Just days after its lucrative listing on the New York Stock Exchange, China ride-hailing giant Didi Global was hit with another round of sanctions by the Cyberspace Administration of China (CAC). On July 4, the country’s Internet regulator...
In China, religion is big business.
Fund is largest cornerstone investor in China
Whereas China’s growth has drifted steadily lower, its share indices have doubled in value.
Hong Kong is one of the world’s top venues for initial public offerings, thanks to listings by Chinese companies over the years, but most of the IPOs have been a losing bet for investors, with the bulk of them lagging behind the market in recent...
As Alibaba gets ready to sell shares on Wall Street, U.S. investors will be focused on Chinese companies getting a fair shake here in America even as some big U.S. brand names (Microsoft, Chrysler, et al) are being shaken down by China's newly...
On Monday, Ma, the company’s executive chairman and co-founder, told a crowd of more than 800 potential investors gathered for the first big marketing pitch for Alibaba’s initial public offering, that he was back to ask for a little more money....
With Alibaba's IPO price set between $60 to $66, the company’s market valuation could hit as much as $200 billion, if everything goes as planned.
At Alibaba, the founder Is squarely in charge ahead of the e-commerce giant's U.S. initial public offering.
Some investments by Jack Ma and partners were made on behalf of Alibaba or funded by a loan from the company.
A former employee says Jack Ma sees himself as an artist, not a businessman.
Alibaba's eBay-like marketplace Taobao allows budding entrepreneurs to set up and run an online store, for free. The site has steven million sellers offering hundreds of millions of items.
Joe Tsai, executive vice chairman of the world's largest e-commerce company, sees an Alibaba future that stretches from banking to education, travel to entertainment.
The Twitter-like company is looking to raise around $500 million from the listing, which would give it a valuation of $8 billion.
Ping An Securities Co. has been slapped with a fine by the securities regulator and will lose its stock underwriting license for three months because of its sloppy work in underwriting the initial public offering of a company that turned out to...
It may be because we’ve yet to finish Henry Kissinger’s latest book on the subject, but we’ll admit to having found life in China a bit more inscrutable than normal these past few weeks, and all evidence suggests we’re not alone. Seen through the...
Despite losing almost a dollar for every dollar of revenue last year, Chinese Facebook clone Renren (人人网) made a spectacular launch on Wall Street last week, raising U.S.$743.4 million in a crazed initial public offering. So it’s no surprise that...
Interest in Chinese Internet companies has reached a fever pitch. Fueled by the fact that roughly fifty percent of the companies that went public on NASDAQ last year were Chinese in origin, at least seventeen more high-profile companies are...
