Grocery chain Albertsons might have been the best-known IPO in the U.S. this week among American investors, but the top performance went to a Shanghai-based technology company. Shares in video and … ( read original…
Monthly Archives For June 2020
After coronavirus, flooding hits southern China with 14 million affected
Extreme seasonal weather displaces 744,000 people and causes US$3.8 billion in economic losses across 26 provinces. ( read original story …)
ASEAN takes position vs China’s vast historical sea claims
Southeast Asian leaders said a 1982 U.N. oceans treaty should be the basis of sovereign rights and entitlements in the South China Sea, in one of their strongest … ( read original story …)
Storms leave 3 dead, 12 missing in southwest China
Three people died and 12 are missing after overnight rainstorms in southwestern China, authorities said Saturday. Two vehicles fell into a river, killing two people … ( read original story …)
Agora’s above-range pricing underscores a welcoming IPO market
Agora’s financials make its IPO pricing a neat puzzle, so let’s pull apart the good and the bad to better understand why the market was willing to pay than the company anticipated. ( read original…
Exchanges take shape in Macau, Guangzhou to turbocharge southern China’s Greater Bay into Asia’s largest financial market
Two new financial markets are taking shape on the drawing boards in southern China, with the potential to turbocharge the Greater Bay Area (GBA)’s economic growth engine. This is the making of Asia’s … (…
Storms leave 3 dead, 12 missing in China’s Sichuan province
Three people died and 12 are missing after overnight rainstorms in southwestern China, authorities said Saturday. Two vehicles fell into a river, killing two people … ( read original story …)
China opened an embassy on a tiny, remote Pacific island during the pandemic. Here’s why
The picturesque Pacific islands are fast forming into a fault line for geopolitical tensions. As both Canberra and Beijing pour aid into the region, the possibility of a travel bubble between the … ( read…
$129K of Assault Weapon Parts From China Intercepted By Federal Officers
“This smuggler was knowingly trying to avoid detection,” said Louisville Port Director Thomas Mahn in a statement released Friday. ( read original story …)
China’s STAR drives IPO momentum on A-share market: EY report
BEIJING, June 27 (Xinhua) — Shanghai Stock Exchange’s sci-tech innovation board, commonly known as the STAR market, has continued to drive the momentum of initial public offerings (IPOs) on the … ( read original story…
China’s Luckin Coffee To Delist From Nasdaq
“Luckin Coffee will suspend trading on the Nasdaq on June 29 and file for delisting,” the company said, after abandoning plans to appeal a Nasdaq order to delist. Luckin said its operations would … (…
Asia Today: China, SKorea Report New Cases in Double Digits
China has reported an uptick in new coronavirus cases, a day after the nation’s CDC said it expects an outbreak in Beijing to be brought under control soon. ( read original story …)
Asia Today: India cases cross 500,000; China, Korea also up
India’s confirmed coronavirus cases crossed half a million on Saturday with another record 24-hour jump of 18,552 infections. The Health Ministry also reported 384 … ( read original story …)
