The collapse of a highly leveraged, 3 billion yuan (US$436 million) takeover bid for a Shanghai-listed animation company this month shone a spotlight on a shadowy corner of China’s stock market that is worrying the authorities in Beijing. The bidding ... ( read original story ...)
YouCam Makeup App Becomes an Interactive Makeup Consultant in Watsons Shanghai
Perfect Corp. is excited to announce that Watsons Flagship store in Shanghai has launched Consultation Mode from its successful virtual beauty app YouCam Makeup. Customers are invited to use the makeover kiosk to try on over 30 different products from ... ( read original story ...)
China Rapid Finance Said to Target U.S. IPO as Soon as This Year
China Rapid Finance, a Shanghai-based peer-to-peer lender ... The company, which raised $20 million at a pre-money valuation of $1 billion in November, could hold the IPO as soon as this year, the people said, asking not to be identified because the ... ( read original story ...)
Exclusive: China considers faster IPO approval to lure large tech deals – sources
The $25 billion record IPO of e-commerce giant Alibaba in New York in 2014 was ... While there are almost 400 tech companies listed in Shenzhen and Shanghai, the vast majority are small firms, with an average valuation of $1.9 billion, dwarfed by the ... ( read original story ...)
China Rapid Finance Said to Target U.S. IPO as Soon as 2017
China Rapid Finance, a Shanghai-based peer-to-peer lender ... The company, which raised $20 million at a pre-money valuation of $1 billion in November, could hold the IPO as soon as this year, the people said, asking not to be identified because the ... ( read original story ...)
China selfie-app leader seeks to ‘beautify the world’
SHANGHAI: Strolling a tree-lined Shanghai street with friends ... Meitu, which means “pretty picture”, launched a Hong Kong IPO in December that valued the company at $4.6 billion at the time, despite consistently posting losses. ( read original story ...)
Saudi favors New York for Aramco IPO, also considers Toronto, London: WSJ
Saudi officials also talked to exchanges in Singapore, Hong Kong, Tokyo and Shanghai but are unlikely to pursue listing ... Saudi officials expect the IPO to value Aramco at a minimum of $2 trillion. Saudi Arabian Oil Co, known as Saudi Aramco, was not ... ( read original story ...)