The companies are arguably the two most newsworthy smartphone brands in China today – but for very different reasons. Xiaomi is widely expected to file its application for a Hong Kong IPO this week, with…
Tagged By business
Asia sees signs of export weakness before key U.S.-China trade talks
China, which denies allegations it coerces technology transfers … In Taiwan, another Asian hi-tech powerhouse, factory growth slowed to six-month lows. Business growth in the United States and Europe, while still strong, has slowed to…
Banks feel bite of low IPO approval rate
In the first quarter of 2018, the volume of A-share IPO applications approved by the CSRC declined dramatically, according to data compiled by China Banking News in April. From January to March, CSRC greenlighted 32…
One chilling story shows how far China will go to silence critics
Speaking at an event at the Lowy Institute attended by Business Insider, Ma said Chinese-language media in Australia faces unique pressures that other ethnic media don’t. She then described one incident which illustrated how China…
Start-ups listed on Beijing’s ‘new third board’ eye Hong Kong IPOs
A number of Chinese start-ups trading on National Equities Exchange and Quotations, or Beijing’s “new third board”, are … Many technology companies would thus like an IPO with the HKEX,” said Cheung. “The new third…
Investors Cool a Bit on Big Hong Kong IPO
But it is short of the some HK$500 billion or in orders received ahead of the November IPO of China Literature Ltd., the country’s largest reading platform, being hived off from internet giant Tencent Holdings…
China’s Biggest Tech Unicorns Stampede to Go Public
Several factors are at play, including a loosening of listing rules in China and Hong Kong … online food review and delivery services business and is also planning an IPO—targeting a $60 billion market valuation—according…
Photos reveal what it’s like to shop at Walmart in China — which is shockingly different from the US and struggling to compete
By the most recent measures, e-commerce accounts for a whopping 21.4% of total retail in China. By comparison, the US is hovering around 12%. In recent years, Walmart has built out a robust online grocery…
Japan brands’ EVs for China appear strikingly familiar
BEIJING — If the first wave of Japan-brand electric vehicles for China looks familiar, it should. Toyota, Nissan and Honda are simply rolling out EV versions of existing nameplates. Toyota Motor Corp. will launch two…
China Is Set to Take a Hard Line on Trump’s Trade Demands
BEIJING — Staking an assertive negotiating stance, China says it will refuse to discuss President Trump’s two toughest trade demands when American officials arrive in Beijing this week, potentially derailing the high-level talks. The Chinese…
Xiaomi’s blockbuster IPO risks leaving Hong Kong’s financial system with a cash crunch
The city’s red-hot IPO market usually sees offerings oversubscribed — sometimes by hundreds of times — as investors borrow heavily to place orders. For clues on how this may play out, consider that China Literature’s…
Coming To America – China IPO’s
Despite the political rhetoric, Chinese companies are still looking to IPO in the United States. YY Inc.’s eSports streaming unit Huya going public. Baidu’s iQiyi now a public company. Anime streaming company Bilibili going public.…
Looming $10 Billion IPO Has Hong Kong Bracing for a Cash Crunch
Market players already got a taste of the cash crunch a giant IPO brings when Ping An Good Doctor, a unit of China’s biggest insurer by value, started locking in retail investors for its $1.1…
