A New York federal judge on Sunday said Beijing-based Jianpu Technology Inc. will have to face a proposed class action alleging it hid impending government regulations that could hurt its operations … ( read original…
BUSINESS
IPO market is headed for busiest third quarter since the dot.com years — and there’s lots more to come
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 …)
China Just Signaled Its Support For Alibaba’s Businesses
The rise in coronavirus cases in several European nations spooked the financial markets sending investors into a risk-off mode. ( read original story …)
China is holding simultaneous military drills in 4 seas — again
China holds military drills periodically in order to train a combat-ready military force, but rarely do multiple exercises happen at the same time. ( read original story …)
China’s biggest automaker SAIC plans 100 green models by 2025
SAIC Motor, the biggest automaker in China, plans to have nearly 100 new energy models with its partners by 2025, its president Wang Xiaoqiu said on Monday. Nearly 60 of them will be from SAIC’s…
China Takes Up Mantle Of Climate Leadership, Corporates Follow Suit
In a shock move that didn’t get the attention it deserved, China, the world’s largest emitter and the dominant user of coal to generate electricity, committed at the UN General Assembly to ensure that ……
China Evergrande shares jump on debt reduction progress
China Evergrande Group said its debt-cutting measures were working and the Hong Kong bourse had approved its spinoff plan, sending the property developer’s shares up as much as 14% after a … ( read original…
World Brand Lab Releases ‘Asia’s 500 Most Influential Brands 2020’
The Asia Brand Summit was organized in Shanghai on Sept. 22 by the World Brand Lab. The “Asia’s Most Influential Brands 2020” list was released at the summit. Elie Ofek, professor at Harvard Business ……
Shares in HSBC rise 10% after China’s Ping An raises stake
HSBC’s London-listed shares soared on Monday, after Ping An Insurance raised its stake in Europe’s biggest bank, despite escalating tensions … ( read original story …)
China to tighten supervision of country’s booming online insurance business
China’s banking and insurance regulator issued draft rules on Monday to rein in risks accumulated in country’s booming online insurance sector. ( read original story …)
Asia shares up ahead of China holiday, presidential debate
Asian shares were mostly higher in muted trading Monday, ahead of the first U.S. presidential debate and a national holiday in China later in the week. Japan’s benchmark Nikkei 225 rose 0.7% to 23,371 ……
Markets Rally Ahead of Presidential Debate: Live Business Updates
The pound rose as British and European Union officials started their last scheduled round of negotiations on Monday in Brussels.Credit…Pool John Thys/EPA, via Shutterstock European and Asian stock … ( read original story …)
Mainland China and Hong Kong expected to finish 2020 as top IPO destinations after strong Q3, KPMG analysis finds
Stock quotes by finanzen.net HONG KONG, Sept. 28, 2020 /PRNewswire/ — The Shanghai Stock Exchange is expected to claim the top spot globally in terms of both IPO fundraising and number of listings … (…
