President-elect Joe Biden’s new national security team is a distinguished collection of men and women with long experience in global affairs. One wonders, however, if that experience will help or … ( read original story…
Monthly Archives For November 2020
Evergrande Property’s Hong Kong IPO raises $1.8 billion: sources
Evergrande Property Services Group’s initial public offering in Hong Kong has raised HK$14.3 billion ($1.8 billion), with stock sold at the lower end of the price range, three sources with direct … ( read original…
China is an opportunity for India — not a threat, Beijing says as more apps are banned
India has blocked to-date 220 Chinese mobile apps, some of them made by China’s prominent consumer-facing tech companies like ByteDance, Tencent and Alibaba. ( read original story …)
China claims detection of Corona virus in seafood imported from India
The Chinese Authorities have claimed that Corona virus was detected from frozen seafood imported from India that led to sealing of the storage areas at the port. The virus was allegedly detected in … (…
How India and China are vying for influence in the Maldives with mega-bridge projects
China’s expanding footprint in the Maldives has unsettled neighboring India, which views the region as part of its traditional sphere of influence — and at risk of being pulled away from its orbit. ( read…
Property firm China Overseas Land & Investment shrugs aside Beijing funding curbs to acquire Zhuhai plot for record US$1.6 billion
Property developer China Overseas Land & Investment (Coli) has shrugged aside tightening government curbs on financing to acquire a residential and commercial plot in Zhuhai for the record sum of 10.5 … ( read original…
China reports 21 new COVID-19 cases vs five a day earlier
China reported 21 new COVID-19 cases on Nov. 25, up from five cases a day earlier, its national health authority said on Thursday. ( read original story …)
Shenzhen’s population size, key to gauging economic development, remains a matter of debate
Beijing has designated Shenzhen a model socialist city with special powers to make reforms, but the exact size of the city, a key to determining progress, appears to be a mystery. ( read original story…
Hong Kong’s independent judiciary braced for Beijing onslaught
Beijing is expected to target Hong Kong’s independent judiciary as it tightens control over the territory’s institutions, according to Philip Dykes, head of the city’s bar association. As part of a … ( read original…
Trump Spy Chief Warns Of China’s Growing Influence In Cryptocurrency Sector
Director of National Intelligence John Ratcliffe reportedly expressed concern about Beijing’s growing influence and power in the cryptocurrency sector. ( read original story …)
China’s Fintech Giants Scramble to Rethink IPOs, Raise Capital
Jack Ma’s vision of the future of finance in China is being upended by regulators, along with the ambitions of conglomerates that followed his lead. ( read original story …)
Commentary: China’s decision to halt Ant Group’s giant IPO has bigger implications
China is a battleground in which the vested interests of the old economy spar with those of the new, says the Financial Times’ Henny Sender. ( read original story …)
Chinese steel manufacturer Huadi International sets terms for $25 million US IPO
Huadi International Group, which manufactures steel pipe and tube products in China, announced terms for its US IPO on Wednesday. The Wenzhou, China-based company plans to raise $25 million by … ( read original story…