CDRs will account for at least 7 percent of the company’s share capital, the Beijing-based company said in a filing Thursday. The announcement confirms a Bloomberg News report on Monday. Xiaomi is planning to raise…
Tagged By ipo
As China Curbs Borrowing, Growth Shows Signs of Faltering
SHANGHAI — China’s government has been trying to break the country … At the start of this month, the central bank said that commercial banks could use some of their small business loans as collateral…
China holds fire on rates, posts ‘shockingly weak’ activity growth
China has been walking a fine line between rolling out measures to curb financial risks and pollution and tapping the brakes so hard that business activity slows sharply. Much of their effort so far has…
Asian shares slip on Fed hike, trade fears and soft China data
TOKYO (Reuters) – Asian shares eased on Thursday after the Federal Reserve raised interest rates and struck a more hawkish tone by forecasting a slightly faster tightening, while concerns about weak Chinese data and U.S.-China…
Sinopec Seen Top Winner as Pipe Spinoff Frees Up Unit IPO
China is set to unveil before winter its plans to house pipeline … “With pipeline reform moving forward, so too will the IPO,” Bernstein analyst Neil Beveridge said in a note on Wednesday, adding that…
Xiaomi is said to consider raising half of $10 billion IPO from CDR sale
Selling more equity to local investors aligns Xiaomi with Beijing’s policy goals and helps it command a higher valuation. On Tuesday, JPMorgan, Morgan Stanley and CLSA — all of which are sponsoring or arranging the…
Xiaomi posts $1.4b loss in Q1 ahead of HK IPO
BEIJING • Xiaomi revealed it lost 7 billion yuan (S$1.4 billion) in the first three months, as the Chinese smartphone maker prepares to persuade investors to buy into the largest initial public offering (IPO) since…
Sinopec Seen Top Winner as Pipeline Spinoff Frees Up Unit IPO
China is set to unveil before winter its plans to house pipeline … “With pipeline reform moving forward, so too will the IPO,” Bernstein analyst Neil Beveridge said in a note on Wednesday, adding that…
India, China in talks to form bloc against Opec
We agreed to promote (business-to-business) cooperation… and we are hopeful that in future buyers will be able to dictate prices,” oil minister Dharmendra Pradhan said after meeting China National Petroleum Corporation chairman Wang Yilin and…
Property agents abandon China’s resort island as sales plunge on cooling measures
while many clients had canceled purchases after authorities introduced what they described as China’s “most stringent tightening measures”. “Many of my colleagues have moved to Guangxi and Yunnan to look for business opportunities,” Li said,…
Meituan Is Said to Plan $6 Billion IPO Filing This Month
IPO would be another sign of rising Chinese technology might China’s restaurant review and delivery giant Meituan Dianping plans to file for an initial public offering of about $6 billion in Hong Kong as soon…
Xiaomi IPO gets a vital helping hand from home
The company could raise up to half of the $10 billion ($13.03 billion Canadian) it is hoping for in an initial public offering this summer by issuing depositary receipts in Shanghai — a new market…
China’s Master Plan: A Worldwide Web of Institutions
(This is the third part of a series on China’s effort to supplant the U.S. as the world’s pre-eminent geopolitical power. Read the first two parts here: A Global Military Threat | Exporting an Ideology.)…
ADVERTISEMENT
