Chinese data center operator Chindata Group Holdings Ltd on Wednesday raised $540 million in its U.S. initial public offering after it shares were priced at the top end of the targeted range. The firm ……
Monthly Archives For September 2020
J.P. Morgan’s Erdoes says it would be ‘irresponsible’ to not invest in China right now
J.P. Morgan Asset & Wealth Management Chief Executive Officer Mary Erdoes said China will be the number one GDP market by 2030. ( read original story …)
Pompeo Calls On Pope Francis to Defend Religious Freedom in China
Secretary of State Mike Pompeo launched a strong attack on religious persecution in China and called on the Vatican to stand up for religious freedom there, in an implicit criticism of Pope Francis’s … (…
Will China’s NIO Become the “Next Iconic Auto Brand?”
Shares of Chinese electric-vehicle maker NIO (NYSE:NIO) jumped on Tuesday after a key Wall Street analyst said that the company could become the “next iconic auto brand,” at least in China. Is he … (…
IPO market is headed for busiest third quarter since the dot-com years
The U.S. initial public offering market is expected to see 11 deals and two direct listings this week, adding fuel to what will be the biggest third … ( read original story …)
Bain-backed Chinese data center operator Chindata prices US IPO at $13.50 high end
The article Bain-backed Chinese data center operator Chindata prices US IPO at $13.50 high end originally appeared on IPO investment manager Renaissance Capital’s web site renaissancecapital.com. ( read original story …)
Coronavirus tally: Global cases of COVID-19 top 33.6 million, 1.008 million deaths and Trump blames China for outbreak
The global tally for confirmed cases of the coronavirus that causes COVID-19 climbed to 33.6 million on Wednesday, according to data aggregated by … ( read original story …)
China to provide COVID-19 vaccines to the world at reasonable price: spokesperson
VCG. China will share COVID-19 vaccines with the world at a fair and reasonable price, a Foreign Ministry spokesperson … ( read original story …)
METALS-Copper claws higher on China data; inventories weigh
Copper prices struggled to hold gains on Wednesday as surging inventories highlighted the prospect of excess supply amid worries about the impact of rising COVID-19 cases on the global economy. ( read original story …)
Families of detained Hong Kongers petition Beijing office
Relatives of 12 Hong Kong fugitives detained on the Chinese mainland after trying to flee the financial hub petitioned Beijing’s office in the city on Wednesday, pleading for their loved ones to be … (…
Beijing praises WA for leading in Australia-China relations
China’s acting consul-general in Perth has praised Western Australia as playing a leading role in China-Australia relations. ( read original story …)
China’s coronavirus recovery lays bare sharp regional economic disparity
China’s uneven regional economic development has been turbocharged by the coronavirus pandemic, despite a broad-based national recovery, representing a long-term challenge for the nation’s leaders. ( read original story …)
China’s Too-Big-to-Fail Property Giant Pulls Back From Brink
China Evergrande Group’s stock and bonds rallied after the developer took a major step toward avoiding a cash crunch that had threatened to roil the nation’s $50 trillion financial system and … ( read original…