Tags: China

Chinese social networking service Momo files for IPO

China's Momo Inc, a mobile-based social networking platform, filed with U.S. regulators on Friday to raise up to $300 million in an initial public offering of its American Depositary Shares (ADS).


Alibaba's results affirm growth, but margins slide

Alibaba Group Holding Ltd's e-commerce and mobile businesses surged in the September quarter, far outpacing its rivals' and glossing over weakening margins and decelerating earnings growth.

China pledges mergers, private investment in shipping industry reform

China has issued further guidance to support and modernize its shipping industry, saying it would encourage mergers and private investment as well as develop its cruise industry.

Factory growth ebbs in Europe & Asia, making case for more stimulus

Factories across Asia and the euro zone reported a general loss of momentum last month that speaks volumes about the need for more policy stimulus on top of Japan's latest efforts to ignite growth.


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Samsung Electronics Co Ltd unveiled two mid-tier handsets with a premium design as it prepared to deliver a riposte to its low-priced Chinese rivals and reclaim its title as the top brand in the world's biggest smartphone market.
Corporate networking site LinkedIn Corp (LNKD.N) reported better-than-expected quarterly profit and revenue as more businesses used its services to hire staff.
China's Xiaomi Inc has become the world's third-largest smartphone vendor just three years after first hitting the market, trailing only Samsung Electronics Co Ltd and Apple Inc, according to a new industry study.
Alibaba Group Holdings Ltd (BABA.N) executive chairman Jack Ma said he's open to working with Apple Inc (AAPL.O) on mobile payments, as China's richest person prepares to call on Hollywood this week in search of media partners.
China's top trainmakers, China CNR (601299.SS)(6199.HK) and CSR Corp (601766.SS)(1766.HK), are planning to merge as the country aims to promote its high-speed train technology abroad, the China Securities Journal reported on Tuesday.
China has banned private clubs in historical buildings, parks and other public facilities because they are hindering the fight against corruption, state media said on Monday, as the government broadens its anti-graft and frugality campaigns.
Hewlett-Packard Co (HPQ.N) has begun sounding out private-equity firms in China to buy its corporate-networking business in the country, the Wall Street Journal reported, citing people familiar with the situation.
Growth in China's auto market, the world's biggest, will halve to 7 percent this year weighed down by a slowing economy, the head of an industry body said on Saturday.
Amazon.com Inc's (AMZN.O) once fairy-tale ride on Wall Street has hit its most jarring bump yet. The company that for years enthralled investors with improbable growth and earned one of the technology sector's highest valuations drew widespread ire after a spectacular results letdown on Thursday.
China said on Friday it would donate 500 million yuan ($82 million) to Liberia, Sierra Leone and Guinea to battle Ebola, its largest round of aid to help contain the spread of the deadly virus.
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