summary of the top news in Chinese business and technology for September 29, 2017. Part of the daily SupChina newsletter, a convenient package of China’s business, political, and cultural news delivered to your inbox for…
Tagged By ipo
Gary Ablett in media business, Master Builders Awards, Onterran delayed, China’s sport connection and a Village Roadshow shift
GOLD Coast Suns/Geelong Cats legend Gary Ablett, known for being one of the game’s most media shy players, is himself branching out into the media industry. The “Son of God” has teamed up with former…
Arrested, missing China activists spark criticism of Trump
The sister of Jared Kushner, a Trump adviser and husband of Ivanka, travelled to China this past month to court investment from Chinese families for a real estate project in New Jersey. “The eagerness of…
Bannon Puts Spotlight on China Threat for 2018: ‘The Single Biggest Economic and Business Issue of Our Time’
Bannon, who’s been consulting with Henry Kissinger and other foreign policy veterans, is preparing a project to sound an alarm about what he views as the primary economic threat to America: China. “If we don’t…
China just ordered all North Korean businesses in the country to close
China has long been North Korea’s main ally. KCNA via REUTERS BEIJING — China on Thursday ordered North Korean-owned businesses to close, cutting foreign revenue for the isolated North under UN sanctions imposed over its…
J.D. Power Asia Pacific’s 2017 China IQS Names GAC Motor the Highest-ranking Chinese Brand for Fifth Consecutive Year
GUANGZHOU, China, Sept. 29, 2017 /PRNewswire/ — GAC Motor, China’s fastest growing automaker, has consolidated its position of dominance in the auto industry by retaining its position as the highest ranking Chinese brand in J.D.…
China’s bitcoin market alive and well as traders defy crackdown
In the short-run, the crackdown has also created an arbitrage opportunity for investors, with the price of bitcoin in China now trading at a discount to overseas exchanges. “They can’t set rules to stop me…
China sets 2019 deadline for automakers to meet green-car sales targets
FILE PHOTO: A Roewe 950 hybrid electric car is displayed with its plug-in charger at an electric car dealership in Shanghai Thomson Reuters By Norihiko Shirouzu and Adam Jourdan BEIJING/SHANGHAI (Reuters) – China has set…
China orders North Korean companies to get out by January
China has given North Korean companies operating in China 120 days to close, including joint ventures with Chinese firms. The decision is a significant toughening of Beijing’s dealings with North Korea, which operates restaurants and…
More Chinese fintech firms to eye Hong Kong IPOs, says JP Morgan
Zhong An Online Property and Casualty Insurance, China’s first online-only insurer, closed nine per cent up from its IPO price on Thursday in its Hong Kong debut. With an oversubscription of nearly 400 times from…
China-Based RISE Education Files For $100 Million U.S. IPO
I’ll provide a final opinion when we know more details about the IPO. Beijing, China-based RISE Education Cayman was founded in 2007 to provide after-school English lessons. Management is currently headed by CEO Yiding Sun…
Beijing rules out direct aid on ChemChina’s $44bn Syngenta purchase
Beijing will not directly intervene to shore up Swiss seeds … ChemChina will also be able to tap proceeds from next week’s IPO of Italian tyre company Pirelli. The prospect of unknown liabilities from the…
ZhongAn Insurance Starts Trading on the Hong Kong Stock Exchange
We can foresee a few more to come in the near future: Chinese micro-lender Qudian has filed for its U.S. initial public offering; word has also come out that Beijing-based Quant Group will do its…
