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In a sign of the pickup in offshore equity sale momentum, two tech companies raised $500 million in total this week alone, and bankers and lawyers said a growing list of firms is preparing to ...
Goldman Sachs analysts upgraded their growth forecast on China from 4.7% to 4.9% for this year, close to officials' target of around 5% growth.
China's tech companies are finally seeing the light of day in the stock markets after several challenging years. On Friday, Hong Kong's Hang Seng Tech Index closed 5.6% higher. The index is up 24% ...
[10]: 6 China's SOEs are among the largest global firms by revenue, and of the 135 Chinese companies on the Fortune Global 500 list (2023), 85 are state-owned. [ 10 ] : 6–7 SOEs are important to domestic equity markets, accounting for about 40% of total market capitalization and 50% of company revenues on the Shanghai Stock Exchange and ...
Go Out policy (Chinese: 走出去战略; pinyin: Zǒuchūqù Zhànlüè) or the Going Global Strategy [1]: 6 is the People's Republic of China's current strategy to encourage its enterprises to invest overseas. The policy was announced as a national strategy by Jiang Zemin in March 2000.
As China experienced a period of stock market turbulence in the summer of 2015 worsened by "economic weakness, financial panic, and the policy response to these problems", Anatole Kaletsky disagreed with those who claimed that China was the "global economy’s weakest link". [7]
Take Lenovo: technically a Hong Kong-incorporated company, the PC manufacturer has evolved over the past two decades into a global multinational, with just 25% of its business in China today.
It was created to support a report conducted by the Economist Intelligence Unit's Access China Service, "CHAMPS: China’s fastest-growing cities". These cities are favoured for several reasons, including the breadth of business opportunities available, the ongoing construction boom, rising home and vehicle ownership and spending on personal ...