KE Holdings Inc. undefined, a Chinese real estate company, priced its initial public offering early Thursday at $20 per American Depositary Share, above … ( read original story …)
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‘The Gold Standard:’ Why Chinese Startups Still Flock to the U.S. for IPOs
The U.S. remains a magnet for initial public offerings of Chinese technology companies, despite rising political, trade and regulatory tensions between the world’s two largest economies. ( read original story …)
Nigerians Are Using Bitcoin to Bypass Trade Hurdles With China
Nigerian entrepreneurs are increasingly using bitcoin as a way to trade internationally, noting its significant benefits over legacy financial systems. ( read original story …)
China Mobile Revenue Rises as Pandemic Boosts Services Demand
China Mobile Ltd.’s revenue rose in the first half as the coronavirus pandemic prompted industries to accelerate steps toward digitalization, boosting demand at the country’s biggest phone company. ( read original story …)
China Mobile’s First-Half Net Profit Slipped 0.5%
China Mobile Ltd.’s net-profit in the first half of the year slipped 0.5%, as weaker margins offset a slight increase in operating revenue. The telecom operator posted a net profit of 55.77 billion … (…
Realtor IPO overcharges for Chinese housing
The New York stock exchange has a new Chinese tenant. KE, which operates home broker Lianjia and sales-and-services platform Beike, plans to price shares in its initial public offering above the top … ( read…
Hong Kong’s Hang Seng Index fluctuates as traders brace for China data and assess economic outlook
US ties, downplayed the impact of the order by President Donald Trump to ban business transactions with its WeChat app, saying only 2 per cent of revenues were derived from the US. ( read original…
Hong Kong stocks rise for second day as earnings from Tencent and China Unicom beat
Hong Kong stocks rose for a second day, as companies from Tencent Holdings to China Unicom posted earnings that exceeded analysts’ estimates.The Hang Seng Index gained 0.3 per cent, or 70.92 points, … ( read…
5 Weapons China Could Use to Pushback America’s Military
As the People’s Republic of China (PRC) emerged from war and revolution in 1949, it became apparent that the Chinese economy lacked the capacity to compete with the U.S. or the … ( read original…
KESG: New China ESG ETF Leaves Out More Than It Keeps
Done right, ESG probably has a greater opportunity for edge in China than in another other market. Many investors in Chinese equities have long appreciated the advantages of companies with better than … ( read…
China Unicom hails SA 5G progress
China Unicom chairman and CEO Wang Xiaochu highlighted progress on its joint 5G network with rival China Telecom, expressing confidence it would commercially launch standalone (SA) service in Q4. We … ( read original story…
China Unicom First-Half Net Profit Rose 10%
Ltd. said its net profit for the first half of the year rose 10% from a year earlier, thanks to increased revenue and a lower cost-to-sales ratio. The telecom operator posted a net profit of…
Tencent-backed Chinese real estate platform Beike to raise US$2.12 billion in US after pricing IPO above guided range
KE Holdings, the online real estate transaction platform backed by Tencent Holdings, is set to complete the biggest initial public offering (IPO) by a Chinese company in the US market in more than two ……
