Susan Decker, Bloomberg Published 4:47 am PDT, Thursday, April 18, 2019 Signage for China Mobile Ltd. is displayed outside a store in Shanghai on March 21, 2017. Signage for China Mobile Ltd. is displayed outside a store in Shanghai on March 21, 2017. Photo: Bloomberg Photo By Qilai Shen Photo: Bloomberg Photo By Qilai Shen Image 1 of / 1 Caption Close Image 1 of 1 Signage for China Mobile Ltd. is displayed outside a store in Shanghai on March 21, 2017. Signage for China Mobile Ltd. is displayed outside a store in Shanghai on March 21, 2017. Photo: Bloomberg Photo By Qilai Shen FCC chief moves to deny China Mobile's bid to enter US 1 / 1 Back to Gallery The top U.S. communications … [Read more...] about FCC chief moves to deny China Mobile’s bid to enter US
Phoenix bone china tfs ltd
China’s 100,000 developers are bracing for a giant shakeout
Bloomberg Published 6:03 am CST, Sunday, November 4, 2018 A worker walks towards residential buildings under construction in Qingdao, China, on May 8, 2018. A worker walks towards residential buildings under construction in Qingdao, China, on May 8, 2018. Photo: Bloomberg Photo By Qilai Shen. Photo: Bloomberg Photo By Qilai Shen. Image 1 of / 1 Caption Close Image 1 of 1 A worker walks towards residential buildings under construction in Qingdao, China, on May 8, 2018. A worker walks towards residential buildings under construction in Qingdao, China, on May 8, 2018. Photo: Bloomberg Photo By Qilai Shen. China's 100,000 developers are bracing for a giant shakeout 1 / 1 Back to Gallery The marketing materials for Ruyi … [Read more...] about China’s 100,000 developers are bracing for a giant shakeout
China Renaissance, Deal Maker for Top Tech IPOs, Tumbles in Debut
0 Comments By Joanne Chiu Joanne Chiu The Wall Street Journal BiographyJoanne Chiu @joannechiuhk [email protected] Sept. 27, 2018 7:33 a.m. ET An underwriter of high-profile Chinese technology offerings such as Pinduoduo Inc. and China Literature Ltd. saw its own stock plunge on its first day of trading in Hong Kong. Shares in China Renaissance Holdings Ltd., an adviser to various mainland startups, closed 22.3% lower at 24.70 Hong Kong dollars on Thursday. The offering price of HK$31.80 was already at the low end of an indicative price range, giving the company an initial market valuation of about US$2.5 billion. The drop makes the listing one of the worst first-day performers among Hong Kong’s major initial public offerings this year, according to Dealogic. The data provider says among deals that raised US$100 million or more, only real-estate management firm A-Living Services Co. fared worse, with a 23% first-day decline in February. Related Coverage … [Read more...] about China Renaissance, Deal Maker for Top Tech IPOs, Tumbles in Debut
China cuts red tape, increases potential for breakthrough medicines
It’s been less than a year since Beijing cut back red tape on drug approvals and already Chinese patients can expect to get some breakthrough medicines before Americans. Britain’s AstraZeneca Plc will bring its newest anemia treatment to pharmacies in Shanghai and Beijing about a year before it’s available in U.S. cities. It’s a similar story for the bowel cancer remedy that Indianapolis-based pharmaceutical giant Eli Lilly and Co. is making with a Chinese partner. “Twenty years from now, China’s going to have a market that’s comparable, or possibly bigger, than the U.S.,” said Daniel Mahony, a health-care fund manager with Polar Capital LLP in London. “Getting first approval in China might sound unusual today, but may not be five years from now.” After decades of being starved of innovative treatments for serious conditions like cancer, diabetes and kidney disease, China’s 1.4 billion people are becoming global … [Read more...] about China cuts red tape, increases potential for breakthrough medicines
China’s Xi faces hurdles bashing American brands
Bloomberg As a trade war looms, one of Chinese President Xi Jinping’s biggest weapons could be boycotts of American brands by his country’s legion of consumers. But Xi would also be risking collateral damage at home: The China operations of all-American brands ranging from Coca-Cola and McDonald’s to Walt Disney Co. are co-owned by state-backed Chinese firms. “The perfect Stars-and-Stripes corporate victim doesn’t exist,” said Tom Orlik, chief economist in Beijing with Bloomberg Economics. “The number of big clean wins in terms of striking against the other guy — without accidentally punching your own guy in the face — is extremely small.” One of Coke’s main China partners is government-backed COFCO Corp.; Shanghai Disneyland is part owned by a local consortium; and McDonald’s franchisee in the country is controlled by state-backed conglomerate Citic Ltd. and private-equity firm Citic Capital Holdings. Even when … [Read more...] about China’s Xi faces hurdles bashing American brands