China’s securities regulator on Friday had approved nine IPOs that will raise a total of 9.5 billion yuan ($1.43 billion), more than double the average funds raised in the past weeks. That sparked fears more…
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China stocks fall on anticipation of an IPO wave; Hong Kong flat
SHANGHAI, Oct 30 (Reuters) – China’s major indexes fell on Monday morning, dented by expectations of a new wave of initial public offerings and by profit-taking in consumer firms. The CSI300 index was down 0.3…
4 Highlights From Yum China’s 2017 Investor Day
It’s been one year since Yum China (NYSE: YUMC) was spun off from parent Yum! Brands (NYSE: YUM), and the exclusive licensee of KFC and Pizza Hut restaurants in mainland China is up over 50%…
China trade trip illuminating for Victoria technology firm
Justin Love had a plan in mind when he decided to join the City of Victoria’s recent trade mission to China and Japan, but over the course of a whirlwind 10 days through four cities,…
China approves IPO applications from 9 companies
BEIJING, Oct. 28 (Xinhua) — China’s securities regulator has approved IPO applications from nine companies, which will raise no more than 9.5 billion yuan (around 1.43 billion U.S. dollars) in the A-share market. Five companies…
Chinese search engine Sogou sets terms for $540 million IPO
Sogou, China’s second largest mobile search engine spun-out from Sohu.com, announced terms for its IPO on Friday. The Beijing, China-based company plans to raise $540 million by offering 45 million shares at a price range…
Ahead of Trump trip, China urges U.S. not to allow Taiwan president in
BEIJING/TAIPEI (Reuters) – China urged the United States on Friday not to permit Taiwan’s president to travel through U.S. territory en route to the island’s diplomatic allies in the Pacific, a sensitive visit shortly ahead…
Exclusive: Energy, not tech or finance, in CEO line-up for Trump’s China visit
BEIJING (Reuters) – U.S. energy and commodities firms will make up a major part of a business delegation visiting Beijing at the same time as U.S. President Donald Trump goes to China in November, according…
China is churning out a new billionaire every 5 days
China had the highest number of new billionaires … John Matthews, the report’s coauthor, told Business Insider that Asian countries are better at deploying and integrating new technology, which for the most part is first…
Pigging out: Internet mocks McDonald’s new China name
A McDonald’s China spokeswoman said in a statement Thursday that the company’s new name is purely a formality. “The company’s name is only for registration purposes,” the statement said. “It will have no effect on…
4 Things Every Brand Needs to Know to Tap Into China’s Booming Retail Economy
Bolstered by a burgeoning middle class with a growing appetite for high-end merchandise, China is quickly shedding its reputation as solely an export hub. While local e-commerce giants such as Alibaba, JD.com and VIP.com have…
Sinochem “taps banks” for possible oil asset IPO
An initial public offering (IPO) of the assets could take place in the second half … The firm’s upstream business has struggled in recent years. As such, the Beijing-based firm has begun to move away…
‘Golden Arches’: McDonald’s gets new China name following unit sale
SHANGHAI (Reuters) – U.S. fast food giant McDonald’s Corp (MCD.N) is getting a name change in China – at least on paper. The firm will change its registered business name to “Golden Arches (China) Co…
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