Thanks to a big IPO on the Hong Kong Stock Exchange, a Chinese couple have become China’s richest husband-and-wife team. The initial public offering of Hansoh Pharmaceutical Group, which closed up … ( read original…
BUSINESS
Stock futures fall as investors eye chipmakers, Chewy IPO
also fell as investors weighed the sector-wide impact of the U.S.-China trade tensions. The iShares PHLX Semiconductor ETF (SOXX) declined 2.9% to $184.44 during early trading. The U.S. IPO market has … ( read original…
China reportedly investigating FedEx delivery errors
Xinhua previously reported that China would investigate whether FedEx damaged the legal … Washington also last month put Huawei on a blacklist that effectively blocks U.S. firms from doing business … ( read original story…
China’s industrial output growth slows to 17-year low as trade war escalates
China’s economy flashed more warning signs in May as the United States ramped up trade pressure, with industrial output growth unexpectedly slowing to a more than 17-year low and investment cooling, … ( read original…
Safe Space: A Guide to Special Economic Zones for Crypto, From China to Switzerland
Russia may join a list of countries with an offshore crypto zone with a plan to build its own on an island. Learn more about cryptocurrency safe spaces, where fintech ventures are encouraged to ……
Hong Kong top destination for Chinese IPOs, but new Shanghai tech board poses threat, Baker McKenzie says
Hong Kong is the top destination for Chinese companies seeking to list their shares outside China so far this year, but could face a challenge for initial public offerings from Shanghai’s new … ( read…
Why Budweiser, Starbucks need to worry about China
“This is going to become a nationalist thing, it’s going to become China vs. the world,” Chang says. “And foreign brands are going to become targeted across the board.” Apple, Budweiser, Nike, and … (…
China officially launches technology innovation board, with trading expected to begin within two months
Beijing has officially launched its new technology innovation … It will adopt a registration-based initial public offering (IPO) system to facilitate companies’ fundraising. China’s securities … ( read original story …)
China’s vice-premier urges more economic supports to cope with U.S. trade war
Earlier on Thursday, China Daily, citing economists … Last month, the PBOC stepped up efforts to increase loan growth and business activity, announcing cuts in regional banks’ reserve requirements … ( read original story …)
BabelFinance Wrote $110 Million in Crypto Loans to Chinese Traders
It is clear that in China and elsewhere globally, anticipation is building for higher crypto prices.” Based in Hong Kong, BabelFinance offers an array of crypto-related services including management … ( read original story …)
China’s ‘Gen Z’ shoppers fuelling luxury market momentum: Bain
PARIS (Reuters) – Chinese “Gen Z” shoppers in their early 20s are emerging as an increasingly powerful force in the luxury industry as brands try and tap into buoyant demand for high-end goods in the…
China’s trade rep says ‘external pressures’ can help economy
Hong Kong’s South China Morning Post and mainland Chinese media outlets reported Thursday that Vice Premier Liu He described the pressures that China is currently facing as an “inevitable test.” He … ( read original…
China launches Nasdaq-style tech board in Shanghai, expects challenges
Complete with a U.S.-style registration-based IPO system, the STAR Market would be mainland China’s first exchange-run board that allows pre-profit firms to list. It will also do away with … ( read original story …)
