HONG KONG/BEIJING (Reuters) – China is pressing foreign payment card companies to form local joint ventures for onshore operations, said three people familiar with the matter, a move that would counter a pledge on market…
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Brands Latch Onto China’s Obsession With Dewy Male Heartthrobs
Chinese TV star Bai Jingting may not seem like an obvious pitchman for baby formula. He’s 24, single, no kids. But a few months ago, a sub-brand of Nestlé’s Wyeth sent him to Ireland to…
Tencent’s China Literature Climbs in Gray Market Before Debut
China Literature Ltd., the online reading unit being spun out … That is 38 percent above the HK$55 price in the IPO which is expected to generate net proceeds of HK$7.17 billion ($919 million). “The…
The Trump administration made a subtle shift in its language on the Asia-Pacific and it could unnerve China
a specialist in Chinese politics at the USC US-China Institute, told Business Insider. “The US and India have a common interest in not having an assertive China dominating the region,” said Rosen. The shift has…
Huawei, Xiaomi lead Chinese brands’ stranglehold on world’s largest smartphone market
The top smartphone brands are extending their dominance in China, with five companies now accounting for three in every four handsets sold in the world’s largest market. Huawei led the pack, boosting its market share…
China online car sales platform Yixin seeks up to US$870m in Hong Kong share offer
Yixin Group, China’s largest car retailing platform, opened its initial public share offering in Hong Kong on Monday, seeking to raise as much as HK$6.77 billion (US$870 million) in what could be the third-largest internet…
Li Ka-shing-backed Razer sees Hong Kong IPO oversubscribed by retail bidders
China Literature, a unit of Tencent Holdings and mainland China’s largest online publishing and e-book website, has locked in more than HK$520 billion of investor capital for its IPO, reflecting an oversubscription of 620 times.…
China adds 2 satellites to homemade global navigation system
BEIJING — China has added two satellites to its homegrown global navigation and positioning network that seeks to reduce reliance on the U.S.-based Global Positioning System, state media reported Monday. The pair of Beidou-3 satellites…
China named 2017’s fastest growing nation brand
China is fast closing the gap with the US when it comes to the prestige and value of its national brand. According to 2017’s annual Brand Finance Nation Brands study, China is the fastest growing…
Brands that portray Chinese women as successful and powerful are gaining an edge
China’s young, affluent female consumers are increasingly choosing products and companies that advocate progressive feminist values over those that don’t, analysts say. Brands that get this right will gain an edge over their competitors. “This…
China’s condom startups challenging foreign brands
A number of new companies are attempting to seize a greater share of the country’s potentially huge market. When choosing condoms, most Chinese remain resolutely “old school” and go for trusted or well-known international brands.…
U.S. IPO Week Ahead: China’s #2 Search Engine Leads Busiest Week Of 2017 With 10 IPOs
The 4Q17 powers ahead with 10 IPOs scheduled to raise $2.0 billion in the week ahead. That would make it the IPO market’s busiest week of the year. The activity level is unsurprising given the…
Hong Kong tech IPO bonanza a mixed blessing as Coach, Glencore head for the exit
China Literature listing expected to leave ZhongAn’s IPO in its shadow Its record however was quickly and easily surpassed by China Literature, the mainland’s largest online publishing and e-book site, which has just completed its…
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