Australia’s Treasury Wine Estates is set to start selling French wine to China as it seeks to gain a wider share of the world’s fastest growing wine market. Treasury Wine already sells some of its…
Tagged By ipo
China’s Best Logistics Files for U.S. IPO
A Chinese logistics company backed by technology giants Alibaba Group Holding Ltd. and Foxconn Technology Group filed for an initial public offering in the U.S., according to securities filings. Best Logistics Technologies Ltd., based in…
Johnson Controls CEO expects double digit growth in China business in spite of slowdown worries
Johnson Controls International expects double digit growth rates for its China operations within the next one to three years despite concerns over a slowdown in the world’s second-largest economy. Alex Molinaroli, chairman and CEO of…
Canada and China sign no-hacking agreement to protect trade secrets
Canada and China have agreed not to engage in state-sponsored hacking of each other’s trade secrets and business information. The two countries reached the agreement during a meeting last week that was part of their…
China tries Crown Resorts employees on gambling charges
SHANGHAI (AP) — Australian and Chinese casino employees stood trial Monday on charges relating to gambling, which is illegal in mainland China, in a case that highlights the sensitivity of doing certain businesses in China.…
China, Canada vow not to conduct cyber attacks on private sector
China and Canada have signed an agreement vowing not to conduct state-sponsored cyber attacks against each other aimed at stealing trade secrets or other confidential business information. The agreement was reached during talks between Canada’s…
China dangles staggering $15bn before Bawumia’s eyes
Returning from his 4-day visit to China, Vice-President Dr. Mahamudu Bawumia said at a Sunday press briefing at the Jubilee lounge of the Kotoka International Airport, Ghana needs to ‘leverage its natural resources.’ Dr. Bawumia…
China’s craving for crayfish creates US$2 billion business
China’s prodigious appetite for crayfish has created a multibillion dollar business in China, large enough to provide a living for five million people. Originally imported by Japanese traders to China’s Nanjing as feed for bullfrogs…
China ready to support Ghana’s economic transformation – Chinese VP
China is prepared to partner Ghana to undertake a massive transformation of the country, Chinese Vice President, Li Yuanchao, has announced. He said China stood ready to pass on knowledge, expertise and assistance to Ghana…
China approves 6 IPO applications
BEIJING, June 24 (Xinhua) — The China Securities Regulatory Commission (CSRC) has approved six IPO applications. They will raise no more than 3.2 billion yuan (470 million U.S. dollars), CSRC said Friday in a statement.…
Billionaires in China lose their fortunes in IPO frenzy
BEIJING • It took just three weeks for Mr Ding Lieming to … their billionaire status amid swings in the country’s initial public offerings (IPOs). The IPO booms and busts, fuelled by a mix of…
China’s domestic car brands start to shine as SUVs set to drive growth
After weighing his options, Guangdong resident Zhihao Huang, 28, decided to go for the GAC Trumpchi instead of a Honda Accord in February. For slightly over 210,000 yuan (US$30,730), he thought GAC’s flagship sport utility…
Billionaire fortunes suddenly vanish in China IPO frenzy
An investor reacts as he looks at screens showing stock market movements at a securities company in Beijing. The IPO booms and busts, fuelled by a mix of government intervention and unbridled speculation, are becoming…
ADVERTISEMENT
