Despite the gain, Tencent Music’s less-than-optimal IPO pricing doesn’t bode well for mainland China companies considering their own coming-out parties, and follows recent lackluster debuts by the lik… ( read original story …)
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Chinese detentions raise fears of Canadian business chill, rethink of travel plans
… after Canada detained a high-ranking Chinese business executive have prompted some Canadian business leaders to think twice before going to China on business. The detention of Huawei CFO Meng Wanz… ( read original story…
A Weakened China Tries a Different Approach With the U.S.: Treading Lightly
The detained executive is a daughter of one of China’s most admired business leaders. She helps run a company, Huawei, at the center of a global race to dominate the next generation of telecommunicati… (…
China’s Tencent Music jumps in U.S. debut
The IPO raised $1.1 billion in proceeds and is one of the largest … plans until November in a market weakened by trade tensions between the United States and China. It finally launched its hotly-ant……
China makes first major U.S. soybean purchases since Trump-Xi meeting
“China was buying right out of the gate this morning. It looks like we’re back in business now,” the second trader said. The soybeans are expected to be shipped from grain terminals in the U.S.…
China brands are the next draw for local shopping malls, says Chinese developer
Future Land Development Holdings, the eighth-largest mainland developer by sales, is upping its ante on indigenous brands to bolster its commercial property business with plans to double the number of … ( read original story…
China may scrap ‘Made in China’ policy, allow more access for foreign companies: report
A media report suggests Beijing is scrapping its “Made in China” industrial policy criticized by the Trump administration in favour of one that allows greater access for foreign companies. The Wall St… ( read original…
Canada Goose is getting hammered by China’s anger over the Huawei arrest
Other Canadian brands with a strong presence in China, such as IMAX Corp. and Tim Hortons Inc., haven’t seen significant share moves or been singled out for boycotts. China accuses Canada of … ( read…
Trade war hasn’t stopped Chinese companies from listing in the US: Nasdaq
Tensions between Washington and Beijing have not stopped Chinese companies from flocking … McCooey said he hasn’t heard of companies delaying IPO plans because of the trade war, partly because many … ( read original…
China’s Tencent Music raises nearly $1.1 billion in U.S. IPO
NEW YORK/HONG KONG (Reuters) – China-based music streaming company Tencent Music Entertainment Group TME.N has raised close to $1.1 billion in its U.S. initial public offering (IPO) after pricing … ( read original story …)
Clouds loom over Tencent Music’s New York IPO
when a trade truce between Beijing and Washington resulted in a short-lived rally. The Nasdaq Composite Index slid roughly 6% during the same period. Tencent Music reportedly postponed its IPO … ( read original story…
Hong Kong IPOs to raise HK$100 billion less in 2019, says KPMG
Alibaba Group Holding-backed Babytree shrank its listing size by 70 per cent and Club Med owner Fosun Tourism Group reduced its IPO size by half. Alibaba owns the South China Morning Post. The city’s ……
China, U.S. discuss road map for next stage of trade talks
China and the United States discussed a road map for the next stage of their trade talks on Tuesday, during a telephone call between Vice Premier Liu He and U.S. Treasury Secretary Steven Mnuchin and…
