For the Japanese firm, Uber represents the third major investment in a ride-sharing company, having previously backed China’s Didi Chuxing and Southeast Asian taxi-hailing app Grab. In July, DiDi Softbank invested a combined $2bn in…
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GIC Re’s ₹11,372-crore IPO to open on October 11
State-run General Insurance Corporation of India (GIC Re) on Wednesday announced the launch of its Initial Public Offering of ₹11,372 crore (at the upper band), making it the third-largest IPO to hit the … such…
Manufacturers Need Robust Approach to China to Put U.S.-China Relationship on MORE Productive Track
China has been a major focus of the Trump Administration, which is focused on the need to deal with the competitive challenges that China poses for the U.S. economy and to put the relationship on…
Hong Kong brands get foothold in fashion industry with Paris shows
And while they have many young Hong Kong fans, the brand’s biggest market by far is mainland China. “Hong Kong is way more expensive in terms of running a company and manufacturing, so you have…
Are Chinese FIT Travelers the Next Opportunity for Luxury Brands?
Editor’s note: The rising FIT (Free Independent Travelers) travel trend in China represents an untapped opportunity for luxury brands. In this story, it is noted that the majority of FIT travelers are Chinese millennials, a…
UK funds investing in China do best
United Kingdom-registered funds investing in China delivered the best returns to British investors in the first half of the year, the investment research company Morningstar said. Funds invested in China returned nearly 19pc on average…
Ivanka Trump’s business in China shrouded in secrecy as public trade data disappears
Information that once routinely appeared in private trade tracking data has vanished, leaving the identities of companies involved in 90 per cent of shipments for Ivanka Trump’s companies unknown AP It is no secret that…
Huawei edges out Apple in china to become the most preferred brand in china
Beijing: Apple has had a big setback in China to strengthen its roots. One survey has revealed that Chinese smartphone buyers have expressed trust on Huawei’s in domestic brand rather than the iPhone. According to…
Smart Chinese City Teaches A Business Growth Lesson
Yinchuan is in northern China on the edge of the Gobi desert … In the past, getting documents approved for routine transactions like starting a business, buying real-estate, or applying for a travel visa required…
5 Things to Know About China’s Newly Public Best Inc.
Alibaba said that network should deliver goods across China within 24 hours and support annual sales … sales ratio of 2.2. That merely matches the industry average of 2.2 for business service providers, but remains…
Rio Tinto backs China ETS; Josh Frydenberg says it won’t affect policy
pics Angus Grigg For China emissions trading story Angus Grigg Labor’s acting environment spokesman Jason Clare criticised the Turnbull government’s stance and said business was “crying out for certainty” while the government fought “a civil…
New IPO Movers of the Week
In spite of the surge, AMMA is still trading at less than half its $4.50 IPO price from late last year. Shares closed the week at $2.20. China Internet Nationwide Financial Services Inc. (Nasdaq: CIFS)…
China reads the runes of Pirelli share sale
But last week, China ruled out direct aid … has trumpeted the benefits of the listing for his group’s Chinese owners © AFP But Pirelli’s IPO has met with some scepticism from investors. The company…
