One of China’s biggest brokerages is barred from investing its own money in initial public offerings, after the firm’s staff failed to meet a deadline to place orders on a new trading venue for ……
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China refiners curb fuel output after massive new plants stoke glut
SINGAPORE/BEIJING (Reuters) – China’s fuel producers are making extended curbs to their output in the third quarter after supply from mammoth new refineries stoked an already-sizeable glut … ( read original story …)
Week In Review: Jibeier Pharma Files To Raise $100 Million In IPO On New Shanghai STAR Board
Hutchison China MediTech reported its parent company … reported that its filing to IPO on the new Science and Technology Innovation Board (STAR) has been accepted for review by the Shanghai … ( read original…
China’s June forex reserves rise more than expected amid trade truce
Early readings on June have been weaker than expected, with factory activity contracting and growth in the service sector softening, business surveys showed, highlighting the need for more stimulus to … ( read original story…
China’s Venture Capital Boom Shows Signs of Turning Into a Bust
“China entrepreneurs, more than any on the planet, will do unnatural things to avoid a down round,” Rieschel said. Story continues Meanwhile, venture firms are pivoting to alternative business models, … ( read original story…
China & Gulf expansion to boost Trade Bank of Iraq’s revenues: chairman
The bank, owned by the Iraqi government and with assets of around $30 billion, helps fund about 80 percent of the trade finance business in Iraq. “With our expansion, in China, Abu Dhabi and Saudi…
Sci-tech innovation board to speed up A-share IPOs: PwC
BEIJING – China is expected to see about 200 initial public offerings (IPOs) in its A-shares market this year, with a large chunk predicted to happen in the new sci-tech innovation board, according to ……
Five retailers/brands that are all about the blockchain right now
Walmart China is tracking food through its supply chain with VeChain’s Thor blockchain. The Walmart China Blockchain Traceability Platform is a joint venture between Walmart China, China Chain … ( read original story …)
How Chinese Mobile Money Technology Can Mitigate Excess Sovereign Debt
With data showing a world-topping 47 percent penetration in e-wallets in China and the country being home to the two largest mobile payment services (WeChat Pay with 600 million users and Alipay … ( read…
All-American Brands That Are Actually Made In China and Other Countries
In June 2018, iconic American motorcycle manufacturer Harley-Davidson announced it would start producing some of its products overseas due to the tariffs imposed by the EU in retaliation to … ( read original story …)
Breaking into the Chinese market: European brands have high hopes but low confidence
China will be the next frontier of growth for European brands, according to new research published today by The Trade Desk – with brands committing big spend to the market. Over half (53%) of the…
Brands have identified the opportunity for significant marketing spend in China: report
Brands are planning to invest heavily in China, eyeing the country as a market that presents a significant opportunity for them to grow their business, according to research from The Trade Desk. The … (…
WeWork’s $3 billion Sequoia-backed Chinese rival is reportedly eyeing a 2020 IPO in the US
WeWork’s Chinese rival, Ucommune, has its eyes on a 2020 IPO which could raise as much as $200 million … The Beijing-based Ucommune was founded in 2015 with seed funding from Sequoia Capital China. ……
