JD Logistics, the courier and warehousing arm of Chinese e-commerce giant JD.Com, could raise as much as USD3.4 billion from its initial public offering in Hong Kong this month. The Beijing-based …
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Musk Hits Crypto, AT&T/Discovery and China’s Rebound – What’s Moving Markets
Elon Musk rattles cryptocurrencies – and stock futures – with a fresh blast against Bitcoin. AT&T (NYSE: T) and Discovery (NASDAQ: DISCA) ar …
China says it will extend tariff exemption for some U.S. imports
China will extend a tariff exemption for 79 products imported from the United States that is due to expire on May 18, the finance ministry said in a notice published on Monday. The products include…
JD Logistics, China’s answer to Amazon’s logistics ambitions, to raise $3.4B in IPO
After operating in the red for 14 years, JD.com’s logistics subsidiary is getting ready for an initial public offering in Hong Kong. JD Logistics will price its share between HK$39.36 and HK$43.36 …
JD Logistics Launches Up to $3.4 Billion Hong Kong IPO — Update
The logistics arm of JD.com Inc. is looking to raise as much as $3.4 billion through an initial public offering, in the latest Hong Kong listing linked to China’s booming e-commerce market. The IPO …
JD Logistics, China’s answer to Amazon’s logistics ambitions, to raise $3.4B from IPO
After operating in the red for 14 years, JD.com’s logistics subsidiary is getting ready for an initial public offering in Hong Kong. JD Logistics will price its share between HK$39.36 and HK$43.36 …
Chinese Steel Export Ban Could Cut The Iron Ore Price And Hurt Australia
A ban on steel exports is one way China might achieve it’s aim of reducing the price of iron ore and delivering a fresh blow to its trade-war target, Australia.
China’s factory output slows as bottlenecks crimp production
China’s factories slowed their output growth in April and retail sales significantly missed expectations as officials warned of new problems affecting the recovery in the world’s second-largest …
Quality products drive rise in China’s imports of Japanese cosmetics
China’s imports of cosmetics from Japan in 2020 soared more than 30% from the previous year to about $4.3 billion, surpassing South Korea and other major suppliers.
Brick-and-mortar bookstores make a comeback in China
The digital age has changed our reading habits and gave physical bookstores a run for their money. But in China, these commercial temples for books, magazines and encyclopedias are putting up a fight …
China’s 520 Valentine’s Day Pivots to Kickstart 618
Stuck in between the real Valentine’s Day and the Qixi Festival, 520 finds a new purpose in luxury as China returns to normal from COVID-19.
JD Logistics to raise $3.4 billion in Hong Kong IPO
The delivery arm of e-commerce platform JD.com, JD Logistics, is seeking to raise as much as HK$26.4 billion ($3.4 billion) in its Hong Kong IPO, with the plan to sell 609.2 million shares at a…
JD Logistics targets USD 3.9 bln in Hong Kong IPO
JD Logistics is set to launch marketing campaigns for its Hong Kong’s initial public offering to investors, with the goal of raising USD 3.4 to USD 3.9 bln.
