China has threatened Canada with grave consequences if a top … alleging that Meng had hidden ties between Huawei and a company called Skycom that did business in Iran, said a lawyer representing Can… (…
Tagged By business
China says U.S. should withdraw arrest warrant for Huawei executive
BEIJING (Reuters) – China’s foreign ministry called in the U.S. ambassador on Sunday to lodge a “strong protest” over the arrest in Canada of Huawei Technologies Co Ltd’s [HWT.UL] chief … ( read original story…
China urges Canada to free Huawei CFO or face consequences
BEIJING/OTTAWA: China warned Canada on Saturday that there would be severe consequences if it did not immediately release Huawei Technologies Co Ltd’s chief financial officer, calling the case … ( read original story …)
U.S. IPO Week Ahead: Tencent Music Leads Upcoming 5-IPO Week
There are three IPOs and two SPACs expected to price this week, the most notable of which is Tencent Music (TME), China’s largest online music-streaming service. Tencent’s long-anticipated IPO is … ( read original story…
‘Jamie’ Qianqian Wu, the fashion trendsetter bringing Australian brands to China
At the Melbourne Cup last month, there were plenty of famous faces downing champagne while draped in expensive threads. However, one face was new. She was dressed to the nines, in an elegant number fr……
Cornerstone IPO: Selling Shares At 400x EPS
Adding $20 million from the IPO, the net asset equals $26 million … Using other companies with assets in China and trading in the U.S., the valuation of Cornerstone seems quite absurd. ( read original…
China takes a step closer to unveiling a new stock market inspired by Nasdaq
At present, the China Securities Regulatory Commission has decision-making control over IPOs. The commission reviews an applicants’ performance in the past years and assesses their earnings potential … ( read original story …)
Tencent Battles With Alibaba For China’s E-commerce Market Plays Out In IPO of Mogu
Market battles between Chinese tech leaders Tencent and Alibaba over China’s fast-growing e-commerce market play a role in the recent U.S. $1.3 billion IPO of Chinese fashion retailer Mogu — the 38th … ( read…
China’s November export, import growth shrinks, showing weak demand
BEIJING (Reuters) – China reported far weaker than expected November exports and imports, showing slower global and domestic demand and raising the possibility authorities will take more measures … ( read original story …)
China’s securities watchdog approves 2 new IPOs
BEIJING, Dec. 8 (Xinhua) — China’s securities regulator has approved the initial public offering (IPO) applications of two companies. Chinalin Securities and Wuxi Shangji Automation Company will be l… ( read original story …)
China launches pioneering mission to far side of moon
BEIJING – China launched a ground-breaking mission Saturday to land a spacecraft on the largely unexplored far side of the moon, demonstrating its growing ambitions as a space power to rival Russia, t… ( read…
Trump signals optimism about trade with China, despite arrest of Huawei executive
U.S. President Donald Trump on Friday sounded an optimistic note about trade negotiations with China as two of his top economic and trade advisers played down friction from the arrest of a senior exec… (…
China retaliation against Canadian companies unlikely for now: experts
“But I think if this event were to escalate, it might have implications for security of Canadian businesses and Canadian business people operating in China.” As of 2015, Canadian businesses had 531 lo… ( read…