HONG KONG (Reuters) – Sinochem Energy, a unit of China’s state-owned Sinochem Group, has filed for a Hong Kong initial public offering (IPO) of about $2 billion, as the group seeks to raise capital am……
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Global IPO kitty at $94.3 billion in January-June: Report
In the Asia-Pacific region, riding on a strong second quarter 2018, Japan IPO volumes declined only 5 per cent and proceeds increased 8 per cent over first half of 2017. In Greater China, despite a…
China brands to capture 54% share in global smartphone market
Chinese smartphones will capture combined market share of 54 percent in 2018 in the global smartphone market, research firm TrendForce said. This is because leading smartphone brands such as Samsung, … ( read original story…
China to Qualcomm: Don’t blame us for failed NXP deal
… tariffs — it imports far less from the U.S. than the U.S. imports from China — but it has other weapons including holding up U.S. M&A deals and business license approvals, these people say.…
China is so desperate to win its war on drugs, it’s started analyzing people’s sewage for contaminated pee
as China hopes to do in its search for drug dealers. Daniel Burgard, a chemistry professor at the University of Puget Sound in Washington state, told Business Insider: “If the city is large, there is…
Beijing Towers Over This $9 Billion IPO
China Tower Corp.’s Hong Kong IPO looks like a pretty straightforward affair. There’s a reason why fund managers and index compilers treat global peers like American Tower Corp. and Crown Castle Inter… ( read original…
Exclusive: BMW to raise prices of two U.S.-made SUV models in China
BMW’s decision to absorb much of the impact of the higher tariffs echoes an earlier move by U.S. carmaker Ford Motor Co (F.N), which said it would not increase its prices for now in an…
China Tower’s IPO gets cool retail response as trade tensions and unstable markets keep investors cautious
China Tower, the world’s biggest telecoms transmission tower operator, saw a lacklustre response from retail investors on the second day of its US$8.7 billion Hong Kong IPO, as many potential buyers t… ( read original…
China: Qualcomm failed to resolve anti-monopoly worries
BEIJING — Qualcomm Inc. failed to resolve China’s anti-monopoly concerns about its proposed acquisition of NXP Semiconductors, the government said Friday, in a case analysts warned would worsen escala… ( read original story …)
Alibaba’s Movie Business Dominates the Chinese Box Office
That makes the movie business another thing Alibaba can add to its list of things it has dominated in China. Alibaba founder Jack Ma is going after the growing movie business in China. Image source:…
In for the China biotech gold rush, BeiGene eyes monster $800M-plus Hong Kong IPO
Fast on the heels of Ascletis’ record $400 million raise on the Hong Kong stock exchange, BeiGene is proposing its own IPO in the city — to run parallel with its current listing on Nasdaq.…
Sky9 Capital Congratulates PinDuoDuo on Its Successful NASDAQ IPO
BEIJING, July 27, 2018 /PRNewswire/ — Sky9 Capital extends its warmest congratulations to Colin Huang and his team for the successful IPO of PinDuoDuo, the leading social ecommerce platform in China. … ( read original…
Ex-Googler Becomes China’s 12th Richest Person
Pinduoduo Inc. founder Colin Huang became China’s 12th richest person with the soaring U.S. trading debut of his e-commerce company. The former Google engineer’s $13.8 billion fortune after the IPO pl… ( read original story…
