China’s ride-hailing giant Didi Global Inc’s announcement on Friday that it plans to withdraw from the New York Stock Exchange and pursue a Hong Kong listing raises the question of how the move will …
Tagged By banking
UPDATE 1-U.S. and EU hail ‘convergent’ stances toward China
The approach of the United States and Europe toward China is “increasingly convergent,” U.S. Deputy Secretary of State Wendy Sherman said on Friday, following meetings with the chief of the European …
Didi, China’s Uber, Delists From NYSE
Chinese ride-hailing giant Didi Chuxing, whose ADRs trade as Didi Global (DIDI), is delisting its shares from the New York Stock Exchange (NYSE).
China backs equity financing for science and tech companies
China will support subsidiaries of commercial banks which have investment functions, insurers and trust companies to set up venture capital funds and government-backed industry investment funds to …
China easing rules for US business travellers, approvals in 10 days
China will reduce the time needed for approval of travel by U.S. business executives to no more than 10 days, China’s ambassador to the United States, Qin Gang, said on Thursday, promising to turn “an…
SINOVAC Beijing Settled Litigation of Its Business License and Seals
SINOVAC Biotech Ltd. (NASDAQ: SVA) (“SINOVAC” or the “Company”), a leading provider of biopharmaceutical products in China, announced the Company’s subsidiary SINOVAC Biotech Co., Ltd (“SINOVAC …
China’s Asymchem Said to Guide Listing Price at HK$388
Chinese drug manufacturer Asymchem Laboratories Tianjin Co. is telling prospective investors it plans to price its Hong Kong listing at HK$388 per share, according to people familiar with the matter.
Didi bows to China regulatory pressure, will delist from NYSE
The company’s shares were down around 15% after swinging between gains and losses in premarket trading as investors initially bet the move would appease Beijing and serve as a catalyst for a revival o …
China Will Cut Reserve Ratios in Timely Way -State Media Quotes Premier
China will cut banks’ reserve requirement ratios (RRR) in a timely way to help safeguard economic stability, state media on Friday quoted Premier Li Keqiang as saying. China will implement steady …
Shineco, Inc. Intends to Acquire a Controlling Interest of Xiang Peng You Kang (Beijing) Technology Co., Ltd., a Healthcare Services Company
As a Preemptive Action to Develop Comprehensive Medical and Healthcare Services BEIJING, Dec. 03, 2021 (GLOBE NEWSWIRE) — (“Shineco” or the “Company”; NASDAQ: SISI), a producer and distributor of …
China’s Top Anti-Graft Watchdog Probing Shanghai Head of Banking and Insurance Regulator
China’s top anti-corruption watchdog said it is investigating the head of the Shanghai office of the China Banking and Insurance Regulatory Commission, Han Yi, over serious violations of party …
China’s Kaisa offer to extend maturity on $400 mln offshore bond lapses
Chinese property developer Kaisa Group Holdings Ltd has begun talks with some of its offshore bondholders over extending the deadline for a $400 million debt repayment due next week, two sources with …
China unveils pilot wealth management products for retirement savings
The first batch of pilot wealth management products aimed at retail investors looking to boost their retirement savings has been unveiled on Friday, according to China’s top banking regulator.
ADVERTISEMENT
