ByteDance, the Chinese tech giant behind TikTok, is reportedly planning a 2022 Hong Kong initial public offering (IPO) just months after shelving a potential offshore listing in fear of punishment from Chinese regulators. The...
China’s market regulator has announced new rules to identify and stop monopolistic practices in the internet industry, in the latest move by Chinese officials to rein in the country’s burgeoning tech sector. In a...
Chinese financial services giant Ant Co. is set to go public next Thursday with record-breaking IPOs in Hong Kong and Shanghai. A financial technology business spun out from Alibaba, it is expected to raise at least $30 billion...
Hong Kong-listed toymaking company Smart Union was forced to close its massive factory in Dongguan, Guangdong province down last week, laying off 7,000 workers in the process. The BBC reports: A Chinese toymaker which supplied...
From Bloomberg: China Cosco Holdings Co., the world’s largest operator of iron-ore and coal ships, may join Hong Kong’s Hang Seng Index and sports-shoe maker Yue Yuen Industrial Ltd. may be removed as part of a...
The Wall Street Journal reports: Taiwan is relaxing restrictions on investments in Hong Kong and China, in the government’s latest effort to forge closer economic ties with its political rival. Taiwan will open the...
From The Economist: By normal standards, investors in Chinese shares ought to be ecstatic. Over the past 12 months prices on the Hong Kong , Shanghai and Shenzhen stock exchanges have leapt by 45%, 83% and 132% respectively. This remarkable performance has been propelled by a convoy of new offerings — some genuine stockmarket debuts, […]
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