China Bohai Bank has raised $1.78 billion after pricing its shares at HK$4.80 as it carried out the largest initial public offering in Hong Kong so far in 2020, two sources with direct … (…
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China Bohai Bank raises $1.78 billion in Hong Kong IPO: sources
Global Banks Risk Breaching China Law by Complying With U.S.
Global banks risk being caught between Beijing-backed penalties and sanctions being debated in the U.S. as Hong Kong’s autonomy becomes a volatile point of friction between the two superpowers. ( read original story …)
China State Funds Start Selling in Warning Sign for Stock Rally
Chinese megacap shares fell Friday after two state-backed funds trimmed their holdings in a sign that the government wants to slow down the rally.People’s Insurance Company (Group) of China Ltd., … ( read original story…
China’s aviation industry suffers $4.9 billion loss in second quarter on coronavirus jolt
China’s aviation industry sank further into the red, losing 34.25 billion yuan ($4.89 billion) in the second quarter, only slightly narrower than in the first quarter, underlining the colossal … ( read original story …)
China state funds to cut stakes in PICC, some tech firms amid stock bull run
SS> and three China-listed tech companies said their major state shareholders plan to reduce holdings – a move that comes amid a torrid bull run in China’s stock market. ( read original story …)
Breakingviews – China can turn the other cheek, for now
Turning the other cheek takes fortitude, but that’s what China could do in response to the U.S. government’s latest actions. It slapped sanctions on Chinese officials for abuses of Muslim Uighurs, … ( read original…
China-Connected Researcher Charged With Grant Fraud in U.S.
A researcher who worked at U.S. universities was charged with illegally using grant funding to develop scientific expertise for the Chinese government, the Justice Department said Thursday. ( read original story …)
Google Scrapped Cloud Initiative in China, Other Markets
Google abandoned plans to offer a major new cloud service in China and other politically sensitive countries due in part to concerns over geopolitical tensions and the pandemic, according to two … ( read original…
China continues to ‘undermine’ every facet of US, global economy: Rep. Devin Nunes
Calif., provides insight into China’s attempt to grow its global influence and the Russia probe. ( read original story …)
BRIEF-Eyebright Medical Technology (Beijing) Co Ltd Issues Prospectus For Shanghai IPO
SAYS IT ISSUES PROSPECTUS FOR INITIAL SHANGHAI SHARE OFFERING Source text in Chinese: bit.ly/2W5JK4n (Reporting by Hong Kong newsroom) Our Standards:The Thomson Reuters Trust Principles. ( read original story …)
Undeterred by coronavirus, China takes influence campaign online to win Taiwan hearts
As the coronavirus pandemic all but halts travel across the Taiwan Strait, China is taking its campaign pushing for “reunification” with Taiwan to the virtual world of live broadcasts, online … ( read original story…
Luxury brands turn from Hong Kong to mainland Chinese consumers still eager to shop
Luxury brands are turning to mainland China from Hong Kong — even shutting stores in the city — as companies try to recoup lost tourism spending and take advantage of new supportive policies from ……
Professor charged over scheme to use $4M in US grant money to conduct research for China
A criminal complaint filed in May alleges that Song Guo Zheng was a participant in a Chinese Talent Plan, a program established by China to recruit individuals with access to foreign intellectual … ( read…
