Companies looking to utilize the 90-day delay must show “significant financial hardship” related to the COVID-19 outbreak, the Treasury said. ( read original story …)
BUSINESS
China accused of discriminating against Africans as part of coronavirus fight
Ambassadors to Beijing and others say Africans have been harassed, denied basic services and even evicted despite adhering to mitigation guidelines. ( read original story …)
Exclusive: India’s stiffer foreign investment rules aimed at China to include Hong Kong – sources
India’s new rules to more closely scrutinise foreign investments from companies based in neighbouring countries will also apply to Hong Kong, two senior government sources told Reuters on Monday. ( read original story …)
Chinese cancer drug firm Akesobio’s US$330 million IPO – Hong Kong’s largest this year – is oversubscribed 639 times by city’s investors
The IPO is also Hong Kong’s largest so far this year, and is also its biggest in the broader health care sector after Pharmaron Beijing’s HK$5.3 billion flotation last November, according to Refinitiv … (…
Three Things American Brands Can Learn From Market Recovery Efforts In China
In order to understand how business leaders can achieve this during such uncertain times, I’m reaching out (virtually, of course) to thought leaders, futures and brand executives. Today’s column … ( read original story …)
How Does China Ocean Fishing Holdings’s (HKG:8047) P/E Compare To Its Industry, After The Share Price Drop?
Unfortunately for some shareholders, the China Ocean Fishing Holdings (HKG:8047) share price has dived 32% in the … ( read original story …)
The U.S. Tried to Teach China a Lesson About the Media. It Backfired.
American journalists were showing the world the devastating effects of China’s botched response to the coronavirus. Now, many have been kicked out. ( read original story …)
Crypto.com and The Economist produce digital asset report
Crypto.com has teamed up with The Economist to produce a report on the attitudes towards cryptocurrencies and digital assets. The report reveals that 20% of respondents don’t use cryptocurrencies but … ( read original story…
China Three Gorges Plans $3.5 Billion IPO of Renewables Unit
State-owned China Three Gorges Renewables Group Co. is seeking to raise 25 billion yuan ($3.5 billion) in what could be one of the country’s biggest initial public offerings this year.The company … ( read original…
Coronavirus pressures US manufacturers to bring plants home from China
As the U.S. has lost its place as the world’s leading producer over the past 25 or 30 years, China has emerged as the go-to place for manufacturing. ( read original story …)
Russia And China ‘Hijack’ Your Internet Traffic: Here’s What You Do
The internet traffic to and from your device is at risk from a Russian or Chinese state-backed hijack. Here’s how to check your ISP security. ( read original story …)
Russia And China Behind Internet ‘Hijack’ Risk: Here’s How To Check You’re Now Secure
Is the internet traffic to and from your device at risk from a Russian or Chinese state-backed hijack? Here’s how to check. ( read original story …)
U.S. appeals to China to revise export rules on coronavirus medical gear
The United States has asked China to revise new export quality control rules for protective equipment needed in the coronavirus outbreak so they are not an obstacle to timely supplies, a spokesman for … (…
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