“The enforcement of the new rule will raise the quality of China’s capital market by weeding out poorly run companies,” said Yi Bin, an analyst at Huaxi Securities. “Market resources will be skewed … (…
Tagged By ipo
China’s state-owned pipeline giant agrees to buy Kunlun Energy assets for US$6.3 billion as consolidation gathers steam
Kunlun Energy, a PetroChina subsidiary, will sell a 60 per cent stake in a Beijing gas pipeline and a 75 per cent stake in its Dalian LNG company to PipeChina. ( read original story …)
Breakingviews – Tea bubble is set to inflate in China
Get ready for a tea comeback in China. The drink so closely associated with the country’s history has been supplanted of late in the zeitgeist and financial markets as a bitter battle for coffee ……
China oversees livestreaming with blockchain
Livestreaming e-commerce has taken off in China and brought various problems in its wake, which the market regulation authorities in one province are addressing with the use of blockchain technology. ( read original story …)
Kontoor Brands Launches the Wrangler® Brand in China
Kontoor Brands, Inc. (NYSE: KTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler ® and Lee ®, today announced that Wrangler, a … (…
Toymaker Pop Mart on a tear: US$674 million IPO came a decade after first store opened in Beijing
From a single shop in a mall in Beijing’s Haidian district to a group with 114 outlets and 825 vending machines across China, it took Pop Mart just a decade to become the biggest toy…
How China Lost Patience With Jack Ma, Its Loudest Billionaire
While the sudden cancellation of his Ant Group IPO shocked many investors, Ma’s fall from grace had been years in the making. ( read original story …)
Ross Says There’s More to Do on Trade With China
Commerce Secretary Wilbur Ross talks about how the Trump administration has handled China over the last four years. He spoke on “.” (Source: Bloomberg) … ( read original story …)
Kuke Music Holding Seeks U.S. IPO Funding
Kuke Music Holding has filed to raise $50 million in a U.S. IPO. The firm licenses Western classical music, sells education services and provides music events in China. KUKE has been sharply and … (…
China’s wealthy and middle-class investors are shying away from risky plays and looking inward after tumultuous 2020
Wealthy and middle-class investors have been the biggest winners in China’s economic boom, but the deteriorating external environment and questions surrounding tech start-ups have made them more … ( read original story …)
China a bigger threat to the US than Russia: Ric Grenell
China has become a “crisis” for U.S. “business, academia, and the public,” former acting Director of National Intelligence Ric Grenell said on Tuesday. ( read original story …)
How Zoom violated its own terms of service for access to China’s market
Like global tech companies before it, Zoom caved to the Chinese government, even when it meant overlooking basic human rights. ( read original story …)
Blacklisting of China’s Top Chip Maker SMIC Comes With Exceptions
U.S. lawmakers want tougher curbs on exports to Chinese semiconductor giant SMIC. ( read original story …)
