TAIPEI/SHANGHAI (Reuters) - Foxconn Industrial Internet , a subsidiary of the world's largest contract manufacturer Foxconn , announced plans to raise up to 27.1 billion yuan ($4.26 billion) in what will be mainland China's biggest IPO ... ( read original story ...)
Airlines obey Beijing’s demand to call Taiwan part of China
SHANGHAI — British Airways, Lufthansa and Air Canada are among 20 carriers that now refer to Taiwan, the self-ruled island that Beijing considers its territory, as a part of China on their global websites , in line with Beijing's demands that the White ... ( read original story ...)
Taiwan Bank Customers Ready to Embrace Artificial Intelligence and Automation in Digital Banking – Unisys Banking Insights Survey
Thirty-seven percent of Taiwanese support their bank sharing their personal data with other companies to access financial products. However, 31 percent do not support it, citing concerns about privacy and security. Taiwan recorded the highest level of ... ( read original story ...)
Foxconn Unit Plans China’s Biggest IPO Since 2015
BEIJING—A unit of Taiwan’s contract electronics manufacturer Foxconn Technology Group said it plans to raise 27.1 billion yuan, or $4.25 billion, through an initial public offering in Shanghai, potentially marking China’s biggest IPO since 2015. ( read original story ...)
Taiwan Shares Tipped To Open Under Pressure
Among the actives, China Steel fell 0.43 percent, while Taiwan Steel Union retreated 2.50 percent, Cathay Financial shed 0.55 percent, Fubon Financial collected 0.94 percent, Mega Financial lost 0.74 percent, Formosa Plastics tumbled 2.67 percent ... ( read original story ...)
Taiwan Economic Sentiment Weakens
Sentiment toward Taiwan’s economy weakened in May after the composite index of monitoring indicators fell slightly at the end of March, a poll released by Cathay Financial Holding Co. said Monday, CNA reported. Citing the results of the survey ... ( read original story ...)
Taiwan boosts domestic arms makers
Standing on his company's sprawling campus in central Taiwan, Lin Nan-juh says he's able to make any plane his island's government calls for. "We can do whatever's asked," says Lin, president of Aerospace Industrial Development Corp, or AIDC, a leader in ... ( read original story ...)
M17 Entertainment Files For U.S. IPO
Taipei City, Taiwan-based M17 Entertainment was founded in 2015 to operate ... M17 intends to raise $115 million in gross proceeds from an IPO of ADSs. Representing the ADSs will be underlying Class A shares, which will be entitled to one (1) vote per ... ( read original story ...)
Taiwan Stock Market May Rebound
Among actives, Taiwan Semiconductor Manufacturing Company suffered a dip of 1.32 percent. Hon Hai Precision went down by 0.36 percent and Innolux lost about 0.87 percent. Others losers included Cathay Financial dipping 0.91 percent. The list of gainers ... ( read original story ...)
Foxconn’s unit plans Shanghai IPO, raising capital to upgrade production, projects
HONG KONG (Reuters) - Foxconn Industrial Internet Co Ltd, an internet and industrial-focused unit of Taiwan’s Foxconn (2317.TW), filed an application on Monday for an initial public offering in Shanghai to raise capital to upgrade production and for 5G ... ( read original story ...)
Hon Hai unit FII receives Chinese approval for IPO
Taipei, May 12 (CNA) Foxconn Industrial Internet Co. Ltd. (FII), an Internet-focused subsidiary of Taiwan-based manufacturing giant Hon ... Market analysts said FII is expected to launch an IPO on the Shanghai Stock Exchange at the end of May or early ... ( read original story ...)
Live music streaming platform M17 Entertainment files for a $115 million IPO
The Taiwan-based company was founded in 2013 and booked $116 million ... The article Live music streaming platform M17 Entertainment files for a $115 million IPO originally appeared on IPO investment manager Renaissance Capital's web site ... ( read original story ...)
Paktor heads towards IPO through M17, eyes Japan and South Korea expansion
According to the an IPO statement, M17 is the second largest live streaming ... content to our users in other markets,” said the release. 17 Media, was launched in Taiwan in July 2015 and has 33.3 million registered users as of March 31, 2018. ( read original story ...)
Paktor’s parent company files for $115m US IPO. It faces a challenging future.
Overall, M17’s IPO prospectus paints a grey picture of future growth. According to market research firm Frost & Sullivan, M17 is the leading player in “developed Asia” – which includes Taiwan, Singapore, Hong Kong, Japan, and South Korea – with ... ( read original story ...)
Foxconn files for IPO on Shanghai exchange
Foxconn Industrial Internet Co, an internet and industrial-focused arm of Taiwan manufacturer Hon Hai Precision Industrial Co, filed on Monday an application for an IPO on the Shanghai Stock Exchange to fund projects related to 5G and cloud computing. ( read original story ...)
Taiwan startups gearing up to tap blockchain market potentials
He disclosed that OwlTing's most critical milestone for 2019 will be its IPO launch on Nasdaq, in addition to selling its OwlNest systems to as many as 30,000 hotel operators in Taiwan, Japan and other countries by the end of the year. Launched at the end ... ( read original story ...)