China Business Blog - Aggregated China Business Blogs
Aggregated China Business Blogs

Arrest coincides with new curbs on journalists and has drawn attention to the role of whistleblowers as leadership moves to eradicate corruption

Arrest coincides with new curbs on journalists and has drawn attention to the role of whistleblowers as leadership moves to eradicate corruption

The author is ANZ (The Australia and New Zealand Banking Group) Research China’s central bank launched a system for a loan prime rate (LPR) today, according to a statement posted on PBoC website. The LPR is similar to the indicative rate of interest at which banks lend to favored customers, ie, those with good credit, […]

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Shenzhen-based Chinese sports lottery website 500.com has filed for a $150 million IPO on the New York Stock Exchange. The company has previously secured venture capital investments of several million U.S. dollars from IDG Capital, Sequoia Capital and SIG Capital in September 2007. In the first nine months of this year, 500.com’s net income doubled […]

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Guangzhou-based Chinese mobile content and service provider Sungy Mobile has filed for a $80 million IPO on the New York Stock Exchange. IDG Capital Partners currently holds 28.8% of Sungy Mobile. JAFCO Ventures, WI Harper and CBC Capital hold 9.6%, 9.7% and 14.6%, respectively. Founded in 2004, Sungy Mobile mainly provides GO platform and products. […]

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Chinese city commercial lender Bank Of Chongqing is launching a $593 million IPO at the Hong Kong Stock Exchange. The offering plans to issue 707 million shares in a price range of HK$5.60 to HK$6.50 per share. Bank of Chongqing says it will use the net proceeds to strengthen the bank's capital base to support […]

Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.