CSRC approves new IPO applications from two companies. [Photo/IC] BEIJING – China’s top securities regulator has approved new IPO applications from two companies, which will raise no more than 1.1 bil… ( read original story…
Tagged By business
Chinese online group Pinduoduo targets up to $1.63 billion in U.S. IPO
China’s Meituan Dianping, an online food delivery-to-ticketing services platform which rivals Alibaba-backed food-delivery peer Ele.me, is also looking to launch its IPO of over $4 billion in Hong Kon… ( read original story …)
Chinese online car marketplace Cango sets terms for $138 million US IPO
Cango, an online car marketplace for businesses and consumers in China, announced terms for its US IPO on Monday. The Shanghai, China-based company plans to raise $138 million by offering 12.5 million … ( read…
Didi seeks $1.5 billion car services spinoff ahead of likely IPO: sources
The company has also launched a food delivery service to compete with Meituan-Dianping, China’s dominant startup in that area, which is planning an IPO of over $4 billion in Hong Kong in the coming mo……
Xiaomi Has Much to Prove After a Tepid IPO
In China it’s a household name, and markets had been wildly anticipating the Xiaomi IPO. Unfortunately, it bristled with red flags. Roughly 75% of current revenues come from mobile handsets, a fairly … ( read…
Hong Kong’s Fight for IPOs
According to the Yicai Global who has invested in startups in China, their initial goal was to sell for profit their investments listed solely on NEEQ. However, now they are preparing for the companie… (…
How to sell your brand to Chinese men
Online reputation is very important in China, and this is both for male and female consumers. Online shoppers make a lot of researches before making their purchase and you have to bring them informati… (…
Top sunglasses’ brands in China
China is the world leading consumer of glasses, from children to the elderly, all of them are consumers. According to Euromonitor, Sunglasses retail sales have been increasing by over 7% per year sinc… ( read…
China is making it harder to invest in smartphone maker Xiaomi
The stock has gained about 24% compared to its IPO price. A spokeswoman for Xiaomi declined to comment on the ruling. Related: China wants its top tech firms to bring their shares home Xiaomi went…
STX Targeting August IPO in Hong Kong (Report)
Hollywood mini-studio, STX Entertainment is looking at going ahead with its planned IPO in Hong Kong as soon as next month. Hong Kong finance industry sources Monday echoed a report in the South China ……
China’s Strong Economic Growth Figures Belie Signs of Weakness
China’s spending on bullet trains, highways and bridges has long driven its growth. That spending has kept steel and concrete factories in business and helped provide paychecks to millions of workers. … ( read original…
Canada faces ‘collateral damage’ in escalating U.S.-China trade war
OTTAWA – Grim scenarios of collateral damage for Canadian consumers and businesses are emerging in response to escalating the U.S.-China trade war. The Trump administration has taken aim at China by i… ( read original…
Didi’s financing plans may slow as it eyes IPO in 2019
Didi Chuxing, China’s ride hailing giant, may be slowing down its plan to raise funds and could be considering an IPO in the second half of next year partly because the need for fresh financing…