From working at a foot massage company to setting up China’s biggest ride-hailing firm, Will Wei Cheng has navigated several hurdles on the path to taking Didi Global Inc public in a $4.4-billion New …
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Slowdown in Earnings, Chief Executive Assures Beijing That Nike is ‘A Brand of China’
Nike recently held a conference call with Wall Street analysts about the company’s fourth-quarter earnings report. When asked about facing competition from …
SoftBank-backed Chinese grocery delivery company clings to gains after slashing IPO size
BEIJING — Chinese grocery delivery company Dingdong closed 2 cents higher in its U.S. IPO Tuesday, following a 70% cut in the offering size. The lackluster performance comes amid a surge in Chinese …
Exclusive: ChemChina seeks to raise US$10 billion from Syngenta IPO – sources
ChemChina, the owner of Syngenta Group, is aiming to raise around 65 billion yuan (US$10 billion) from an IPO for the Swiss agrichemical giant on …
China’s Didi raises $4.4 bln in upsized US IPO -sources
Chinese ride hailing company Didi Global Inc raised $4.4 billion in its U.S IPO on Tuesday, pricing it at the top of its indicated range and increasing the number of shares sold, according to two…
Exclusive: ChemChina Seeks to Raise $10 Billion From Syngenta IPO – Sources
ChemChina, the owner of Syngenta Group, is aiming to raise around 65 billion yuan ($10 billion) from an IPO for the Swiss agrichemical giant on Shanghai’s STAR Market, sources familiar with matter …
Missfresh tumble is just a blip for China ADS IPOs
An exciting rebound in the flow of China-into-US listings took an unexpected hit last week when online grocery start-up, Missfresh, plummeted on the first day of trading. While worrying, investors are …
AIA acquires US$1.86 billion stake in life insurance arm of China Post Group as it expands presence in the mainland
Hong Kong’s biggest publicly traded life insurer will buy a 24.99 per cent stake in China Post Life Insurance as it expands its presence in the mainland.
Blockchain ambitions: geopolitical implications of China’s pioneering digital currency spread far and wide
China’s controversial social credit system has raised concerns over how the state might use the e-CNY to monitor people, control dissent and incentivise or dissuade certain behaviours.
China bubble tea firm debuts after $650-M IPO caps labor of love
Chinese bubble tea chain Nayuki edged down on its Hong Kong market debut Wednesday after raising more than $650 million in an IPO that marked the culmination of a literal labor of love for the…
Cheap imports of masks from China push US manufacturers to the brink
Cheap imports of masks from China has pushed the US manufacturers to the brink as production plunges. American manufacturer Premium-PPE has seen its monthly mask production plunge nearly 90 per cent …
China’s Didi raises $4.4 billion in upsized U.S. IPO -sources
Chinese ride hailing company Didi Global Inc raised $4.4 billion in its U.S IPO on Tuesday, pricing it at the top of its indicated range and increasing the number of shares sold, according to two…
China’s Didi raises top price in U.S. IPO -sources
Chinese ride sharing giant Didi Global raised $4 billion in it’s listing on Wall Street Tuesday, paving the way to begin trading on Wednesday.According to sources, Didi’s debut is now set to be the …
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