From the first issue in 1974 and well into the 2010s, the China Business Review was an indispensable resource for businesses, researchers, and policymakers who needed a first-hand account of the challenges and the tremendous opportunities posed by the China market.
Power Assets Holdings Ltd., an electric utility company controlled by the world’s eighth-richest man Li Ka-shing, raised $3.1 billion for its HK Electric Investments single-investment trust during the unit’s initial public offering (IPO) on Tuesday. Power Assets said in a statement that the final offer price for its 4.43 billion units was $0.70 each. China’s […]
Lenovo, the world’s largest PC manufacturer, has resumed talks with IBM for its low-end server business, according to Bloomberg. The talks between the two companies broke down last year when Lenovo offered $2.5 billion while IBM was hoping for an offer closer to $4 billion. The deal, if successful, would propel Lenovo into the roughly […]
BAIC Motor, a subsidiary of the state-owned Beijing Auto Group and the Chinese partner of Daimler AG and Hyundai Motors Co., is planning for a $2 billion initial public offering in Hong Kong, according to the Wall Street Journal. Reuters reports that the IPO listing could come as early as the second quarter of 2014. […]
By Stephanie Henry Companies investing in any market must deal with administrative licensing — or getting official government approval for everything from selling products to building new manufacturing facilities. But in China, the extensive, complex, and at times onerous licensing system at all levels of government can result in significant delays, added costs, and lost […]
Organizer: Global ConsignIndex Location: Shanghai, China Date: January 15-17, 2014 Web: http://consignindex.com/b2bmarketer_cc2014/be_EventOutline.html Contact: Kiara Cheung Email: [email protected]
Organizer: Asia Society and the US APEC Business Coalition Location: Asia Society, 725 Park Avenue, New York, NY Date: January 14, 2014 Every year, Asia Society and the U.S. APEC Business Coalition organize a briefing to review issues discussed at the APEC CEO Summit, assess priorities for the coming year, and explore what these trends mean for the […]
Sources close to Shuanghui International, the Chinese meat producer that acquired US-based Smithfield Foods for $4.7 billion in September, say that the company will file an official listing application with the Hong Kong stock exchange as early as next week. According to the South China Morning Post, Smithfield will serve as a core asset in […]
By Catherine Matacic With the Chinese Communist Party’s third plenum and the leadership transition behind it, 2014 is already turning into a busy year for China’s economic reformers. November’s third plenum and the opening of Shanghai’s free-trade zone injected some optimism into the debate on progress toward economic reform. Policies as diverse as liberalizing interest […]
Greenland Holdings Group Co., a Shanghai-based state-owned enterprise, announced on January 7 that it signed an agreement to invest $2 billion in two properties in London. Plans for one property in Wadsworth include the construction of a 36-story tower with 166 apartments, shops, bars, and restaurants. Plans for the other project, located at Canary Wharf […]
By Li Hong China’s rapidly rising middle class is too important for any multinational company to ignore. In 2012, nearly a quarter of the population—or 300 million people—had “significant discretionary spending power,” according to the consulting firm Dragonomics. And to tap into the total financial assets of China’s middle class—roughly ¥1.3 million ($213,900) per capita, […]
