BEIJING (Reuters) – China hopes the United States will show sincerity and take steps to correct its behavior, its commerce ministry said on Thursday, after both countries slapped new tariffs on … ( read original…
Tagged By business
China’s unicorns race to IPO as Silicon Valley waits patiently
The “lucky rich” from China also have to maintain their wealth amid the threat of a potential trade war and the dangers from its shadow banking system. By Venus Feng US tech titans are sitting…
X Financial on IPO: We Have Built One of the Strongest Fintech Businesses in China
Earlier today, China based X Financial (NYSE:FXE) traded on the New York Stock Exchange (NYSE) in its initial public offering raising approximately $104.5 million as 11 million shares were floated at … ( read original…
Luxury e-commerce in China has loads of room to grow, thanks to the country’s tech-savvy, cash-rich millennials
Moncler set up a virtual store last year on WeChat, the ubiquitous social media platform in mainland China, where customers could order the brand’s signature down jackets and other luxury items whose … ( read…
Forum aims to help Chinese brands go global
Yang said Quanzhou, in southeast China’s Fujian province, has numerous SMEs that produce life-necessities such as clothes, shoes, umbrellas and zippers. Top designers are in dire need as these enterpr… ( read original story …)
China’s Tencent Music seeks $2 billion in U.S. IPO: sources
HONG KONG (Reuters) – Tencent Music Entertainment Group, China’s biggest music-streaming company, is seeking to raise about $2 billion in a U.S. listing, according to three people close to the … ( read original story…
Meituan Dianping stock price surges 5.7% after IPO
Meanwhile, the financial sector is showing mixed feelings towards the IPO. Some insiders, including China’s financial information platform The Wall Street CN (paywall, in Chinese) found it hard to cal… ( read original story …)
China’s premier appeals for free trade amid tariff battle
“China will never go down the path of stimulating exports by devaluing its currency,” Li said. The premier promised to “improve the business environment” for foreign companies. He affirmed promises to … ( read original…
Silicon Valley Waits as China’s Unicorns Race to Public Markets
Their counterparts in China are taking a different path, rushing to the public markets to cash in. *Xiaomi calculation includes cofounder share sales in IPO; *Meituan Dianping has not listed yet as of … (…
COS joins sister brand H&M on Tmall and opens China stores
H&M Group spin-off COS is set to open a store on China’s Tmall “next month”, according to sources in China, which also reveals that the Tmall store is likely to be the brand’s only ecomm…
Mobile Payments Leader Alipay China’s “Most Relevant Brand”
We’ve heard a lot about Alipay’s almost frantic expansion both inside and outside China over the last several months, and it’s a strategy that seems to be paying dividends for Ant Financial. A new rep……
Loss-making Fonterra splashes out on 5-star China conference
More than 100 people attended the event, promoting the fact Fonterra accounts for 36 per cent of all dairy imports into China and its Anchor brand has become the top imported consumer choice in just…
Sunshine Secures Strategic Investment To Fuel Growth In US & China
most recently Chairman of Greater China and Special Advisor of Chief Executive Officer at Bacardi Limited; said, “Sunshine’s focus on working with media and rights owners to bring long term brand … ( read original…
