China’s leading bubble tea makers including Mixue Bingcheng and Guming, each with thousands of stores, are rushing for an IPO in Hong Kong. A quick move now to collect capital might define the winners of the future, tells business analyst Ben Cavender to Reuters.Read More →
Alibaba’s plan to split its US$200 billion company into six entities with IPO potential unlocks massive opportunities for investors, says business analyst Shaun Rein to CNA. It also aligns nicely with Xi Jinping’s intention to make China’s economy, more competitive by dividing up the Alibaba giant, he adds.Read More →
Just a week after Didi’s massive IPO at the US stock market, the company faces a crackdown by China’s authorities. Business analyst Ben Cavender sees a hit to other Chinese firms, contemplating a US IPO: go to one of China’s stock markets to avoid problems, he tells at RTHK.Read More →
Zhong Shanshan, the owner of bottled water producer Nongfu became through its IPO suddenly one of the wealthiest people in China, in a time when IT in a post-COVID economy seems to be leading, says Rupert Hoogewerf, chairman of Hurun, the China Rich List to the China Daily. Consumption tycoons have become the winners in post-COVID China, he adds.Read More →
The successful IPO of Pinduoduo, the third e-commerce platform in China after Alibaba and JD.com, took many by surprise. But it does not mean Pinduoduo will be equally successful in the future, warns business analyst Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order, at the South China Morning Post. Just days later, it was accused of hosting counterfeit goods.Read More →
For many outside China the successful IPO on Nasdaq of group purchasing platform Pinduoduo, mildly comparable to the less successful Groupon, came as a surprise. Shanghai-based business analyst Ben Cavender tries to explain the success at Inkstone. It uses the popular Tencent platforms WeChat and QQ.Read More →
For a short while Alibaba´s chairman Jack Ma looked like he was heading for the position of richest person in China in 2014. But at the end of the year, Wanda chairman Wang Lianlin is contesting that position, as he brings two firms to the Hong Kong stock exchange, tells China Rich List founder Rupert Hoogewerf to WSJ wealth editor Wei Gu.Read More →
Despite its close to US$22 billion IPO at the New York Stock Exchange today, business analyst Shaun Rein does not see in Alibaba a real global company. “Its model is not scalable in other large market like the US and Indonesia”, he says at has much work to do at home, especially on mobile where it is lagging.Read More →
After Alibaba filed this week its paperwork for its upcoming IPO. Business analyst Ben Cavender looks at its great profitability, but also risk from competition in e-commerce and fear for pressure fro the big Chinese banks.Read More →
Sina´s weibo is preparing for an IPO, but business analyst Shaun Rein feels that their valuation is way too high, he tells at Bloomberg TV. Weibo is not longer the hot company it used to be, after a government crackdown and competition by WeChat.Read More →
Alibaba´s IPO is nearing, and their latest figures are great, tells business analyst Shaun Rein at Bloomberg TV, boosting even Yahoo´s results. But competition in China by Tencent is growing, making Alibaba not the only player in the country´s e-commerce.Read More →
“Jack Ma looks desperate right now,” says business analyst Shaun Rein at the BBC about the founder and chairman of the Alibaba Group. Alibaba has announced its IPO, but feels the breath of its major competitor Tencent coming from behind.Read More →