HONG KONG (Reuters/IFR) – Chinese online group discounter Pinduoduo Inc (PDD.O) priced its U.S. initial public offering (IPO) at $19 per American depositary share (ADS), raising $1.63 billion in the s… ( read original story…
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China Tower seeks US$8.7 billion IPO
Hong Kong, China (AFP) — China’s State-owned China Tower — the world’s largest operator of telecommunications towers — announced Tuesday it will aim for US$8.7 billion initial public offering in Hong … ( read original…
China’s Pinduoduo prices US IPO, raises US$1.6 bln
HONG KONG: Chinese online group discounter Pinduoduo Inc priced its US initial public offering (IPO) at US$19 per American depositary share (ADS), raising US$1.63 billion in the second-biggest US floa… ( read original story …)
Breakingviews- China Tower offering sends the right signals
HONG KONG (Reuters Breakingviews) – China Tower’s initial public offering is sending the right signals. The mobile-mast giant has set a fair price range for its Hong Kong IPO, which could raise nearly … (…
Fear factor: China steel exporters delay shipments, giving space to rivals
Among those that have canceled or delayed cargoes are Chinese exporters that have been taking advantage of Beijing’s generous tax rebate system on value-added steel, according to two Chinese exporters … ( read original story…
China crisis: Foreign food brands forced to innovate to avoid losing share in tough market
As a trade war between Washington and Beijing gathers steam, some of the best known foreign food and beverage brands have been finding themselves on the back foot in their own battles in China. The…
Online fame makes niche brands popular
In recent years, the majority of international makeup brands’ sales have come from Chinese e-commerce websites such as Tmall and JD. [Photo by Niu Jing/For China Daily] Smaller overseas cosmetic brand… ( read original story…
China’s $9 Billion Plan to Boost 5G Undermined By Trade War
State-controlled China Tower Corp., which operates almost 99 percent of the country’s wireless towers and charges its three carriers leasing fees, is preparing to raise as much as $8.7 billion in a Ho… ( read…
Move Over Millennials: Why Brands Should Stop Ignoring China’s Silver Generation
Everyone knows the fastest growing group in China is the millennial demographic, right? Think again. The “silver generation” is actually the fastest-growing group in China, and seniors—a demographic t… ( read original story …)
China Tower seeks $8.7 billion IPO
China’s state-owned China Tower — the world’s largest operator of telecommunications towers — announced Tuesday it will aim for an $8.7 billion initial public offering in Hong Kong, the biggest glob… ( read original story…
China Tower plans $8b IPO in Hong Kong
China Tower, a joint venture handling mobile infrastructure in Chinese mainland, will list on Hong Kong stock market on Aug 8, aiming to raise HK$68.1 billion ($8 billion) with its initial public offe… ( read…
China Tower’s planned $8.7bn IPO the biggest globally in four years
China’s state-owned China Tower – the world’s largest operator of telecommunications towers – announced Tuesday it will aim for an $8.7 billion initial public offering in Hong Kong, the biggest global… ( read original story…
Chinese mobile phone tower operator plans $8.7B IPO
HONG KONG — The state-owned monopoly that operates China’s vast network of mobile phone towers said Tuesday it plans to raise up to $8.7 billion in the biggest global stock offering in four years. Chi……