Xu Xiaohua, vice-president of the insurance school at the Central University of Finance and Economics in Beijing, estimates life insurance … was 393 times the number of shares on offer in the IPO, ZhongAn told…
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Chinese Education Co. Raises $144M In Above-Range IPO
Beijing-based RYB offered 7.8 million American depositary shares at $18.50 each, exceeding its original price range of $16 to $18. The company directly sold 5.5 million shares in the IPO, while a shareholder affiliated with…
iQiyi said to seek at least $8b value in IPO
A foreigner watching video programmes on iQiyi at an expo held in Beijing. [Photo by A Jing/For China Daily … Baidu wants to continue holding a controlling stake in iQiyi upon the IPO via dual-class…
IQiyi IPO could target valuation of up to $10bn
They added however that the IPO is still in the early stages and the final valuation could change. News of the sale follows Baidu’s decision in 2016 to scrap plans to buy a controlling stake…
More Luxury Stores Closed in China Over the Last Year Than in Any Other Country
China has seen 62 net closures of luxury brand stores during the surveyed period, the largest number observed by Bernstein among all significant geographies. The firm viewed the trend as a revision of the over-expansion,…
Top 10 sedan brands on China market
The China Association of Automobile Manufactures released the list of the top 10 sedan brands by sales for January to August on its official website on Sept 20. Lavida took the top spot, with sales…
5 Digital Solutions to Market Your “New” Brand in China
Most brands are quite successful in their country. But when they enter China, they need to understand they are starting from scratch. You have to build awareness, get the trust of the consumers and create…
Shanxi brands shine in China-Mongolia Expo
Shanxi brands and specialties are winning wide acclaim at the second China-Mongolia Expo recently opened in Hohhot, Inner Mongolia autonomous region, the fourth stop of the “Shanxi brands China tour” this year. More than 800…
Asia-Pacific has dominated IPOs globally this quarter
Despite the SGX’s crown for the largest regional IPO by proceeds this quarter, greater China markets saw the most activity, the report said. Stock exchanges in greater China saw a total of 144 companies listed…
The Story Behind ZhongAn’s Blockbuster IPO
the final pricing of IPO shares at HK$59.70 ($7.64) each — the upper end of its marketed price range — puts the four-year-old insurer’s valuation at $11 billion. Though it is still a fraction of…
Lyft IPO could benefit diverse group of investors
Continue Reading Below Lyft Inc is close to hiring an initial public offering (IPO) advisory firm … Alibaba and Tencent are both investors in China’s largest ride services startup, Didi Chuxing, which in turn is…
‘Bad Moms’ studio STX is said to be planning an IPO in Hong Kong in 2018
A representative of STX declined to comment. An IPO by STX would fit a common pattern of companies hoping to capitalize on Chinese investors’ interest in entertainment. China Film Co., the state-backed film distributor, went…
STX Progressing Towards Hong Kong IPO
administration costs are far lower and the company wants to be more accessible to its many investors and relationships in greater China. One of STX’s earliest large investors was Chinese investment fund Hony Capital, which…
