Chinese IPO freeze widens to dozens more offerings — Nikkei Asia
China First Capital
by admin
2y ago
– NARAYANAN SOMASUNDARAM, Nikkei Asia chief banking and financial correspondent August 23, 2021 Chinese regulators have frozen more than 40 other IPOs in addition to that of BYD Semiconductor amid a widening investigation into service providers involved with the share sales. The probe by the China Securities Regulatory Commission focuses on Beijing Tian Yuan Law Firm, broker China Dragon Securities, CAREA Assets Appraisal and Zhongxingcai Guanghua Certified Public Accountants, according to Shanghai Securities News. The newspaper reported on Monday that 42 initial public offerings on the Shangh ..read more
Visit website
逾越节
China First Capital
by admin
3y ago
可能您已经注意到了,今天是我们犹太人一年中最重要的节日—逾越节的第一天。身为在中国居住的3000名老外犹太人中的一员,我邀请您与我们一起分享节日的快乐并向您致以节日的祝福。就像犹太人有很多与中国人相似的习俗和传统观念一样,逾越节也有许多与春节相似的地方:这是是一个长达八天的家庭团圆相聚的节日;吃很多好吃的,基本每天每顿都暴饮暴食,也是该节日的主要庆祝方式之一:)而且像饺子一样,我们也有特殊的节日食品,比如我们在逾越节期间不可以吃任何发酵的食品,因而我们此间的主食主要是一种无酵饼,有点像山东的煎饼,但是我个人认为山东的煎饼要好吃的多。 犹太人和中国人有如此多的相似点,就像两个双胞胎民族。我们都属于屈指可数的世界上最古老的民族。我们的祖先都留下了丰富的书面纪录,使得几千年前的历史、文化、风俗和习惯在今天仍可以被人广泛地阅读和了解,并持续影响着今人的生活。犹太人和中国人差不多是如今移民最广的民族,我们走遍世界各地,并都在落脚的地方创立了骄人的事业。这样的成功大概来自于我们两个民族共同的美德—努力工作并且有无与伦比的创业激情。 逾越节是为了纪念发生在3300 ..read more
Visit website
Alibaba, Ant Face Crackdowns From Chinese Regulators — Wall Street Journal
China First Capital
by admin
3y ago
By Liza Lin, Lingling Wei and Chong Koh Ping, Dec. 24, 2020 6:42 am ET China is coming down hard on one of its biggest and most powerful business empires. On Thursday, Chinese regulators said they were taking action against billionaire Jack Ma’s two crown jewels, e-commerce giant Alibaba Group Holding Ltd. and finance behemoth Ant Group, moves that followed the abrupt shutdown last month of Ant’s planned blockbuster public listing. In a terse statement Thursday, Beijing’s top market regulator, the State Administration for Market Regulation, said it had launched an an ..read more
Visit website
China Has Reasons to Like TikTok’s Trump-Approved Shotgun Deal — Wall Street Journal
China First Capital
by admin
3y ago
A White House-approved plan to transform TikTok into a U.S.-based company would keep the operation of the viral short-video app, and likely the algorithm that has powered its rise, in Chinese hands. This structure improves the deal’s chances of finding favor in Beijing, which had threatened to veto a sale. President Trump said Saturday he had given his blessing to a deal that would see TikTok partner with Oracle Corp.  and Walmart Inc. to form a new entity called TikTok Global that would provide services to TikTok’s current users in the U.S. and m ..read more
Visit website
TikTok Considers Changes to Distance App From Chinese Roots — Wall Street Journal
China First Capital
by admin
3y ago
– – ByteDance Ltd. is considering changing the corporate structure of its popular short-video app TikTok, as it comes under increasing scrutiny in its biggest markets over its Chinese ties. Senior executives are discussing options such as creating a new management board for TikTok or establishing a headquarters for the app outside of China to distance the app’s operations from China, said a person familiar with the company’s thinking. TikTok, which has shot to global fame over the last two years thanks to its catchy dancing and lip-syncing videos, is owned by Beijing-based ByteDanc ..read more
Visit website
Fever-Detecting Goggles and Disinfectant Drones: Countries Turn to Tech to Fight Coronavirus — Wall Street Journal
China First Capital
by admin
3y ago
– – – Drones spray disinfectant over South Korea. Police wear thermal imaging goggles to detect fevers in China. And a chatbot fields coronavirus questions in Australia. The tech industry has long touted how ubiquitous connectivity, flashy gadgets and big data can improve people’s lives. The novel coronavirus epidemic is putting that bold promise to the test. Health officials across Asia-Pacific, home to the first waves of virus contagion, have sought to repurpose existing technology to combat the fast-spreading virus. They are using smartphone-location tracking to piece together movem ..read more
Visit website
My Salute to China and Shenzhen During the Coronavirus Epidemic
China First Capital
by admin
3y ago
– 过去四个多星期以来我在热爱的深圳家乡跟中国人民一起度过这个特殊时期。 在疫情当中我特别钦佩中国人民的勇气和同舟共济,以及医务人员的奉献精神, 中国老百姓凭借超乎常人的自律、耐心和意志力,平和且又坚定地忍受着各种生活和工作上的不便,共度时艰。我对中国人民和中国政府壮士断腕般坚定地控制疫情表示衷心的感谢。中国一定会打赢这场关键战役。中国加油! – – I’ve been here in Shenzhen, my adopted hometown, continuously from the start of the Coronavirus epidemic. While this city and the country are still confronting a monumental crisis and short-term economic uncertainty, the worst seems to be behind us. I want to say how grateful and inspired I am by the bravery, collective will and purpose, endurance and resolve of the Chinese people and its government. We fight and we pr ..read more
Visit website
“The Tough Battle to Bring Western Brands to China” the Financial Times
China First Capital
by admin
3y ago
When John Zhao sealed the £900m takeover of the UK’s PizzaExpress in 2014 he burnished his reputation as a pioneer in China’s private equity industry. Two years later Hony Capital, his buyout firm, ploughed money into WeWork as the New York shared-office provider set its sights on an aggressive expansion in China. Both deals shared a simple premise: take well-known western brands to China and they will flourish. “We have capital; we have a huge market to give access to,” Mr Zhao said shortly after the capture of PizzaExpress, which set a record for a Chinese buyout deal in the UK. The acqui ..read more
Visit website
TikTok Searches for Global Headquarters Outside of China — Wall Street Journal
China First Capital
by admin
3y ago
Bytedance Inc. is considering setting up a global headquarters for its hit video-sharing app TikTok outside of China, part of continuing efforts to shake off its Chinese image, people familiar with the company said. Singapore is one city being considered, the people said. Other possible locations include London and Dublin, with no American cities on the shortlist, one person said. TikTok currently doesn’t have a headquarters, although its most-senior executive is based in Shanghai and its main office, which runs U.S. operations, is in Los Angeles. Senior executives at Beijing-based Bytedance ..read more
Visit website
China Regulatory Failure to Contain Financial Excesses Putting Off Some Foreign Investors — South China Morning Post
China First Capital
by admin
3y ago
The inability of Chinese financial regulation to contain financial excesses has put off many foreign investors who would otherwise want to put their money into the country, analysts said. The key problem is that Beijing has not yet found a way to meet the large demand by small private sector businesses, investors and entrepreneurs for credit through legal and regulatory compatible financing channels, analysts say. Until it does, it will continue to contend with a series of quasi-legal and highly speculative financing channels to meet that funding demand that will pose additional risks to the ..read more
Visit website

Follow China First Capital on FeedSpot

Continue with Google
Continue with Apple
OR