While President Donald Trump and China’s President Xi Jinping had friendly talks and photo ops, Secretary of State Rex Tillerson got down to business regarding the South China Sea. China claims almost all of the…
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Hong Kong’s IPO Crash Indicator
IPO fever is back. The retail portion of China Literature Ltd.’s initial public offering was more than 600 times oversubscribed, locking up at least HK$520 billion ($67 billion), or one-third of the city’s monetary base,…
Chinese search-engine Sogou’s IPO priced at $13/ADS -source
Proceeds from the offering will be used for research and development and marketing purposes, Sogou said in its IPO filing. Beijing-based Sogou, which competes with Baidu and Alibaba’s UCWeb, reported net income of $66.7 million…
Source: Chinese search-engine Sogou’s IPO priced at US$13/ADS
Proceeds from the offering will be used for research and development and marketing purposes, Sogou said in its IPO filing. Beijing-based Sogou, which competes with Baidu and Alibaba’s UCWeb, reported net income of US$66.7 million…
China Literature makes stellar public debut following $1B Hong Kong IPO
China Literature, the e-publishing business backed by Tencent, enjoyed an impressive debut as public company with its share price rising as high double during its first day on the Hong Kong Stock Exchange. The business…
Tencent’s China Literature most-profitable IPO debut in a decade after value soars as much as 100pc
Shares in China Literature, Tencent Holdings’ online publishing arm and mainland China’s largest online publishing and e-book website, skyrocketed nearly 90 per cent in value by the close on Wednesday, after initially jumping 64 per…
Doing Business in China
As Donald Trump visits China, Ed Butler reports from Shanghai on the continued challenge of doing business for foreign firms there. American internet entrepreneur Michael Michelini shares his experiences and Yide Qiao, secretary general of…
Trump’s Visit to China: More Business Deals Than Trade Pacts
BEIJING — President Trump will arrive in China on Wednesday backed by campaign-trail promises to get tough against the United States’ largest trading partner. He will be accompanied by the chiefs of some of the…
China’s Technology Ambitions Could Upset the Global Trade Order
But Made in China 2025 is more ambitious than anything the government has ever attempted, a national industrial policy that aims to project a new type of global might and influence. That has some American…
China plans easing foreign holding, partner choice for securities ventures: sources
The plan to ease ownership restrictions comes as Beijing faces mounting pressure from Western governments and business lobbies to remove investment barriers and onerous regulations that hobble foreign firms from operating in its markets. China…
North Korea, trade deficit on agenda of Trump’s China visit
China is North Korea’s chief trading partner and source of … The chamber has called for faster approval of new seeds and agriculture-related biotechnology. Foreign business groups express concern that Chinese plans for government-led development…
Exclusive: China’s Meituan-Dianping mulls U.S. IPO of at least $3 billion in 2018 – sources
HONG KONG (Reuters) – China’s Meituan-Dianping, an online platform for ordering food and booking movies and restaurants, is considering an initial public offering in the United States as soon as next year, five people with…
Hong Kong’s hottest IPO in a decade just turned supernova with top-end pricing
Tencent unit China Literature, mainland China’s largest online publishing and e-book website, is on schedule to complete the second-largest internet business IPO in Hong Kong this year, after pricing its HK$8.3 billion Hong Kong listing…
