China Tourism’s multibillion-dollar IPO could come this quarter, say sources, as the retailer looks to Hainan’s duty-free zone to capture domestic spending.
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World’s Roughest IPO This Year Is Chinese, And It’s Not Didi
The three biggest money losers among large listings in 2021 are all Chinese, thanks to the country’s widening tech crackdown.
Hong Kong customs makes largest-ever smuggling bust, with haul of shark fin, luxury goods valued at HK$210 million
Nearly 10 tonnes of shark fin were seized as part of a record HK$210 million haul of luxury goods and endangered wildlife products destined for mainland China, customs officials said on Thursday. The …
Why Oxford Nanopore IPO proved a major hit
Read more: IPO Watch: Goldman Sachs plans $5bn Petershill … San Francisco, Singapore, and Beijing. The group develops products that are used to analyse DNA, RNA, proteins and small molecules …
Desperate China backflips on Australian coal
China, caught in the grips of a power crunch, has begun unloading Australian coal shipments despite an unofficial import ban. Extreme weather, a surge in demand and strict orders from Beijing to …
Global brands should “have a focus on China”: UK market research firm CEO
Multiple factors will continue to drive the growth of the Chinese market and global brands “should definitely have a focus on China”, Matthew Nelson, newly appointed global CEO of British market …
Exclusive | Flurry of IPOs around Diwali to force online giants to price their issues reasonably
PayTM and Nykaa, among the top contenders in investor interest, plan on a reasonable pricing of their pre-Diwali IPOs, sources suggest. They and a clutch of new-age online aspirants are awaiting …
TikTok-Rival Kuaishou Has Roughest Ride Among Big Global IPOs
Investors who bought Kuaishou Technology after the TikTok rival went public in Hong Kong have notched the widest peak-to-trough slump among global initial public offerings this year. The Chinese video …
AUD/USD looks to 0.7300 amid risk-on mood, US debt ceiling extension vote eyed
AUD/USD holds onto recovery moves from weekly low, pokes intraday top of late. Optimism over US debt filibuster, Sino-American relations favor buyers. Strong US ADP data, uncertainty over US stimulus …
Welcome to the future of luxury retail in China
In an environment of continuous travel restrictions, store closings, global restructuring and growth in omnichannel sales, luxury brand executives must stay one step ahead of comp …
Why this chip maker’s New York IPO has left a bad taste in the mouth for Chengdu’s local government
GlobalFoundries said in its prospectus that the Chengdu factory halted operations due to ‘a variety of factors, including unanticipated market conditions’ …
What Caught Our Eye in the Mind-Bogglingly Dense 642-Page IPO Filing for Oyo
The once high-flying Oyo has been humbled, even as it remains a mind-boggling complex global business. That is the one line summary of the very dense 642 …
Energy-Starved China Forced To Accept Australian Coal
China is so desperate for coal amid a power crunch threatening its industrial growth that it has released Australian coal that has been sitting in bonded storage not cleared by customs because of the …
