Gil Luria, director of research at D.A. Davidson & Co., said Alibaba may be thinking about an IPO sooner rather than later, arguing the firm is not getting “favorable multiples” in New York and the…
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China’s furniture makers struggle to cushion tariff blow
LANGFANG, China — From switching to cheaper fabrics to clearing order books from the U.S., Chinese furniture manufacturers in this city just south of Beijing are hurriedly adjusting to the new … ( read original…
China Lending Forges Strategic Partnership with Rui Xin Insurance Technology to Develop Online Financial Services Platform
BEIJING, URUMQI, China and HANGZHOU, China, July 15, 2019 /PRNewswire/ — China Lending Corporation (“China Lending” or the “Company”) (CLDC), a non-bank financial corporation servicing micro … ( read original story …)
SoftBank-backed startup preps $500m IPO to make Pepper smarter
NEW YORK — CloudMinds, a Beijing-based robotics startup backed by SoftBank Group’s Vision Fund, has filed for a $500 million listing on the New York Stock Exchange. CloudMinds touts itself as the … ( read…
Out of China: the next big thing in new cars
And this will continue. International studies suggest China’s rate of improvement is running a double the pace achieved by Korean car brands that, in turn, were a lot faster at realising global … ( read…
Comment: China clearly has Canada’s number on food safety
Canada, amongst other industrialized countries, is the victim in all of this, as its own brand is being exploited in China’s vast food supply chain. Again, this has been going on for years, but China…
IPO Update: Wanda Sports Group Readies Plans For U.S. IPO
Wanda Sports Group has filed to raise $450 million in an IPO. The company operates and … metrics have plateaued or worsened in Q1 2019. Beijing, China-based Wanda Sports was founded to unite … (…
US IPO market bounces back
[Photo/IC] Led by an IPO that gained more than 700 percent, the US market for initial public offerings returned to life in the second quarter as 62 companies ranging from pet food retailers to social…
China-hifi-Audio Announces Line Magnetic LM-518IA Single Ended Tube Amplifier at Affordable Prices for its Customers
Line Magnetic is a reputed brand, and China-hifi-Audio has a number of LM products in its portfolio, including the LM-518IA tube amplifier. Music lovers often visit the web store of China-hifi-Audio … ( read original…
Consumer finance lender Home Credit, popular in China, plans to file US$1 billion IPO in Hong Kong
The Prague-based consumer finance company plans to raise about US$1 billion, according to a person familiar with the offering The filing comes two days after beer giant AB InBev scrapped plans for … ( read…
Western tech brands are recognized in China, but their products are rarely used
Despite having insignificant market shares and being marginal players in mainland China, western tech giants have a very high brand awareness among Chinese consumers, a market survey published last … ( read original story …)
China’s Didi Chuxing to allow app users to access rivals’ services
BEIJING (Reuters) – China’s biggest ride-hailing company Didi Chuxing will allow users of its smartphone app to access services provided by apps of three domestic auto firms and others … ( read original story …)
Brands Must Deal with Counterfeits on Social Commerce—Here’s How
Therefore, while it might seem as if the company, known as “China’s Groupon,” poses a lesser threat for high-end fashion and lifestyle brands, there are actually several reasons why it deserves closer … ( read…
