A series of China tech IPOs in the education sector are underway in the U.S. to capitalize on high growth rates and potential in this booming business, where it seems all Chinese want to get…
Tagged By ipo
China fast tracks IPO by leading biotech firm WuXi AppTec, in race as Asia’s hub for fundraising
WuXi AppTec, the mainland’s leading biotechnology firm which privatised in New York two years ago, has been given the green light to relist on the A-share market via an initial public offering (IPO) in Shanghai,…
Netflix Ally iQiyi Prices IPO; Walgreens, Blackberry Earnings Due: Action Plan
Late Wednesday iQiyi will price its IPO. The so-called Netflix of China will trade on the Nasdaq under the ticker IQ starting Thursday. IQiyi plans to offer 125 million American depository shares at an expected…
WuXi AppTec given green light to raise US$907m in Shanghai IPO
Its IPO follows a steady pipeline of Chinese firms … Both Shanghai and Shenzhen bourses – under the direction of the China Securities Regulatory Commission (CSRC) – have been bending over backwards to lure foreign-funded…
Sunlands, Latest China Education IPO In U.S., Drops Amid Trade Worries
Sunlands Online Education Group, the latest in a series of U.S. IPOs from Chinese private-sector education companies, slid 3.5% on Friday on its New York Stock Exchange trade debut amid a broad selloff of the…
China’s HNA calls off Swiss listing of airline caterer Gategroup at last minute
Bookbuilding in the Gategroup IPO began this month, with a price range set at 16 to … to 2 billion (francs), and not as much as 2.6 billion. There’s also a certain China discount as…
SFC identifies deficiencies by lead IPO underwriters
Hong Kong’s securities regulator has issued a fresh circular urging licensed corporations acting as initial public offering (IPO) sponsors to critically review and enhance their systems and controls. The move comes in the wake of…
Why Western fashion brands fail in China, and tips on succeeding in a country where millennial consumers are taking over
For a growing number of retailers, China presents a major opportunity for expansion as local consumers get richer and demand quality goods and services. Yet there are many high-profile cases in which Western brands have…
Why a U.S-China trade war could be a ‘net negative’ for Canada
China urges U.S. to ‘pull back’ on trade as tensions rise China … Canadian retailers could also see an uptick in business, as the trade dispute would cause the price of consumer goods to go…
The biggest loser in a trade war between China and the U.S.? It’s you (but don’t worry about it)
China says it does not want a trade war … cost millions of Americans their jobs and dry up business investment if the global economy seized up. The WTO has made similar warnings. But ultimately…
iQIYI: A Mostly Overlooked Chinese IPO
The proposed offering price is attractive and the focus on Chinese tariffs could hold back the IPO excitement. As the market focuses on streaming video and music services in the U.S., a fast growing opportunity…
China says it may hike tariffs on U.S. pork, other goods
China has announced a list of U.S. goods including pork and aluminum pipe it says may be hit by higher tariffs in response to President Donald Trump’s higher import duties on steel and aluminum. The…
Dow tumbles more than 700 points after Trump’s China tariff push
China blamed U.S. export restrictions for its record trade … Those jitters, plus weaker than expected German business confidence data, caused European shares to fall 1.6 per cent. U.S. Federal Reserve nudges up interest rates…