Nasdaq-listed 360 Finance Inc may kick off its Hong Kong listing process as soon as December, two sources familiar with the matter said, as U.S.-listed Chinese firms pursue dual listings amid … ( read original…
Monthly Archives For June 2020
U.S. looking at various responses to China’s law on Hong Kong: Mnuchin
The Trump administration is looking at various responses to China’s national security law on Hong Kong through the president’s working group on capital markets, U.S. Treasury Secretary Steven Mnuchin … ( read original story …)
Should the U.S. refuse to pay back its $1 trillion debt to China?
Analysts say the proposal would throw the entire U.S. financial system into disarray — especially amid a pandemic-driven recession and a massive increase in the national debt. ( read original story …)
Telecom Stock Roundup: Ericsson Boosts Presence in China, Corning Taps Funds & More
While Ericsson (ERIC) strengthens its presence in China with 5G contracts, Corning (GLW) boosts healthcare segment with funds to increase production capacity. ( read original story …)
IPO Preview: Quhuo Seeks $35 Million U.S. IPO Investment
Quhuo Limited (QH) intends to raise $35 million in an IPO of its ADSs representing underlying Class A shares, according to an F-1 registration statement. The firm operates as a workforce staffing … ( read…
China’s ‘horizontal skyscraper’ opens glass-bottom observation deck
A “horizontal skyscraper” in China opened up its first attraction to the public: a glass-bottom observation deck 820 feet over the ground. ( read original story …)
USDA confirms big U.S. soybean sales to China as buying flurry continues
U.S. exporters reported sales of 720,000 tonnes of soybeans to China, the U.S. Department of Agriculture (USDA) said on Thursday, as active purchases by the world’s top soy importer continued for a … ( read…
Beijing Reports New Coronavirus Case After 55 Days of No New Cases
The 42-year-old infected man was sent to the hospital, and his two closest family members are under observation. ( read original story …)
Beijing confirms 1st new coronavirus case in almost 2 months amid concern over 2nd wave
Patient hospitalized and neighborhood locked down amid warnings of a 2nd wave weeks after COVID-19 restrictions were lifted across China’s capital. ( read original story …)
China mobile international partners with Omantel for its third PoP in the Middle East
Muscat: Deepening its collaboration within the Middle East, China Mobile International (CMI) has joined hands with Omantel to establish its third Point of Presence (PoP) in the region in the Sultanate … ( read original…
China builds “world’s highest” cloud campus in Tibet Autonomous Region
A Chinese data center campus in Lhasa, the administrative capital of the Tibet Autonomous Region, has finished its first construction phase. The entire project covers an area of 6 … ( read original story …)
Hong Kong IPOs sizzle despite chaos surrounding the territory’s future
While Hong Kong’s future may be plagued by mainland China’s seemingly increasing disregard for the territory’s independence and the resumption of pro-democracy protests, signs point to it remaining an … ( read original story …)
European companies in China say doing business is more political
The incident is illustrative of a broader problem that foreign companies face when doing business in China: The need to bend to Beijing’s political will in order to retain market access. Other recent … (…
