With more players staying home and social distancing, Chinese mobile game developers are hoping to establish sticky customers attached to franchised story lines – but bargaining power is incrementally moving towards distributors.
A stricter review process and waning investor interests are the new realities Chinese companies confront when listing in New York. Improvements in the methods of conducting due diligence and enhanced safeguards for investors are sorely required.
Looking to raise billions via an IPO? Well, you could be out of luck for some time, but smaller players with less onerous ambitions and a niche offering - such as WiMi Holdings and Tycoon Group - may buck the depressing trend.
Amid an unprecedented level of flight reductions, a plummet in demand, and desperate capital raising exercises, expect airline IPO’s to remain grounded as the COVID-19 pandemic reshapes the industry. We review how many are finding ways just to stay alive.
The Tencent-backed global payments and foreign exchange unicorn debuted its borderless card last month in Australia, but headwinds, such as the COVID-19 pandemic, is taking its toll on its existing client base.
Backed by healthy gold reserves and multilateral agencies keen to improve infrastructure, the outlook for the Central Asian republic is positive. However, the population’s tense relationship with China must be addressed if it is to make serious economic headway.