BEIJING/HONG KONG (Reuters) – Chinese smartphone and connected device maker Xiaomi [IPO-XMGP.HK] is bringing its blockbuster initial public offering to Hong Kong, where it could raise about $10 billion in the largest listing globally in…
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U.S. trade team arrives in Beijing for talks, China media cautious
BEIJING (Reuters) – A U.S. trade delegation arrived in China on Thursday for talks on tariffs, with state media saying China will stand up to U.S. bullying if need be, but it was better to…
China’s Xiaomi files for mega Hong Kong tech IPO, lifts lid on financials
BEIJING/HONG KONG (Reuters) – Smartphone and connected device maker Xiaomi [IPO-XMGP.HK] filed for a Hong Kong initial public offering on Thursday that could raise $10 billion and become the largest listing by a Chinese technology…
China is pressuring international airlines to copy its political views
According to the Sydney Morning Herald, the correspondence was sent last month and requested changes to mentions of Taiwan, as well as Hong Kong and Macau which are both Special Administrative Regions of China. Business…
China’s automotive brands – brief look at the players, and where Geely, Haval, Maxus and Borgward rank
China’s automotive industry is a growing one with a long list of brands and models that amount to the dozens. In an attempt to understand the major players in one of the world’s largest markets,…
China’s Xiaomi files for mega Hong Kong IPO, lifts lid on financials
BEIJING (Reuters) – Smartphone and connected device maker Xiaomi [IPO-XMGP.HK] filed for a Hong Kong initial public offering on Thursday, in what is expected to be the largest listing by a Chinese tech company in…
China’s Xiaomi Shows Off Scorching Growth Ahead of Mega IPO
Xiaomi Corp., going for wow-factor ahead of what could be the largest initial public offering since 2014, has revealed a blistering pace of growth that’ll help it take on Apple and Samsung in global smartphones.…
Treasury Secretary arrives in Beijing for trade talks, China media cautious
BEIJING (Reuters) – U.S. Treasury Secretary Steven Mnuchin arrived in Beijing on Thursday for key trade talks, with Chinese state media saying China will stand up to U.S. bullying if needed but that it was…
China’s Xiaomi files for IPO; FY17 revenue jumps 68 percent
BEIJING (Reuters) – Smartphone and connected device maker Xiaomi [IPO-XMGP.HK] filed for a Hong Kong initial public offering on Thursday, in what is expected to be one of the largest listings by a Chinese tech…
China prepares tech sector for battle as US trade team arrives
The first salvos in the budding US-China trade conflict struck old-school sectors like steel and agriculture, but Beijing is now bracing for moves against its strategic ambitions in hi-tech. As a US trade delegation heads…
Xiaomi’s smartphone shipments double ahead of IPO as ZTE’s slump by half
The companies are arguably the two most newsworthy smartphone brands in China today – but for very different reasons. Xiaomi is widely expected to file its application for a Hong Kong IPO this week, with…
Asia sees signs of export weakness before key U.S.-China trade talks
China, which denies allegations it coerces technology transfers … In Taiwan, another Asian hi-tech powerhouse, factory growth slowed to six-month lows. Business growth in the United States and Europe, while still strong, has slowed to…
Banks feel bite of low IPO approval rate
In the first quarter of 2018, the volume of A-share IPO applications approved by the CSRC declined dramatically, according to data compiled by China Banking News in April. From January to March, CSRC greenlighted 32…
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