RIDE-HAILING service Didi Chuxing Cheap Adoree' Jackson Titans Jersey , Uber Technologies Inc’s main rival in China, is working toward an initial public offering in the United States that would likely take place in 2018, a person with knowledge of the plan said yesterday.
The Apple Inc-backed firm is valued at about US$25 billion and its stock market listing would be the most high-profile by a Chinese company in the US since Alibaba Group Holding Ltd’s two years ago.
Didi has ruled out a stock market flotation in China, said the person, who declined to be identified as the discussions about a listing were private.
There are nearly 800 companies waiting to get regulatory approval for an IPO in China, making it hard to predict when a listing might happen.
A Didi spokeswoman in Beijing said the company currently has no IPO plan.
Didi Chuxing Cheap Corey Davis Titans Jersey , which dominates the ride-sharing market in China, was formerly known as Didi Kuaidi and was formed last year from the merger of two companies backed separately by e-commerce giant Alibaba and social network firm Tencent Holdings Ltd.
Bloomberg News earlier reported that Didi was targeting a New York listing next year, but the person with knowledge of the matter said a 2017 listing would be too early.
Didi is currently seeking to raise US$3 billion in its latest funding round, which includes an investment of US$1 billion from Apple.
BISHKEK, Oct. 4 (Xinhua) -- Kyrgyz quinquennial parliamentary elections started Sunday with more than 2,000 polling stations across the country and 36 abroad open at 8:00 a.m. local time (GMT 0200).
Fourteen parties are competing for 120 seats in the parliament (Jorgorku Kenesh). The Social Democratic Party of Kyrgyzstan (SDPK) Cheap Marcus Mariota Titans Jersey , Ata-Meken (Fatherland) party, the Respublika Ata-Jurt (also Fatherland) party and Bir Bol (Unity) took the lead in the race, showed the latest opinion polls.
In order to take a seat in parliament, parties must obtain at least 7 percent of the vote nationwide, and not less than 0.7 percent of the vote in each of the seven regions of the country, as well as in Bishkek and Osh.
A new system was installed to automatically read the ballot box to ensure the transparency and fairness of the elections.
The Kyrgyz authorities also carried out a campaign for the collection of voters' biometric data. All citizens had to submit their data and fingerprints to be eligible for the vote.
The polls will close at 8:00 p.m. local time (GMT 1500).
A citizen rides along an elevated bicycle path in Xiamen Kevin Byard Jersey , southeast China's Fujian Province, Aug. 5, 2017. (XinhuanetZhang Dan)
SHANGHAI, Aug. 10 (Xinhua) -- The upcoming BRICS summit in Xiamen will help the five member countries build a stronger economic partnership and a brighter future, said BRICS New Development Bank (NDB) President K.V. Kamath.
It has been over a decade since Brazil, Russia Derrick Henry Jersey , India, China and South Africa came together to form BRICS. The NDB itself is an "outcome of the economic togetherness" of the emerging economies group, Kamath said during an exclusive interview with Xinhua on Wednesday.
At the ninth BRICS summit to be held in the Chinese city of Xiamen in early September, Kamath will present the bank's progress over the last two years as well as the direction it is heading in the coming two to three years.
Founded by BRICS member states in 2014, the NDB opened in Shanghai in July 2015 and became fully operational in early 2016.
The first NDB-funded loan, a solar power project in Shanghai Jack Conklin Jersey , is expected to start operation in August.
The bank is expected to approve five new projects with a total value of 1.5 billion U.S. dollars in September, with two of them in China, said Kamath.
Altogether, the bank has 23 projects at various stages of preparation for 2017-2018, with a total lending amount of 6 billion dollars. The bank granted loans to seven projects in 2016.
According to its general strategy for 2017-2021, the bank will put about two-thirds of its loans into sustainable infrastructure development.
"The growth of emerging countries Jonnu Smith Jersey , particularly the growth that we have seen in China, has clearly underlined the importance for growth to be sustainable," Kamath told Xinhua.
"I would say that we have learned from China's experience to push sustainability as a core of the lending process," he added.
The NDB is looking into more local currency financing opportunities in member countries.
After the bank's first green bond issuing in China was welcomed by the market last year, Kamath said the bank is planning another bond issuing between 3 to 5 billion yuan (450 to 750 million U.S. dollars) in the second half of this year.
Meanwhile, it plans to issue bonds in local currencies in other member countries. "India will likely be one of the first Taywan Taylor Jersey , and our dialogue with bankers in Russia and other member countries indicate that there is good scope to raise local currency bonds in these countries," said Kamath.
He also told Xinhua that the bank will open its first regional office in Johannesburg of South Africa on Aug. 17.
This regional office will act as a "face to Africa," as it will initially focus on preparing projects in the pipeline, Kamath said.
The bank intends to open other regional offices, but the timing of this is unclear, said Kamath.
XIAMEN Adoree' Jackson Jersey , March 26 (Xinhua) -- The current development of badminton is "very healthy", said Badminton World Federation (BWF) Secretary General Thomas Lund here on Thursday.
Lund, who attended a BWF partnership launch with China's Xiamen Airlines, believes that the development of badminton today is in a very healthy process, because there is a very good spread in the world and the countries and regions that are taking medals increase.
"No doubt china is the strongest right now in the world, but we see a lot of e.