China’s ballooning debt and slowing growth will be tough to manage, writes James Kynge
Bank’s chief economist says AIIB could help meet Asian infrastructure needs but signals potential governance gaps
Hong Kong-headquartered solar park developer Sky Solar Holdings, Ltd., backed by IDG-ACCEL China Capital, has filed for an IPO on the NASDAQ to raise as much as US$172.5 million, according to a securities filing. The company is planning to sell 12.5 million American Depository Shares (ADS) at US$10 to US$12 apiece. IDG-ACCEL China Capital, a […]
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Beijing-based housekeeping services app maker Ayibang has received tens of millions U.S. dollar series B financing led by Vertex Venture Holdings Ltd., according to a post published on the company's official Weibo account. Existing investors Shunwei Capital Partners and Ceyuan Ventures also participated. The company says it will use the proceeds to expand its services […]
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Oversupply drags down house prices for fifth consecutive month
China’s first new equity derivative product since 2008
Shanghai-based car dealership China Grand Automotive Services Co., Ltd., backed by TPG Capital, has reportedly put on hold a planned Hong Kong IPO to raise around US$800 million, according to media reports. Representatives of TPG did not respond to inquiries to confirm the news. The company may not launch an IPO this year, and it […]
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Now, China's ruling Communist Party (CPC) just completed its four-day 4th Plenum. How is the market going to react? According to a research report by BofA Merrill Lynch Global Research, it should be overall positive, as the CPC emphasizes constitution more than ever, and the messages of the communique released today by the official Xinhua […]
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Beijing’s reforms have the potential to increase government expenditures and boost consumption