Smartphone brand Xiaomi names Chinese Olympic sprinter Su Bingtian as brand ambassador in a new push to cement its lead in the local market after Huawei’s demise.
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China Telecom taps into greenshoe for bigger $8.4bn IPO
China Telecom has decided to fully exercise the greenshoe option for its record A-share listing to raise Rmb54.2bn ($8.4bn), riding on a 180 times covered retail book.
Shenzhen King Brother Electronics Technology’s IPO to debut on Shenzhen Stock Exchange
Shenzhen King Brother Electronics Technology (301041) to start trading on the Shenzhen ChiNext Market Aug 11, tomorrow. The firm has issued 26.68 mln shares priced at RMB 7.31 per share raising RMB …
‘Equipped to win’: Why L’Oréal CEO doesn’t believe C-beauty brands are a ‘big threat’
L’Oréal’s CEO has brushed off the hype surrounding the rise of China’s domestic beauty brands such as Perfect Diary, saying that while the competition is growing, he doesn’t see it as a threat.
Africa – New Playground for Crypto Scams and Money Laundering
The continent’s crypto market is still comparatively small, but the options for fraudsters and cyber criminals abound.
China Telecom eyes US$8.5bn Shanghai IPO, world’s biggest in 2021
China Telecom, one of the country’s three major telecom operators that exited the New York Stock Exchange earlier this year, is set to raise up to 54.2 billion yuan (US$8.5 billion) as one of the…
Bank BBVA Teams With Ant’s Blockchain Platform Trusple
Bank BBVA is now offering payment and financing services on Trusple — China’s Ant Group’s blockchain platform for global trade.
F5 Reappointed by Pfizer China
Pfizer China has reappointed boutique agency F5 to lead its brand and creative duties for its employer branding division.
China is getting out of crypto mining. Is North America ready to embrace it?
Beijing has been playing around with the notion of cryptocurrencies and blockchain for more than a decade. While the Chinese government never embraced digital currency, its opposition to the new asset …
China Telecom’s IPO may set a trend
The A-share market will embrace more telecommunications companies now that A-share IPO process kicked off on the Stock Exchange on Monday, market oracles said. China Telecom set the share price at …
Bytedance IPO Likely, Export Growth Slower In July
Chinese investors continue to be positive about the country’s economic prospects, though volatility and uncertainty around the delta variant and the exact trajectory of economic growth have meant that …
How Riot Blockchain Shares Fell 12.5% Last Month Despite Rising Bitcoin Prices
Shares of Riot Blockchain (NASDAQ: RIOT) fell 12.5% in July 2021, according to data from S&P Global Market Intelligence. The Bitcoin miner’s negative move ran counter to a 16.6% increase in the price …
China Telecom eyes $8.4 bil Shanghai IPO, world’s biggest, in 2021
China Telecom could raise more than $8 billion in a Shanghai initial public offering that would be the biggest this year, months after it was delisted in the United States amid Washington’s stand-off …