China’s upstart coffee brand, Luckin, has an audacious plan: convince China to switch from tea to coffee, overtaking Starbucks while they’re at it. It’s an expensive proposition, so they … ( read original story …)
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China Plans Faster IPO Approvals in Capital Markets Push
China’s securities regulator is pushing to speed up and simplify the review process for initial public offerings, people with knowledge of the matter said, as the government tries to improve companies … ( read original…
Caterpillar slips as disappointing construction sales point to China weakness
Caterpillar Inc spooked investors for a second straight quarter as rising costs hit margins in its construction equipment business and tepid sales in the Asia Pacific region pointed to continuing … ( read original story…
China’s island cities: Treasure or trouble for Asia?
The developer, China Communications Construction Co., and its Sri Lankan … “Helping Chinese people — and in turn, Chinese business opportunities — spread around the region and throughout the world … ( read original story…
China’s bankers in uncharted waters as Shanghai launches U.S.-style tech board
Liu and other Chinese bankers are entering a new world as Shanghai launches its new board, complete with the country’s first registration-based IPO system that is seen by some as the boldest reform … (…
Hillhouse Plans IPO for China Pet Hospital Assets
Hillhouse Capital is planning an initial public offering for some animal hospital assets in China that could raise at least $500 million, people with knowledge of the matter said. The private equity … ( read…
The Future of Shopping Is Already Happening in China
China’s Gen Z isn’t impressed by glitzy brand names and traditional advertising campaigns. Many are looking beyond the physical stores and e-commerce portals their predecessors preferred. They’re … ( read original story …)
Who are China’s biggest stars? R3’s celebrity index uses data to find out
Finding the right celebrity can be a shortcut to improved sales for luxury brands in China, as a majority of consumers still regard celebrities as “lifestyle” role models. But for marketers, the … ( read…
China’s central bank injects $40-billion in targeted loans as broader easing appears on hold
China’s central bank extended 267.4 billion yuan ($39.8-billion) to some commercial banks on Wednesday via its targeted medium-term lending facility (TMLF) as it looks to provide struggling smaller … ( read original story …)
China coal investments unpopular in ‘new Silk Road’ nations: poll
“China should now work with governments, business and investors at the upcoming forum to make sure these demands are met,” said Nick Mabey, chief executive of E3G. The survey was released ahead of … (…
2 China start-ups challenging Starbucks and Twitch are about to IPO in the US, and they have a surprising amount in common
Luckin Coffee and DouYu, two Chinese start-ups that just filed for IPOs in the US, have a surprising amount in common for a coffee company and a video-game live-streaming platform. Both companies are … (…
What Luckin Coffee’s IPO Might Mean for Starbucks
also took the odd step of filing to go public in the U.S. rather than in China. Supposedly this is because the Hong Kong market normally requires companies to have at least three years of…
China’s Sinopec resumes U.S. oil imports after six-month halt: sources
Sinopec’s trading arm Unipec suspended imports in September in case Beijing imposed punitive tariffs on U.S. oil imports as part of the U.S.-China trade war. The supertanker Maran Artemis, carrying … ( read original story…
