Insurance group FWD has delayed its $1bn Hong Kong initial public offering due to volatile market conditions, according to people familiar with the matter, the latest in a string of listings setbacks …
Tagged By business
China plans to airdrop digital Yuan to improve its economy
China plans to airdrop digital Yuan worth around $30 million to improve its economy and increase public spending.
Bitcoin rallies above $30 000 as China eases Covid curbs
The largest cryptocurrency was up 5.2% to $30 687 at 2:21 p.m. in New York, its biggest increase since May 15.
Powell to meet Biden
USD rises amid Fed speak, higher UST yields and German inflation data; Month-end also in focus; Powell to meet Biden. General trend – US markets return from ho …
Airbnb Is Closing Its Domestic Business in China. Rival Apps Are Very Popular.
China’s splintered and chaotic homestay sector features numerous local players who understand the market better than outsiders.
Richard Li-Backed Insurer FWD Said to Postpone Hong Kong IPO
FWD Group Holdings Ltd., the Asian insurer backed by billionaire Richard Li, has decided to postpone its Hong Kong initial public offering due to market volatility, according to people familiar with …
China tightens measures to prevent import of monkeypox virus via ports
China’s customs authorities have made efforts to prevent the import of the monkeypox virus through ports while the country is striving to fight against the Covid-19 epidemic …
6. China’s ‘counter-Quad’ strategy hits a major hurdle
Check today’s top 10 news stories, headline news, breaking news, latest news, politics news, sports news, entertainment news and business news on Times of India …
With Just One IPO Done, Hong Kong Sees Its Worst May In a Decade
The amount is less than 10% of the proceeds garnered by companies in mainland China and about 3% of the tally in India. READ: Richard Li-Backed Insurer FWD Is Said to Postpone Hong Kong IPO…
China reopening path sparks commodity rally
The easing of strict COVID-19 restrictions in the world’s second-largest economy galvanised commodity markets amid hopes that China’s downturn is close to ending.
China’s top court calls for blockchain to record vast number of transactions
Leases, IP rights, ownership of goods … it’s almost easier to list things the Supreme People’s Court doesn’t want on a blockchain …
China foreign business sentiment reaches ‘tipping point’ as zero-Covid dents confidence, erodes attraction
Foreign business sentiment in China has reached “a tipping point” with uncertainty denting confidence and eroding attraction for overseas talent and investment, the British Chamber of Commerce in …
China economy: manufacturing, services activity improves but remains in contraction
which measures business sentiment in the services and construction sectors, rose to 47.8 from 41.9 in April Activity in both China’s manufacturing and services sector improved in May, data released on …
