The company at the centre of the controversy surrounding MLA Bill Boyd’s business dealings in China has changed its name. The company formerly known as Modern Hi-Efficiency Agriculture Corporation is now called AgroTarget Corporation. The…
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China approves seven IPO applications
BEIJING, Aug. 19 (Xinhua) — The China Securities Regulatory Commission (CSRC) has approved IPO applications from seven companies. The firms will raise up to 3.4 billion yuan (around 509.7 million U.S. dollars), the CSRC said.…
China to limit overseas investments in real estate, sports
A document released Friday by the State Council, China’s Cabinet, was the latest move by regulators to tap the brakes on a string of foreign acquisitions, citing concerns that the companies involved may be taking…
China calls for rein in of risks in surging bitcoin market
China’s official Xinhua News Agency has called for the rein … and had been illegally conducting financing business, according to Xinhua. The PBOC considers bitcoin a commodity and not a currency, which ruled it out…
China moves to curb overseas acquisitions as firms’ debt levels rise
The curbs were announced in a document released on Friday by the state council, China’s cabinet, in the latest move to halt a string of foreign acquisitions. This week the International Monetary Fund described China’s…
The US just fired the first shot in a trade war with China
“The law hasn’t been used in 15 years and there’s a good reason for that,” economist Chad Bown of the Peterson Institute for International Economics told Business Insider. “We built a brand-new trading system so…
China’s booming e-commerce industry needs better offline infrastructure, experts say
Although China’s e-commerce industry is growing at a rapid rate, industry experts point to offline infrastructure as a future bottleneck unless more investment is made in this area. Online retail sales in mainland China amounted…
China home price growth cools for second month in July
New home prices in China’s 70 major cities rose 0.4% in July from a month earlier, easing from 0.7% growth in June, data out Friday showed. Beijing prices slipped for the second straight month. China…
L Brands: Down 7% On Earnings, But This 6% Yielding Stock Might Have Better Days Ahead
And, by then, it will also have opened several new stores in China. This article will discuss why long-term value and income investors might want to take a closer look at L Brands. For the…
Consumer loyalty and growing individualism pose challenges: Brand Summit China
All brands are after Chinese consumers and their rising incomes, but they are also a fickle lot. For example, only 54 brands which made the list of China’s top 100 brands list in 2007 (part…
Hong Kong designer Vivienne Tam first China stores to open
“People have been asking me for years, “Vivienne, when are you going to open stores in China?’ Finally it’s here. This is another milestone, a new chapter for my brand … it’s taken many years,…
China’s first listed bike-sharing firm surges in Shanghai debut
China’s first listed bike-sharing firm surged to its 44 per … the Jiangsu province-based company closed the day at 38.66 yuan, up 11.81 yuan from its IPO price of 26.85 yuan. The company’s revenue reached…
China’s Alibaba outstrips revenue estimates with online sales growth
Alibaba, China’s top e-commerce firm, beat analyst’s estimates with a 56 per cent rise in first-quarter revenue, driven by growth in online sales which make up most of its business. Thursday’s results show that Alibaba…