For many years, China’s emerging companies, especially those in the internet sector, have relied on foreign capital. Alibaba and Tencent were nurtured by overseas venture capital, and were eventually listed abroad. These two companies have today become world-class giants. The market value of Alibaba was $495 billion as of late May, while Tencent’s valuation was $605 billion. This puts them among the world’s top 10 most valuable companies. The success of China’s leading tech companies is an understandable source of pride to many in China. But for China’s policymakers, a question presents itself: why do so many outstanding Chinese companies end up going public overseas?
With its huge scale and steps toward global dominance, can anyone rival Alibaba’s might in China’s e-commerce sector?
Our little year-end quiz will tell you if you are up-to-date on Chinese business news ranging from Alibaba’s mega IPO to China’s economic growth.
The Alibaba IPO, which debuted on the NYSE recently, has broken all sorts of records. What are its prospects going forward?
A look at other significant Chinese technology companies that went public before Alibaba.
Alibaba IPO: A look at China’s Alibaba vs Amazon and eBay, the two leading e-commerce companies in the US.
This week, new worries about China’s economy came to the fore even as Beijing reemphasized its intent to continue with reforms; the Alibaba IPO roadshow raised huge interest in the US; and Apple’s iPhone 6 won’t be coming to China any time soon. The Slowdown Last week, a dip in China’s manufacturing Purchasing Managers Index […]
This week, we contemplate whether China’s economy needs another stimulus given that the state of various economic indicators. In other news, the Shanghai Free Trade Zone plans to become an international trading hub for various commodities and Alibaba’s profits stunned company watchers. Does the economy need more stimulus? Since China barely missed its GDP growth target in the […]
The Fall 2014 issue of CKGSB Knowledge is out! It has articles and interviews like: COVER STORY: Around the World: In a circuitous way, billions of dollars rely on an international game of legal cat and mouse. China’s top companies use variable interest entities, but now the Alibaba IPO is shining a light on this legal grey area. CHINA BY NUMBERS: From […]