China's second-largest e-commerce company JD.com started stock offering of its secondary IPO in Hong Kong on Monday, with a price of no more than 236 HK dollars (30.45 U.S. dollars) per share. The stock offering is multiple times oversubscribed by institutional investors, according to Bloomberg.
China’s aviation authority said Thursday it would allow all foreign airlines to choose from a list of approved cities to operate one international passenger flight a week beginning June 8.
Fitch Ratings-London-03 June 2020: Macro policy easing responses to the coronavirus crisis have reached unprecedented levels, with direct fiscal stimulus measures totalling USD5 trillion (7% of 2019 GDP) for the "Fitch 20" countries covered in its Global Economic Outlook (GEO).
British Prime Minister Boris Johnson said Wednesday that the United Kingdom stands ready to open the door to almost 3 million Hong Kong citizens as the city’s leader arrived in Beijing for meetings on a planned national security law that has many worried about their futures.
Chinese media conglomerate Tencent has purchased a sizeable stake in Bohemia Interactive, according to a new report on The Information. The DayZ and Arma 3 developer joins Epic Games and Supercell (known for mobile titles like Clash of Clans) among the major studios and companies Tencent owns a stake in.
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Xiaomi Corp reported a 13.6% rise in first-quarter revenue on Wednesday, beating estimates, as the Chinese smartphone maker sold more phones and benefited from sales of its higher-priced 5G models.
The U.S. Senate approved sweeping new legislation Wednesday that could ultimately bar many Chinese companies from listing shares on U.S. exchanges, or otherwise raising money from American investors.
Mark Zandi of Moody’s Analytics is getting increasingly worried states are taking a large gamble by reopening businesses too quickly.
Chinese e-commerce giant JD.com is planning to kick off a Hong Kong initial public offering on May 25 to raise as much as US$3.4 billion (HK$26.52 billion), mainland media reported.
Malaysia’s central bank on Tuesday slashed its key interest rate to the lowest since 2009, and left the door open for further cuts in case the trade-reliant nation’s economy suffers prolonged damage from the coronavirus pandemic.
NetEase Inc. has picked banks for its planned second listing in Hong Kong, according to people familiar with the matter, joining other Chinese technology companies in tapping the city’s stock market for new funds.
U.S. President Donald Trump said on Thursday his hard-fought trade deal with China was now of secondary importance to the coronavirus pandemic and he threatened new tariffs on Beijing, as his administration crafted retaliatory measures over the outbreak.
As of late March, a total of 198,000 5G base stations have been built across China, covering over 50 million users, according to China's Ministry of Industry and Information Technology.
Rating agency Fitch cut Italy’s credit rating to “BBB-minus” on Tuesday, just one notch above junk, saying the downgrade reflects the impact of the coronavirus pandemic on the euro zone’s third largest economy.
HSBC Holdings PLC yesterday said that first-quarter pretax profits almost halved as the banking giant was battered by the COVID-19 pandemic while it embarked on a major restructuring.
Chinese e-commerce giant JD.com Inc. has filed confidentially for a second listing in Hong Kong, according to people with knowledge of the matter, joining rival Alibaba in tapping the city’s stock market for funds.
Retail investors may have lost more than 9 billion yuan ($1.27 billion) from a structured crude oil product marketed by the Bank of China, financial news outlet Caixin reported on Sunday citing official sources.
The Bank of Japan expanded monetary stimulus on Monday for the second straight month to ease corporate funding strains and finance huge government spending aimed at combating the deepening economic fallout from the coronavirus pandemic.
India Government plans to fast track the review of investment proposals from neigbouring countries such as China
The Centre plans to fast track the review of some investment proposals from neigbouring countries such as China following concerns new screening rules could hit plans of companies and investors, three sources told Reuters on Saturday.