Jiangsu Aosaikang Pharmaceutical Co. (300361) postponed its 4.05 billion yuan ($669 million) initial public offering, which would have been the biggest on China’s market for startups, after pricing the deal 21 percent higher than the industry average. The...
LISBON, Jan. 9 (Xinhua) — As Portugal pushes to exceed its revenue goal under a 78-billion euro bailout program, the government approved a proposal by the Chinese Fosun International Limited on Thursday to buy 80 percent of the social capital of state-owned...
BEIJING, Jan. 6 (Xinhua) — China will set up three to five fully private banks on a trial basis this year in a bid to further open up the banking sector to domestic and foreign capital, China’s banking regulator said Monday. Private capital will be...
LONDON, Jan. 8 (Xinhua) — Bank of China London Branch issued 2.5 billion RMB-denominated bonds on Wednesday. This issuance marked the first RMB bond issued in the London market by the British branch of a Chinese bank, which will be listed on the London Stock...
SEOUL, Jan. 2 (Xinhua) — South Korea and China will hold a new round of talks for a bilateral free trade agreement (FTA) next week, the South Korean government said Thursday. The ninth round of the negotiations will be held in Xi’an, capital of northwest...
