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Chinese video site Bilibili considers secondary Hong Kong listing: sources
Chinese video site Bilibili BILI.O is considering a secondary listing in Hong Kong, said two people with direct knowledge of the matter, joining other U.S.-listed Chinese companies eyeing a return to the exchange closer to home amid China-U.S. tensions.
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Beijing bought 33% of the agreed value of US goods under the trade deal – SCMP
A headline from the South China Morning Post (SCMP), published Tuesday’s early Asian session, suggests challenges to the global risk-on sentiment. The news relies on China’s imports of the US goods under the trade agreement between Washington and the dragon land to suggest further hardships for the market’s mood.
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EU negotiators willing to work on legal agreement with UK - The Times
(Reuters) - European Union negotiators have signaled that they are willing to begin work on a joint legal text of a trade agreement with the UK, ahead of trade talks that resume on Tuesday, The Times reported on Tuesday.
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Ant Bank launch marks another milestone for Ant Group’s expansion in Hong Kong ahead of mega listing
Ant Bank (Hong Kong), the virtual banking arm of Ant Group, on Monday became the sixth branchless lender to start operations in the city and said that it would partner with AlipayHK to tap its two million users to avail of its services.
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JD Health Could Raise $3 Billion in Hong Kong Listing
The healthcare unit of Chinese e-commerce operator JD.com Inc. has filed an application to list in Hong Kong, in a deal that people familiar with the situation said could raise at least $3 billion.
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China is set to join FTSE Russell’s flagship global bond index next year
Major index provider FTSE Russell said Thursday it will add Chinese government bonds to its flagship World Government Bond Index from October next year — a development that will bring billions of dollars of inflows into China.
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China Evergrande shares, bonds suffer sell-off on cash-crunch concern
Investors sold off China Evergrande Group <3333.HK> shares and bonds on Friday after a leaked document showed the nation's second-biggest property developer by sales sought government help to avert a cash crunch.
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Miniso Group Files for IPO
Miniso Group Holding Ltd., a Chinese retailer whose stockholders include Tencent Holdings Ltd., filed for an initial public offering.
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Bank of East Asia to sell insurance arm following portfolio review
Bank of East Asia Ltd (BEA), which counts Guoco Company Management Ltd as a substantial shareholder, has decided to initiate a sale of its insurance business and is seeking a strategic partner for its mainland China business following a review of its portfolios and assets.
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China’s Smartphone Market Reshuffles as Latest Sanctions Against Huawei Take Effect
China’s smartphone market prepares for reshuffling as latest sanctions against Huawei take effect on September 15, says TrendForce
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JD.com to spin off health unit, list in Hong Kong
Chinese e-commerce retailer JD.com 9618.HK is planning to spin off its health unit and list it on the Hong Kong stock exchange, the New York-listed company said on Monday, a move that follows escalating Sino-U.S. political tensions.
21
Alibaba's Ant Group Lifts Its IPO Proceeds Target to USD 35 Billion
According to industry sources, Chinese fintech giant Ant Group, which has earlier filed for a double-IPO in Hong Kong and on Shanghai's tech board (the Star Market), has increased the amount of capital it is willing to raise through this offering to USD 35 billion.
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ByteDance says it will not transfer algorithm and technology to Oracle as part of TikTok deal
ByteDance will not transfer algorithms and technologies to Oracle as part of a deal announced over the weekend to keep social media app TikTok operating in the U.S.
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Germany pushes up 2021 debt plans to nearly 100 billion euros
German Finance Minister Olaf Scholz plans to take on net new debt of nearly 100 billion euros ($118 billion) next year to fight the coronavirus pandemic, four people familiar with the matter told Reuters on Thursday.
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TikTok-Oracle deal: US President Trump likely to take a decision within next 24-36 hours
A decision on the TikTok-Oracle deal is likely to be taken by United States President Donald Trump in the next 24-36 hours, sources told CNBC. This comes after he reportedly questioned ByteDance retaining a majority stake in TikTok's US operations.
17
Kuaishou Logs 500 Million Online Shopping Orders in August
Chinese short video company Kuaishou is redoubling efforts to build its e-commerce empire in the hope of becoming a major online shopping platform able to take on bigger rivals like Alibaba and JD.com.
17
Alibaba Cloud unveils ‘cloud computer’, delivery robot
Chinese cloud giant Alibaba Cloud has developed a thin-client PC that will alleviate the need for powerful desktop hardware to perform compute-intensive tasks.
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Ray Dalio warns the US is in a period of 'great risk'
Ray Dalio told Bloomberg on Tuesday that the US is currently in a period of "great risk" because of rising deficits and the upcoming election, and the most important thing for investors will be to know how to diversify well.
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Alibaba Group opens China factory as part of new manufacturing initiative
Alibaba Group Holding Ltd on Wednesday unveiled a pilot factory in the eastern Chinese city of Hangzhou as part of its "smart manufacturing" business initiative.
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A14X Chip for First Apple Silicon Mac and New iPad Pro to Enter Mass Production in Fourth Quarter
Apple's 5-nanometer-based A14X processor, which is destined for the first Apple Silicon Mac and the next-generation iPad Pro, will enter mass production in the fourth quarter of this year, reports DigiTimes.