the Tim … ( read…
