China will relax rules on IPOs for a planned Nasdaq-style tech board in Shanghai as it seeks to encourage start-ups to list at home after losing the likes of Alibaba and Baidu to Wall Street.…
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Sinochem’s backtrack sends a fresh IPO warning
Beijing’s behemoths once listed regardless of market conditions … The company had sought to raise up to $2 billion from the IPO. However, it put the listing on hold late last year because early inve……
China to Scrap Price, First-Day Gain Limits to Entice Tech IPOs
(Bloomberg) — China will remove limits on IPO pricing and first-day gains under plans for a new tech-stock exchange aimed at avoiding losing the likes of Alibaba Group Holding Ltd. and Tencent Holdin… ( read…
U.S., China launch high-level trade talks amid deep differences
a small group of Chinese protesters held placards highlighting various grievances against the China’s government, including the unfair taking of properties. Some business groups watching the … ( read original story …)
Luxury stocks may yet lose luster despite China’s taste for Vuitton
Enduring momentum in Asia bears out for now brands’ argument that young, middle class Chinese are developing a lasting taste for high-end goods, after luxury stocks were battered in recent months by w… ( read…
China unveils draft rules for Nasdaq-style board for tech startups
China has published draft rules for a Nasdaq-style startup board in Shanghai, the China Securities Regulatory Commission said on Wednesday, potentially competing with Hong Kong and New York for listin… ( read original story …)
U.S. questions China’s subsidy programs in WTO document
The United States has accused China of hiding some trade-distorting subsidy programs from international scrutiny while disclosing others it does not need to, according to a document circulated on Wedn… ( read original story …)
Apple sees US-China tensions easing, services business growing
Apple said sales for its fiscal second quarter would most likely be lower than Wall Street expected, a signal that it continues to face weak demand for its iPhone, especially in China, the world’s big……
U.S., China face deep trade, IP differences in high-level talks
senior vice president of the U.S.-China Business Council. “I don’t think there’s going to be any big outcome,” Ennis said of the talks scheduled for Wednesday and Thursday. “Hopefully … ( read original story …)
Chinese brands lead domestic smartphone sales for 2018
China’s domestic mobile phone brands topped 2018 sales lists, while the country’s market recorded an overall sluggish year, data from Sino Market Research has shown. The data also showed that Honor, a … ( read…
Europe’s listed firms expect to glean $521 billion in revenue from China
LONDON (Reuters) – European listed firms expect to receive 456 billion euros ($521 billion) in total revenue from China in 2019, with luxury brands and automakers the most exposed sectors, a Refinitiv … ( read…
PREMIUMISATION IS NEEDED TO STAND OUT IN CHINA’S BEER MARKET
Here, we take a look at how both international and local brands can stand out in a market where consumers are trading up. Imported brewers have cache in China, particularly as beer drinkers become mor……
China urges U.S. to withdraw extradition request for Meng Wanzhou
It gave no indication whether Beijing might retaliate for the charges against Huawei, China’s first global tech brand. “We strongly urge the United States to stop the unreasonable crackdown on Chinese … ( read original…