Credit Suisse news and archive

CICC and Credit Suisse to lead Alibaba Hong Kong IPO

Alibaba, one of Amazon's biggest global competitors and one of the biggest online marketplaces, has selected China International Credit Corp. and Credit Suisse to lead their initial public offering. The news was reported by Business of Fashion. Alibaba is in talks with other investment banks to be part of the IPO, but the specifics of which have...

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Business

Credit Suisse expects brands and retail to improve Arvind financials

Credit Suisse has initiated coverage on Arvind with an outperform rating and a target price of Rs 360. It believes improving margins in brands and retail, faster growth in relatively low capital-intensive businesses, and improvement in working capital should gradually help free cash flows. The brokerage expects revenue CAGR of 15 percent and EPS...

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Business

India races ahead in consumer survey while China slips

The latest Credit Suisse Research Institute’s Emerging Consumer Survey reveals, with the belief that the new government will provide a stable regime, consumers in India are more optimistic. What’s more with a slowdown in China, India has raced India ahead four ranks while China slipped to the fifth rank. The survey found that the mood of...