Xiaomi shares will begin trading in Hong Kong on July 9. Beijing-based Xiaomi hoped to raise up to $6.1 billion from its IPO before trading started. The pricing gives the company a market valuation of…
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China’s 84 Questions for Xiaomi Show Hurdles for Tech IPO Plans
The collapse of Xiaomi Corp.’s plan to sell stock in mainland China is an example of Beijing’s ambition getting ahead of its reality. Intransigent regulators, lack of clarity from the central government and a company…
China defends its post-WTO business record
China on Thursday insisted it has “carried out every promise” made in joining the World Trade Organization as Washington and Brussels push Beijing to do away with protectionist policies. Hitting back at critics like US…
China says carefully monitoring U.S. policies on inbound investments
BEIJING (Reuters) – China’s commerce ministry said on Thursday it would carefully monitor U.S. policies on inbound investments, stressing that the country opposes using national security as grounds to restrict foreign investments. U.S. President Donald…
Trade war or not, China Inc already reining in American brands
SHANGHAI (Reuters) – As Beijing and Washington veer towards a full-blown trade war, American brands in China face what may be an even bigger threat: local rivals armed with innovative products and the Chinese government’s…
Trade War or Not, China Inc Already Reining in American Brands
Shanghai: As Beijing and Washington veer towards a full-blown trade war, American brands in China face what may be an even bigger threat: local rivals armed with innovative products and the Chinese government’s blessing. American…
FOCUS-Trade war or not, China Inc already reining in American brands
SHANGHAI, June 27 (Reuters) – As Beijing and Washington veer towards a full-blown trade war, American brands in China face what may be an even bigger threat: local rivals armed with innovative products and the…
Why Are Western Fashion Brands Getting it so Wrong in China?
Many Western fashion brands have made valiant attempts at entering China’s marketplace, only to slink away with their tail between their legs. In fact, it’s been estimated that 48% of foreign brands entering China will…
9 of the world’s 12 most shipped smartphone brands are from China
Nine of the world’s twelve most shipped smartphone manufacturers are headquartered in China, according to semiconductor market research firm IC Insights. The company recently updated its 2018 IC Market Drivers Report in which it documented…
China moves closer to ending mandatory animal testing for cosmetics
CFI and Chinese regulatory advisor Knudsen CRC’s pilot scheme will provide selected international beauty brands with full bureaucratic assistance to allow them to enter China without animal testing at any stage of the chain. The…
Tiffany Seen Likely to Benefit from U.S. China Trade War
The ongoing U.S.- China trade war continues to shake up markets in both countries, with many luxury brands facing rising global tariffs. However, based on a June 20 report by Financial Analyst Group Wells Fargo,…
Exporters in China’s manufacturing heartland brace for impact of US tariffs
Guangdong province in China’s south is part of the Pearl River Delta, which has become known as the world’s factory because of its tens of thousands of manufacturers that can make products faster and cheaper…
China’s Meituan Dianping files for Hong Kong IPO; seeks over $4 billion: sources
HONG KONG/SHANGHAI (Reuters) – China’s Meituan Dianping, an online food delivery-to-ticketing services platform, is bringing its initial public offering (IPO) to Hong Kong, where it aims to raise over $4 billion, three people with knowledge…
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