Xiaomi is considering an IPO in either Hong Kong or New York … After struggling with declining sales in 2016, the Beijing-based company managed to revive growth last year, partly by opening offline retail stores…
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China isn’t just a manufacturing hub anymore, UBS says
Developments in financial technology and electric cars have led China to move beyond being just a manufacturing hub, UBS Asia Pacific President Kathryn Shih said The business environment for foreign firms on the mainland has…
32 missing, oil tanker on fire after collision off China
In this photo provided by Korea Coast Guard, the Panama-registered tanker “Sanchi” is seen ablaze after a collision with a Hong Kong-registered freighter off China’s eastern coast Sunday, Jan. 7, 2018. The oil tanker collided…
Airbus woos China with A380 industrial partnership offer
Airbus is offering an industrial partnership with China on the A380 if Chinese airlines place orders for the world’s largest passenger jet, whose future is in doubt unless it wins new customers. Fabrice Brégier, Airbus’s…
China developer Greenland views e-sports as engine that will drive traffic to its malls and hotels
Greenland Holdings, China’s sixth largest property developer by sales, wants to tap the rising popularity of e-sports to drive traffic and sales at its properties. The Shanghai-based company wants to create the mainland’s largest business…
China, Hong Kong shares keep climbing; developers lend support
China and Hong Kong stocks extended their New Year rally on Friday, underpinned by robust gains in real estate firms. At 04:02 GMT, the Shanghai Composite index was up 7.95 points or 0.23 per cent…
US joins search for 32 missing after ships collide off China
In this photo provided by Korea Coast Guard, the Panama-registered tanker “Sanchi” is seen ablaze after a collision with a Hong Kong-registered freighter off China’s eastern coast Sunday, Jan. 7, 2018. The oil tanker collided…
China: Low-level graft a business reality
Despite President Xi Jinping’s half-decade-long anti-graft campaign, low-level corruption remains a business reality for Singapore firms in China. For a society where guanxi, or personal connections, can make or break a deal, wining and dining…
Iranian tanker collides with freighter off China; 32 missing
BEIJING — An Iranian oil tanker collided with a bulk freighter and caught fire off China’s eastern coast, leaving its entire crew of 32 missing and causing the tanker to spill oil into the sea,…
Five most highly-anticipated Chinese tech IPOs for 2018
After a slow start, Chinese tech firm sped up its IPO rush in the latter half of 2017, marked by hefty IPOs like the ones from China Literature, ZhongAn, Qudian, and Sogou. The past year…
China’s IPO strength isn’t extending to equity capital markets: Gadfly
The great overseas push by China’s investment banks has gone as far as locking up initial public offerings in Hong Kong. Beyond taking public some big names on their doorstep, they’ve made little headway in…
China slashes number of baby formula brands in quality drive
China has slashed the number of permitted milk powder brands by 1,400, to boost the market share of the bigger domestic brands damaged by a safety scandal a decade ago, which led overseas companies to…
Back on track: China’s rural poor regain sight and self-reliance aboard hospital train
It’s estimated tens of millions of people in rural China have cataracts but little to no access to the treatment they need. Along came the Lifeline Express, a private Hong Kong-based foundation that deploys hospital…
