China Markets End Mixed
China shares closed mixed on Friday but major indexes ended down for the quarter as disappointing company earnings and fears of policy tightening soured investor sentiment.
A Wave of Chinese IPOs
Alibaba is not the only Chinese IPO on the horizon. Data analytics platform Cheetah Mobile and online travel company, Tuniu, are both going public this week. Next week Jumei, China’s top online retailer of beauty products, plans to list in the U.S.