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Goldman-backed Chinese online pet store plans IPO

Bloomberg Boqii Co, a Chinese online pet shop backed by Goldman Sachs Group Inc, is planning an initial public offering that could raise at least $100 million, according to people with knowledge of the matter. The sale could happen this year, the people said, asking not to be identified. The Shanghai-based e-commerce startup is considering selling shares in Hong Kong ...

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Tencent plans Asia’s biggest dollar bond in 2019

Bloomberg Tencent Holdings Ltd is planning to raise around $5 billion through a dollar bond sale on Wednesday, according to people familiar with the matter. China’s social media leader received an issuance quota of $6 billion from China’s National Development and Reform Commission, people who aren’t authorised to speak publicly and asked not to be identified said. Once priced this ...

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Made-in-China reactor gains favour at home, US tech falters

Bloomberg China’s homegrown nuclear technology is gaining favour in the battle for the nation’s next generation of reactors, according to a state-owned developer, as it seeks to move on after delays and cost blowouts from imported designs. China’s reactor, known as the Hualong One, will be faster and easier to repair and maintain than competing foreign designs because it will ...

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