JD Health, the healthcare arm of e-commerce giant JD.com, is looking to raise up to US$3 billion via an initial public offering in Hong Kong later this year, according to people familiar with the ……
Tagged By beijing
Trump faces a bigger decision than TikTok — What to do about China’s WeChat
The Commerce Department is scheduled to decide by Sunday which U.S. transactions with WeChat to ban under an e xecutive order President Trump issued Aug. 6, when he called TikTok and WeChat threats to ……
ByteDance floats US IPO for TikTok in effort to win White House approval
A TikTok IPO would likely mark the largest tech IPO in recent years. The company was recently valued at about $50 billion in private funding rounds. ( read original story …)
UBS Group Plans to Boost Asset Management Business in China
UBS Group AG UBS is mulling to use the new relaxed regulations in China to its advantage by strengthening its asset management business. The news was reported by Bloomberg. Chinas … ( read original story…
Ant Group gets the green light for mega IPO in Shanghai’s Star Market as China pulls out all stops to help tech champions raise funds
Shanghai’s speedy approval of Ant Group’s IPO paperwork showcases China’s eagerness to attract fast-growing technology companies to its markets as it competes with the US for technological supremacy. ( read original story …)
UPDATE 1-China eases cross-border yuan policy to help trade and investors -c.bank
China will make it easier for firms to make cross-border yuan settlements on foreign trade, and relax some curbs on foreign investment, the central bank said on Friday, as part of steps to support ……
China flies 18 warplanes near Taiwan during US envoy’s visit
Taiwan’s defense ministry says China flew 18 warplanes including fighter jets near Taiwan in an unusually large show of force as a U.S. envoy held talks with officials on the self-governing island … ( read…
U.S.-China investment flows hit their lowest in 9 years as companies feel the pressure to pull out
The decline continues a trend of the last three years, reversing a flurry of mergers and acquisitions by Chinese conglomerates in the U.S. that included purchases such as the Waldorf Astoria in New … (…
China’s yuan is rallying sharply against the dollar — and analysts say there’s room to run
The Chinese yuan strengthened sharply against the U.S. dollar this week, following gains seen in recent months as the country’s economy recovers and the greenback weakens. ( read original story …)
ByteDance mulls TikTok IPO to clinch U.S. agreement
ByteDance is planning a U.S. IPO of TikTok Global, a new company that will operate the popular video app, should its deal be cleared by the U.S. government. ( read original story …)
E-Business Expo China opens in Hangzhou
Business Expo, the Zhejiang International Digital Trade Fair and the 11th Zhejiang Business Service Fair opened at the Hangzhou International Expo Center. Co-organized by the Hangzhou Municipal People … ( read original story …)
China worries that Trump, facing a tough election, may provoke a new fight
Fears are growing that the president could recognize Taiwan or order a military strike against islands in the South China Sea. ( read original story …)
TikTok’s Owner Is Getting Surer Beijing Will Okay U.S. Deal
(Bloomberg) — TikTok-owner ByteDance Ltd. is getting more confident its envisioned alliance with Oracle Corp. will pass muster with China’s regulators, a critical step in the political clash over the … ( read original story…
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