$8.1B IPO readied by Postal Savings Bank of China
In what could be the world’s biggest initial public offering this year, Postal Savings Bank of China is getting ready to sell up to $8.1 billion worth of shares in Hong Kong, according to terms […]
In what could be the world’s biggest initial public offering this year, Postal Savings Bank of China is getting ready to sell up to $8.1 billion worth of shares in Hong Kong, according to terms […]
China’s consumer price inflation slowed to its weakest pace in almost a year in August, although an encouraging moderation in producer price deflation added to growing evidence of a steadying economy. The CPI climbed 1.3% […]
Automobile deliveries in China increased 26% Y/Y to 1.8M units in August, according to the China Passenger Car Association. The rate of sales growth matched the pace from July. SUV and crossover sales rose 44% […]
Chinese imports increased 1.5% in August, reversing a 12.5% drop in July, according to the General Administration of Customs. The gain is the first in almost two years, possibly signaling a strengthening economy. South China […]
China’s four largest national banks have laid off more than 22,000 staffers after a year of flat or declining profits, according to the South China Morning Post. The cuts come amid a slowing economy and […]
China is changing how it calculates the amount of investment foreign institutions can make to encourage wider participation in the domestic A-shares market. The State Administration of Foreign Exchange said it will base quotas on […]
China gave Hong Kong a stern warning after several candidates favoring independence won legislative seats in the city’s first major election since 2014’s pro-democracy demonstrations. The vote drew a record turnout that reflected sharp differences […]
Uber and Didi were caught up in a major price war in China, something that was hurting both companies as they fought for control of a major territory. However, Didi gave $1 billion to Uber […]
China’s State Council said it plans to increase support for venture capital investment in an effort to accelerate the growth of startups. The measures will include tax cuts for venture capital investors, approval for state-run […]
Bonds worth 500 million special drawing rights issued in China by the International Bank for Reconstruction and Development are the first of their kind issued in more than three decades. The bonds provide a new […]
© Copyright 2016-2019 Tristan Van Iersel - All Rights Reserved.