La Chapelle, a Chinese fast-fashion label that is known as “China’s Zara,” launched an initial public offering (IPO) on September 13 with the aim of raising about 4.6 billion yuan ($702 million) to fund an…
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Iconic Canadian retailer Roots seeks IPO with $700 million valuation
Roots is also eyeing international markets, hoping to grow by up to 25 new locations between Taiwan and China, and build a presence in Singapore … then it makes sense to go forward with an…
IPO reforms will channel capital into real economy
Since the establishment of China’s stock market, there has been a controversy over the IPO system. After 20 years of continuous study and research, especially since the deepening reform undertaken by the 18th National Congress…
The Key To Success For Luxury Brands In China
I don’t normally write about this specific topic: luxury brands in China. But when you’re talking about the amount of money at play here, that caused me to sit up and take notice. There are…
China green car pivot will need state support, GM chief says
In July, Reuters reported global makers were urging China to delay and soften planned quotas for NEVs, which they said would be impossible to meet and would hit their business. Barra added the firm would…
Is Russia Pushing Saudi Arabia Out Of Asia?
The deal was no surprise as it came on the heels of a Rosneft announcement regarding the sealing of a strategic partnership deal with CEFC, but it is clearly indicative of a continuing warming between…
China Inc. Gets Private Equity Religion
HNA bought Pactera Technology International Ltd., a Beijing-based information-technology outsourcing services provider, from Blackstone Group in October last year and appointed Goldman Sachs Group Inc. to underwrite an IPO, though Goldman halted work … (…
China’s retail sales up 10.1 pct in August
The Chinese economy enjoyed better-than-expected growth in the first two quarters of the year thanks to debt-fuelled investment in infrastructure and real estate, although warnings of a potential financial crisis have spurred Beijing to clamp…
Asian Market Update – Friday: Coins point higher after turmoil on Thursday following platform closure in China
The IPO of Matrimony.com of up to $78 million was reportedly subscribed … He has been working and traveling in Asia for several years, and is currently based out of Beijing, China. He mainly follows…
On the Front Line of China’s Chat Sticker Industry
In 2015, Line’s stickers accounted for US$268 million in revenue, according to the company’s 2016 IPO filing. Line Friends has since … A telling example is Block 12 Culture, a Beijing-based intellectual property incubator specializing…
Five Things You Need to Know to Start Your Day
Sign up here Decision day at the Bank of England, the world’s biggest IPO may be delayed, and Trump seeks another … More from Bloomberg.com: Trump Blocks China-Backed Lattice Bid as Beijing Urges Fairness At…
Evening Update newsletter: Foreign buyers retreat from Ontario market; opioid poisoning hospitalizations soared in last decade
Canadian retailer Roots files for IPO Roots Corp. said on Wednesday that it filed for … along the lines of Germany’s reunification 27 years ago. Beijing already has highly productive political and economic relations with…
Rapper’s Delight: China’s Hip-Hop Talent Showcase Boosts Brands
A rapper named Little Dragon struts across a stage, baseball cap slung low on his forehead. The camera cuts to glistening McDonald’s chicken wings, and Little Dragon plugs the product in a rap couplet—in Mandarin.…