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…
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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…
Exclusive: China’s CEFC in early talks to buy Rosneft stake – sources
HONG KONG/BEIJING (Reuters) – CEFC China Energy, which has grown from a niche oil trader … One person familiar with Rosneft said it would be open to selling CEFC a stake in its retail business,…
China warns Washington against ‘trade war’
BEIJING — China’s government on Thursday warned “there is no winner in a trade war” after an aide to President Donald Trump called in published comments for a tougher stance toward Beijing. A foreign ministry…
IP Group loses investor after China cracks down on foreign investment
IP Group Plc (LON:IPO) said Beijing Galaxy World Group has pulled out its plans to make an investment in the British intellectual-property firm after hitting a regulatory roadblock in China. The Beijing company, which describes…
Bill Boyd asks conflict of interest commissioner to investigate Chinese business involvements
Boyd said the company didn’t secure any investors as a result of the trip to China or since then. He announced yesterday he’s resigning from politics — on the same day CBC gave him as…
China’s Zai Lab files for $115M Nasdaq IPO to take Tesaro, Bristol-Myers cancer drugs through late-phase trials
Zai Lab has filed to raise up to $115 million in a Nasdaq IPO. The biotech plans to use the money to hustle cancer drugs licensed from Bristol-Myers Squibb and Tesaro through late-phase trials in…
B.C. firm aims to buoy brand prestige of Chinese goods
To help resolve the problem, one company is turning to B.C. for help. Richmond-based China Brand Globalization Headquarters (CBGH), launched this spring by a number of Chinese-Canadian immigrants, wants to hitch Metro Vancouver’s creativity and…
Trump orders review of China’s trade practices
US President Donald Trump has asked his country’s top trade official to review China’s practices regarding intellectual property. The move was incremental, but could eventually lead to the US imposing trade sanctions. Mr Trump is…
Trump orders review of China’s trade practises
US President Donald Trump has asked his country’s top trade official to review China’s practices regarding intellectual property. The move was incremental, but could eventually lead to the US imposing trade sanctions. Mr Trump is…
Trump authorises possible China trade investigation
US President Donald Trump has asked his country’s top trade official to review China’s practices regarding intellectual property. The move was incremental, but could eventually lead to the US imposing trade sanctions. Mr Trump is…
China says it will defend interests if U.S. harms trade ties
BEIJING (Reuters) – China will take action to defend its interests if the United States damages trade ties, the Ministry of Commerce said on Tuesday, after U.S. President Donald Trump authorized an inquiry into China’s…
Why luxury brands no longer give China’s online marketplaces the cold shoulder
The world’s biggest luxury brands have had a change of heart towards China’s online marketplaces, which they once saw as a no-win battleground of counterfeit sellers, discounts and sales that tear away their brand value.…