Beijing Xinwei didn’t respond to phone calls and an emailed request for comment. Some of China’s IPO tycoons have managed to stay above the billion-dollar mark even as their companies’ share prices retreated from post-listing…
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As China trial looms, offshore offices of James Packer’s Crown are hard to find
The apparent retreat underscores the scale of the fallout from the detentions, which fuelled concern that China was clamping down on overseas casino operators that drum up business on the mainland. Any scaling back of…
China shares get long-sought MSCI index listing
US stock index provider MSCI has agreed to include China’s mainland domestic shares in its emerging markets index for the first time. The move is a step forward for Beijing as it attempts to open…
Billionaires’ Fortunes Are Being Wiped Out in China’s IPO Frenzy
It took just three weeks for Ding Lieming to quintuple his net worth and become a freshly-minted billionaire. Six months later, almost half his fortune was gone. A tale of bold bets gone bad? Nope,…
China’s regulator rejecting IPOs at fastest pace in four years
China’s securities regulator is rejecting initial public offering applications at the fastest pace in four years, suggesting it is getting tougher on the rules introduced to improve the quality of listed companies while speeding up…
Guangzhou Rural Bank makes subdued HK debut after $1 billion IPO
Banks, brokerages and other financial services firms typically account for the bulk of new listings in the city, but have only comprised 23 percent of IPOs so far in 2017, weighed down by concerns over…
Three Golden Rules of Brand-Building in China
Two conflicting factors motivate Chinese consumers: They want to project their status, but they also want to protect their economic and social interests. This conflict is clear in the rhythms of daily life in China.…
China business confidence index rises in Q2 – c.bank survey
BEIJING, June 20 (Reuters) – Business confidence among entrepreneurs in China improved in the second quarter of 2017 from the first quarter, according to a survey by the People’s Bank of China published on Tuesday.…
Dead ends on the new Silk Route: Why business with China is risky business
On paper, China’s ambitious initiative to create a network through South Asia, the Middle East, Africa and Europe by building land and sea links appears an ideal vision to boost global trade and create infrastructure…
China, Panama diplomatic drive puts business first
PANAMA CITY China and Panama sped up efforts in recent weeks to establish diplomatic ties, urged on by business leaders in both nations who for years advocated cutting the relationship with Taiwan in favour of…
Angry Birds maker Rovio says IPO possible in future
However, Rovio and its owners have not made any decisions regarding a possible IPO,” the company said … (Reporting by Jussi Rosendahl, additional reporting by Cate Cadell in Beijing; Editing by Susan Fenton) ( read…
China-based Hytera returns with matching bid for Vancouver’s Norsat International
Norsat International Inc., the Vancouver tech firm at the centre of duelling acquisition bids, says China-based Hytera Communications has matched a $67.3 million US rival takeover offer from an American fund manager. Hytera, which manufactures…
China approves nine Donald Trump trademarks it previously rejected sparking allegations of ‘special treatment’ for his family business
The Chinese government has granted preliminary approval for nine Donald Trump trademarks it had previously rejected, the Associated Press found. Trump’s decision to retain ownership of his global branding empire has sparked criticism over perceived…