Its online reading unit China Literature has raised US$1.1bln after pricing its Hong Kong IPO at the top of its range early in November. China’s first online-only insurance company Zhong An, in which Tencent holds…
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China’s megacity dream spurs Hebei Construction IPO
Hebei Construction Group on Monday launched a Hong Kong initial public offering, becoming the first company to tap investor interest in China’s ambitious Xiongan special zone plan. The company hopes to raise between HK$1.9 billion…
Canada a good place for foreign investment, PM tells business leaders in China
GUANGZHOU, China — Prime Minister Justin Trudeau is selling Canada as good place for foreign investment at a major conference of international business leaders in the southern Chinese city of Guangzhou. Trudeau is addressing the…
Canadian business will benefit from Trudeau’s China trip
A former diplomat, Colin Robertson is vice-president and fellow at the Canadian Global Affairs Institute. Prime Minister Justin Trudeau’s China trip may not have netted the expected free-trade talks, but Canadians should be satisfied on…
China’s budding coffee culture propels Starbucks, attracts rivals
speaking at the launch of Starbucks’ first overseas “Reserve Roastery” – an opulent flagship store with gourmet coffees and a bakery – said China was on track to be “bigger, more powerful and more significant”…
China’s Top 10 Luxury Lingerie Brands
Crackdowns on corruption and ostentation by a government uneasy about China’s growing inequalities have dampened consumers’ appetites for conspicuous logos and dazzling jewelry. Concealed beneath their clothes, however, lingerie has become a means for ……
Evening Update newsletter: Small-business tax changes, Trudeau in China, sockeye salmon
The federal government will impose new restrictions on how small-business owners can divide income among family members as of Jan. 1, even though the promised details haven’t been released. Small-business owners are increasingly concerned that…
Hebei Construction US$297m IPO is first in Hong Kong to target China’s massive Xiongan project
Xiongan New Area, established in April and just a couple of hours south of Beijing, is part of China’s efforts to … plans to issue 433.334 million shares in the Hong Kong IPO, with an…
Chinese smartphone maker Xiaomi is eyeing a $50 billion IPO: Report
Chinese smartphone maker Xiaomi is eyeing a $50 billion IPO as early as next year, according to a report from Bloomberg. The Beijing-based company has picked up momentum to challenge phone competitor Huawei in its…
China Education Group seeks HK$3.4 billion from IPO, eyes acquisitions in Europe and UK
China Education Group, a leading higher private education provider, said it was seeking an initial public share offer of up to HK$3.4 billion (US$435 million), with part of the proceeds to be used to acquire…
Canada, China delay launch of trade talks
Premier Li Keqiang lauded the “golden age” of relations with Canada and said China was amenable to continuing exploratory trade talks. The two countries have spent months in exploratory talks that have taxed China’s patience…
Apple, Google at China internet fest shows lure of market
director of the University of Nottingham’s China Policy Institute. “There has never been a time when an American company is less likely to be called out by the White House for pursuing a business-first approach,”…
China says 2018 growth target to reflect new changes in economy
China’s economic growth target for 2018 will reflect new changes in the economy as the government put more emphasis on higher quality development, the State Council Information Office said on Monday. The government will set…
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