The firm also had a role on China Tourism Group Duty Free Corp.’s HK$18.4 billion ($2.3 billion) Hong Kong listing. Read More: As IPOs Slump Globally, the Big Deals Are Coming From China Global banks…
Monthly Archives For October 2022
Flowing Cloud Tech Debuts on HKEX: Will Become First Metaverse IPO in Hong Kong
The first Metaverse HK IPO, Flowing Cloud Technology Ltd(6610.HK), officially launched on 29 Sep with the fundraising amount around US$ 100 million. The deal was widely sought after by the market in …
Jim Cramer: It’s the Fed versus China and Putin and stocks hang in the balance
It seems preposterous that things can stay this bleak for so long, with heathy banks and a healthy consumer .But things aren’t working out like that right now …
Chinese mainland reports 189 new local confirmed COVID-19 cases
A total of 466 local asymptomatic carriers were newly identified. A total of 256 COVID-19 patients were discharged from hospitals after recovery on the Chinese mainland on Sunday, bringing the total …
Deloitte China fined $31m for letting clients do their own audit work
Under sanctions handed down by a US regulator, Deloitte will also have to better train staff in China and hire external consultants to review its practices.
China’s financial leasing sector posts steady expansion
China’s financial leasing sector registered a steady expansion in 2021 despite COVID-19 shocks, a report from the China Banking Association showed. As of the end of 2021, total assets of the country’s …
Financial bonds floated by China EximBank exceeds 10 trillion yuan
Yuan-denominated financial bonds floated by the Export-Import Bank of China (China EximBank) has exceeded 10 trillion yuan (about 1.4 trillion U.S. dollars), data from the bank showed. The lender has …
China’s demographic crisis looms over Xi Jinping’s third term
China’s president Xi Jinping is poised to secure an unprecedented third term as leader at a congress of his Communist party this month, but behind the political theatre a broader shift is playing out.
China’s Sinopec intends to de-list ADSs from London Stock Exchange
China Petroleum and Chemical Corp , , the world’s biggest oil refiner by capacity, said on Monday it intended to de-list its American Depositary Shares (ADSs) trading on the London Stock Exchange (LSE …
Asia-Pacific markets set to trade mixed; China, South Korea markets closed
Futures in the Asia-Pacific pointed to a mixed trading day Monday as markets enter the last quarter of the year.
China property woes cause decline in global cement output
China’s property crisis, which began with missed bond payments at real estate developer Evergrande a year ago and has since spread across the heavily-indebted sector, is weighing heavily on economic …
China’s Xiaomi says it will protect its business interests after India freezes its assets
Chinese smartphone maker Xiaomi Corp on Sunday said it was “disappointed” with an Indian order that froze $682 million of its assets and would continue to protect its interests.
China E-Commerce Billionaire Richard Liu Settles Alleged Rape Case
China billionaire Richard Liu, founder and chairman of e-commerce site JD.com, has settled a lawsuit by a former University of Minnesota student who alleged she was raped by the businessman in …
