A gauge of Chinese business activity outside the factory floor rose to its highest level in 2½ years in August, driven by the service sector. ( read original story …)
Tagged By crypto
Huobi and OKEx Battle for Supremacy in China
Cryptocurrency exchange Huobi is taking aim at competitor OKEx in the business of trading bitcoin futures and other derivatives contracts, opening up a new front in a longstanding rivalry that has … ( read original…
China’s Greenland Financial plans to raise $876 mln ahead of HK IPO – document
China’s state-backed Greenland Holdings’ financial arm is planning to raise up to 6 billion yuan ($876.41 million) in a pre-IPO round that will raise its valuation to 34 billion yuan, according to an … (…
Jack Ma’s Ant fuels tech IPO frenzy not seen since dot-com bubble
Jack Ma’s Chinese financial titan aims to raise at least $30 billion in Hong Kong and Shanghai in October, which could push global first-time share sales by tech firms well past $57 billion, according ……
China Mobile Ltd. (NYSE:CHL) Stock Holdings Increased by Blair William & Co. IL
Blair William & Co. IL increased its holdings in China Mobile Ltd. (NYSE:CHL) by 658.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC) … ( read…
Nongfu Spring raises $1.1 bln in Hong Kong IPO – sources
Chinese drinks producer Nongfu Spring will raise nearly $1.1 billion in its Hong Kong initial public offering (IPO) after pricing its shares at HK$21.50 each, according to two sources with direct … ( read original…
China Factory Activity Slows In August As Flooding Hits Business
Factory activity in China slipped slightly in August, according to official data published Monday, as the country grappled with the fallout from widespread floods. The closely watched Purchasing … ( read original story …)
Value of Chinese Brands Growing at 8X Global Average
Beijing contributed nearly half of the value of China’s strongest brands, according to a ranking by Brand Finance. ( read original story …)
China business activity rises more than expected
China’s official gauge of business activity outside factory floors expanded faster in August as the country’s service sector showed more signs … ( read original story …)
Jack Ma’s Ant Fuels Tech IPO Frenzy Not Seen Since Dotcom Bubble
Ant Group’s potentially record-sized initial public offering could propel technology capital-raising in 2020 past the dizzying heights of the dotcom bubble, an extraordinary showing in a … ( read original story …)
What Happens To The Phase One China Trade Deal If Biden Is President?
Joe Biden will be elected president on November 6. What happens to one of the biggest signature trade policies of the Trump era in that case — the “amazingly great” China phase one trade deal?…
Week In Review: Antengene Approved By Hong Kong Exchange For $200 Million IPO
Antengene, a three-year old Shanghai startup originally backed by Celgene, will conduct a Hong Kong IPO that is expected to raise $200 million. ( read original story …)
China’s Brand of Communism
Communism is back in the news. That’s in part because the Trump administration has made a national priority of informing the public about the China challenge. Earlier this summer four … ( read original story…