Wanda, with its substantial debts and extensive financial ties to the families of China’s Communist Party elite, is the prototypical gray rhino. Wanda involvement with companies connected with Mr. Xiao goes back more than eight…
Tagged By ipo
Thought it was a thing of the past? Shocking investigation reveals the big beauty brands are STILL being tested on animals
In China, it is compulsory that any product manufactured outside the country must be tested on animals. Even those made in the country can be subject to testing. The brands do not undertake these tests…
Steady China factory inflation a boon for industrial profits, economic growth
BEIJING (Reuters) – China’s factory price inflation held steady in July in a positive sign for industrial output and profits for the third quarter, even though a government-led deleveraging drive is expected to cool earnings…
McDonald’s to double number of China restaurants
The company with the instantly recognisable golden arches logo has seen its revenues plateau in China, where competitive local brands and mobile delivery apps have siphoned consumers away from restaurants. After expanding quickly in Asia,…
Online Financial Marketplace Sino Fortune Seeks $42 Million In US IPO
Beijing-based Sino Fortune wants to raise $42 million in a U.S. IPO. Sino is a growing financial service marketplace that matches those with capital to lend with borrowers. The company is growing quickly and has…
The U.S. Wants More IPOs. A Chinese Exchange Bid Will Test How Badly.
his career highlights included working on Alibaba Group Holding Ltd.’s record U.S. IPO. The SEC’s deadline to make a decision on the Chicago Stock Exchange comes as political and economic tensions between Washington and Beijing…
How Chicago Stock Exchange deal is making life rough for new SEC chief
his career highlights included working on Alibaba Group Holding Ltd.’s record U.S. IPO. The SEC’s deadline to make a decision on the Chicago Stock Exchange comes as political and economic tensions between Washington and Beijing…
Chinese bid for Chicago exchange tests how badly U.S. wants more IPOs
his career highlights included working on Alibaba Group Holding’s record U.S. IPO. The SEC’s deadline to make a decision on the Chicago Stock Exchange comes as political and economic tensions between Washington and Beijing rise.…
China Internet Nationwide Financial Services Inc. to Commence Trading on NASDAQ Global Market
BEIJING, Aug. 8, 2017 /PRNewswire/ — China Internet Nationwide … The Company completed the initial public offering (“IPO”) of 2,023,146 of its ordinary shares at a price to the public of $10.00 per share for…
McDonald’s aims to open 2,000 more restaurants in China by 2022
McDonald’s is set to rapidly expand its business in China, planning to nearly double its restaurant count in the country by the end of 2022. The growth plan is the result of a partnership with…
China to get 2,000 more McDonald’s restaurants in next five years
The new plans come after McDonald’s sold off most of the China business to state-owned investment house Citic and global asset manager Carlyle, saying they would bring a better understanding of the local market. Under…
McDonald’s is going to nearly double its number of stores in China
Earlier in the year, the U.S fast food chain agreed to sell most of its China and Hong Kong business to CITIC and Carlyle for up to $2.1 billion. The new partnership had planned to…
McDonald’s plans to nearly double restaurants in China
The deal leaves McDonald’s, based near Chicago in Oak Brook, Illinois, with a 20 percent stake in its China business. McDonald’s said 45 percent of its China restaurants will be in smaller cities, such as…
