China’s wealthiest entrepreneur in the eyecare field is Chen Bang, chairman of the Aier Eye Hospital Group. Chen has a fortune worth $11.5 billion on the Forbes Real-Time Billio …
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China’s Kuaishou says state broadcaster has no veto rights over business
BEIJING (Reuters) -Chinese online video company Kuaishou dismissed as untrue on Wednesday what it called “online rumours” that a state broadcaster would be able to veto its business decisions after …
IPO Update: AgiiPlus Seeks $39 Million In U.S. IPO
AgiiPlus is seeking U.S. public capital market investment to fund its corporate growth initiatives and general working capital needs. Find out why I’m on Hold for the AGII IPO.
Australia’s Penfolds bets on China-made wine to rebuild tariff-hit business
Australia’s biggest wine company has been one of the worst corporate casualties of recent frictions with China after Beijing began an anti-dumping probe into Australian wine imports in 2020 that …
China’s Oct new yuan loans seen sliding as demand weakens
China’s new yuan loans likely slumped in October from September, a Reuters poll showed, as stringent curbs to stamp out COVID-19 outbreaks and a property sector debt crisis hurt economic activity and …
China’s Kuaishou says state broadcaster has no veto on decisions
China’s Kuaishou dismissed as untrue on Wednesday what it called “online rumours” that a state broadcaster would be able to veto its business decisions after having taken a stake in its Beijing unit.
Gap sells its China business to Baozun for $40 million; deal likely to close by mid-2023
Bringing an end to its 12-year foray in the region, San Francisco-based Gap has finally given a green signal to sell its Greater China business to Chinese e-commerce services provider Baozun Inc for a …
Archean Chemical IPO opens today: GMP, price band, lot size and more
The issue has a price band of Rs 386 to Rs 407 per share. At the upper end of the price band, the share sale is expected to fetch Rs 1,462.3 crore …
Global brands think local as they tie up with state-owned entities to woo customers with China-centric products
Foreign companies are increasingly working with Chinese brands, but some have also tied up with state-owned companies to target the nation’s 1.4 billion consumers.
Gap Sells Money-Losing China Business to Baozun for $50 million
American clothing retailer Gap Inc. is selling its business in greater China to Chinese e-commerce services provider Baozun Inc. for as much as $50 million, Baozun said Tuesday. Baozun, which has …
What It Means When Gap Calls It A Day In China And The Market Just Shrugs
Until a few years ago, the most fashionable question was: Do you own your brand and other intellectual property in China? You see, Chinese law is not like American law. If you own a well-known,…
Chinese workspace provider AgiiPlus adds terms to proposed $39M IPO
Chinese workspace provider AgiiPlus (AGII) has added terms to a proposed $39M US initial public offering. Read more on the IPO here.
China Trade Down on Weak Global Demand, COVID Restrictions
China’s trade shrank in October as global demand weakened … repeatedly shut down large sections of cities to contain virus outbreaks. That has disrupted business and confined millions of people to …
