Nestle SA is considering selling a bottled water business in China as the world’s largest food company sheds underperforming brands. ( read original story …)
Tagged By ipo
China’s Didi Chuxing says it currently has no plans for IPO
BEIJING (Reuters) – China’s dominant ride-hailing firm Didi Chuxing said on Wednesday that an initial public offering (IPO) was not its top priority, and the company did not have any related … ( read original…
Dash Brands Ltd. Announces Investment by Domino’s Pizza
Dash Brands Ltd., which through its subsidiaries is the master franchisee of Domino’s Pizza® in China (“Dash Brands” or the … ( read original story …)
Blockchain Bites: China’s BSN Integrations and Satoshi’s Newfound Wealth
Evidence of President Xi Jinping’s commitment to “seize” the blockchain opportunity, the BSN reveals lingering contradictions in China’s approach to open source crypto projects. “The Chinese … ( read original story …)
China Market Update – Is Didi Chuxing, China’s Uber Slayer, Joining The Hong Kong IPO Hit Parade?
Ant Group’s IPO news came out after the close in Hong Kong on Monday … I met with Didi in November of last year at their office in Beijing’s tech hub. I left very impressed…
China’s Blockchain Infrastructure to Extend Global Reach With Six Public Chains
The Takeaway: China’s state-backed Blockchain-based Service Network (BSN) has integrated with six public chains including Tezos, NEO, Nervos, EOS, IRISnet and Ethereum. Devel … ( read original story …)
Nestlé could shed some of its local brands in China
Hong Kong (CNN Business)Nestlé might soon dump some of its local food and water brands in China. The world’s largest food company confirmed to CNN Business on Tuesday that it is exploring options … (…
Hangzhou puts company seals on Ant Group blockchain
Blockchain-based company seals, currently being piloted in Hangzhou, promise to make Chinese corporate management easier and more trustworthy. ( read original story …)
China Tech, Small-Business Gauges Show Economy Improving in July
Sentiment in China’s tech sector and among smaller firms improved this month, suggesting that the recovery in the second-quarter continued in July. ( read original story …)
Company shuns Wall Street IPO amid US-China tensions
One of China’s biggest tech firms Ant Group announced that it has chosen Hong Kong and Shanghai for its blockbuster IPO, shunning Wall Street where Chinese companies are facing heightened scrutiny … ( read original…
China Adds a New City to Their Fintech Pilot Initiative
China’s central bank adds a new city to its fintech innovation supervision pilot. The People’s Bank of China has officially added Chengdu, the capital of China’s Sichuan province, to the list of … ( read…
Post-Pandemic, American Businesses Want To Leave China; Europeans Don’t
So while the country of origin may no longer be China, the business is owned by the Chinese. It is unclear by the report just how much of Vietnam’s new manufacturing is from China foreign…
Bitcoin And Other ‘Crypto-Assets” Excluded From Central Bank Experiments
Participants are consulting giant Accenture ACN, settlement giant Euroclear, the HSBC bank, French firm, Iznes, etheruem platform LiquidShare, little-known startup, ProsperUS, crypto bank Seba … For … ( read original story …)