intention of IPO in 2017. Macquarie Research assumed TowerCo will issue new shares in conjunction with existing shareholders conducting a partial sell-down in the listing 09:20a CHINA UNITED NETWORK COMMUNICATIONS: Unicom to benefit more from…
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Facebook reportedly builds censorship tool to re-enter China
… who said he hoped Facebook could strengthen exchanges and improve mutual understanding with China’s internet companies, according to state news agency Xinhua. “We have long said that we are interested in China, and are…
China could take leadership role in Paris climate change deal if Trump pulls U.S. out
Mark Gollom is a Toronto-based reporter with CBC News. He covers a wide range of topics … but it could instead see China take on a leadership role, experts say. “I think a lot of…
China's Big Five banks to set up AMCs for debt-for-equity swaps: Caixin
BEIJING China’s five biggest state-owned banks are to set up asset management companies (AMCs) to undertake debt-for-equity swaps, the financial publisher Caixin reported on Wednesday. The five state-run banks are Industrial and Commercial Bank of…
As Trump disses TPP, China says to 'play role' in Asia-Pacific integration
BEIJING (Reuters) – China will “play its role” in promoting economic integration in the Asia-Pacific, the foreign ministry said on Wednesday, after U.S. President-elect Donald Trump said he would kill an ambitious regional trade pact.…
Issues in China have not gone away: Expert
China will heat up again as domestic debt problems and trade policy changes expected by president-elect Donald Trump come into sharper focus, says Charlene Chu at Autonomous Research Asia. ( read original story …)
Facebook Said to Create Censorship Tool to Get Back Into China
More broadly, China has streamlined and tightened its controls over the … Chinese citizens who wish to gain access to Facebook must tunnel in using a technology known as a virtual private network, or VPN.…
Financial warfare: China and the US T-Bills
The new President Trump appears to be making a confrontation with China the core of his trade policy. If China does not conduct trade in a fairer manner, the US will proceed to introduce import…
The Man Who Ran China’s Biggest Bank Looks West
Will China—home to bad-debt-burdened banks, heavily indebted companies, and an overheated housing industry—be the scene of the world’s next financial train wreck? The debate is one of the biggest in global finance. To bearish investment…
China Fibretech replies to SGX queries on financial statements
DYE maker China Fibretech has responded to queries by Singapore Exchange (SGX) surrounding its financial results for the third quarter ended September and the first nine months of the year. In a filing to the…
China New Borun Announces Third Quarter 2016 Unaudited Financial Results
BEIJING, Nov. 22, 2016 /PRNewswire/ — China New Borun Corporation (NYSE: BORN; “Borun” or the “Company”), a leading producer and distributor of corn-based edible alcohol in China, today announced its unaudited financial results for the…
Tonymoly builds new manufacturing plant in China
Korean K-Beauty favourite, Tonymoly, invests 23 bn won (€19.1 mn) in a new production facility in Zhejiang Province, China. Tonymoly will build the unit through its Chinese cosmetics affiliate Megacos, a manufacturer and seller of…
Wowo Limited Reports Third Quarter 2016 Unaudited Financial Results
JMU), a leading B2B online e-commerce platform that provides integrated services to suppliers and customers in the foodservice industry in China, today announced its unaudited financial results for the third quarter of 2016 ended September…