BEIJING, Oct. 28 (Xinhua) — China’s securities regulator has approved IPO applications from nine companies, which will raise no more than 9.5 billion yuan (around 1.43 billion U.S. dollars) in the A-share market. Five companies…
Tagged By ipo
Chinese search engine Sogou sets terms for $540 million IPO
Sogou, China’s second largest mobile search engine spun-out from Sohu.com, announced terms for its IPO on Friday. The Beijing, China-based company plans to raise $540 million by offering 45 million shares at a price range…
Ahead of Trump trip, China urges U.S. not to allow Taiwan president in
BEIJING/TAIPEI (Reuters) – China urged the United States on Friday not to permit Taiwan’s president to travel through U.S. territory en route to the island’s diplomatic allies in the Pacific, a sensitive visit shortly ahead…
Exclusive: Energy, not tech or finance, in CEO line-up for Trump’s China visit
BEIJING (Reuters) – U.S. energy and commodities firms will make up a major part of a business delegation visiting Beijing at the same time as U.S. President Donald Trump goes to China in November, according…
China is churning out a new billionaire every 5 days
China had the highest number of new billionaires … John Matthews, the report’s coauthor, told Business Insider that Asian countries are better at deploying and integrating new technology, which for the most part is first…
Pigging out: Internet mocks McDonald’s new China name
A McDonald’s China spokeswoman said in a statement Thursday that the company’s new name is purely a formality. “The company’s name is only for registration purposes,” the statement said. “It will have no effect on…
4 Things Every Brand Needs to Know to Tap Into China’s Booming Retail Economy
Bolstered by a burgeoning middle class with a growing appetite for high-end merchandise, China is quickly shedding its reputation as solely an export hub. While local e-commerce giants such as Alibaba, JD.com and VIP.com have…
Sinochem “taps banks” for possible oil asset IPO
An initial public offering (IPO) of the assets could take place in the second half … The firm’s upstream business has struggled in recent years. As such, the Beijing-based firm has begun to move away…
‘Golden Arches’: McDonald’s gets new China name following unit sale
SHANGHAI (Reuters) – U.S. fast food giant McDonald’s Corp (MCD.N) is getting a name change in China – at least on paper. The firm will change its registered business name to “Golden Arches (China) Co…
Xi has prepared China for a future that is both clear and dark
China’s President Xi Jinping has more power than any leader in decades, and no plans to cede it. It is a power he will have to use to face one of the biggest financial challenges…
China’s Entrepreneurs Squirm Under Xi Jinping’s Tightening Grip
BEIJING — Guo Junwen was a successful property developer in southwestern China when the authorities threw him behind bars three years ago on charges involving land use and seized his business. Now free, Mr. Guo…
China enshrines ‘Xi Jinping Thought’, key Xi ally to step down
“This is about further erasing any distinction between Xi Jinping and the party,” said Jude Blanchette, who studies the party at The Conference Board’s China Center for Economics and Business in Beijing, referring to Xi’s…
China’s Entrepreneurs Squirm Under Xi’s Tightening Grip
BEIJING — Guo Junwen was a successful property developer in southwestern China when the authorities threw him behind bars three years ago on charges involving land use and seized his business. Now free, Mr. Guo…
