Marriott has reopened 91% of its hotels globally as business travel reemerges in China and worldwide occupancy, which tumbled to 11% in April, reached 34%. The company reported quarterly profits on … ( read original…
Tagged By ipo
Chinese Tesla rival Xpeng Motors files for New York IPO
Xpeng’s push for a New York IPO comes amid escalating tensions between the U.S. and China that have threatened Chinese firms listing on Wall Street. ( read original story …)
China does remarkably well in improving business environment
Drivers of Reform and Opportunities for the Future,” released in late July, shows that China has achieved a remarkable improvement in its business environment in recent years. Measured by the World … ( read original…
China remains a ‘bright spark,’ says major real estate developer CapitaLand
There are “very encouraging signs” in CapitaLand’s residential business and retail operations in China, said Andrew Lim, the company’s group chief financial officer. ( read original story …)
KE Holdings Proposes Terms For $1.9 Billion U.S. IPO
KE Holdings has filed to raise $1.9 billion from the sale of ADSs in a U.S. IPO. The firm operates a large residential real estate transaction network in China. BEKE is growing impressively, has ……
More Than 10,000 New Blockchain Companies Established in China in 2020
LongHash said China’s blockchain companies have increased substantially and recorded an all-time high in 2020 despite Covid-19 … ( read original story …)
‘Keep Up The Effort, Learn From Failure, Adapt,’ Says Tech IPO Queen, Kathleen Smith
Renaissance Capital’s Kathleen Smith shares her path to become one of the most respected Wall Street voices on tech IPOs. ( read original story …)
US-China trade war: Why every Chinese phone maker should prepare for the worst
The term “untrusted” is extremely broad, but it should serve as a warning to all Chinese smartphone manufacturers to implement contingency measures right now. All of the rhetoric so far has been … ( read…
IPO Launch: KE Holdings Finalizes Terms For $1.9 Billion U.S. IPO
KE Holdings (BEKE) intends to raise $1.9 billion from the sale of ADSs representing underlying Class A stock in an IPO, according to an amended registration statement. The company provides an online … ( read…
Tencent-backed real estate platform Beike aims to raise US$2 billion in New York IPO even as US tightens noose around WeChat
Despite worsening tensions between the world’s two largest economies and an accounting scandal at a high-profile US-listed Chinese start-up earlier this year, firms from the Asian nation have received … ( read original story …)
Chinese State Grid Launches Blockchain-Based Blackout Insurance Policy
A branch of China’s state-backed grid released its first blockchain-powered blackout insurance policy issued to the chairman of a local company that needed to compensate for a power outage loss … ( read original story…
Apple’s Chinese business could be devastated by Trump’s WeChat ban
President Trump’s executive order banning WeChat could have far-reaching consequences for almost the entire technology industry, thanks to the app’s parent company, Tencent, having investments in … ( read original story …)
Chinese Tesla competitor brushes aside rising Washington-Beijing tensions, files for US IPO
Xpeng Motors, a Chinese rival to Tesla, has filed to list its shares on the New York Stock Exchange (NYSE), becoming another Chinese electric vehicle (EV) startup seeking US listing despite deepening … ( read…
