The city should regain bragging rights as a top three IPO market in 2023 as stable markets and reforms fill its deal pipeline, PwC report says Hong Kong has fallen to fourth globally in 2022,…
Tagged By business
China’s COVID Plan Is Threatening Disaster Once Again
Now some mayors—who national leaders have authorized to set local rules on crowds, business capacity, travel, mask-wearing and testing—are easing up on some COVID-related restrictions. While many …
Wall Street CEOs funding China’s military and human rights abuses. Here’s why
If Wall Street really cared about responsible investing, they wouldn’t turn a blind eye to China’s human rights abuses, genocide and military aggression.
China’s trade likely shrank further in November as external, local demand weakened: Reuters poll
China’s exports and imports likely contracted further in November due to weakening global demand, production disruptions and waning demand at home amid widespread pandemic controls, a Reuters poll …
Blockchain-based Avalanche to support Alibaba Cloud’s Asian infrastructure services
According to Cointelegraph, Avalanche’s partnership with Alibaba Cloud is expected to ensure the development of tools to permit users to launch validator nodes on Asian Avalanche’s public blockchain p …
Crypto’s biggest losers: Meet billionaires who lost the most in 2022
It’s not been an easy year financially for crypto billionaires. The market suffered a trillion-dollar crypto crash. This resulted in thousands of lawsuits as investors attempt to recoup their lost …
Spicy! Weilong Delicious kicks off IPO
Chinese spicy snack food maker Weilong Delicious Global Holdings … CICC, Morgan Stanley and UBS are sponsors, global coordinators, bookrunners and lead managers on the IPO. BNP Paribas and Futu …
Morgan Stanley upgrades China stocks as global investors cheer on Covid reopening hopes
Global traders are increasingly feeling more bullish on China, as they bet the country will gradually unwind Covid restrictions following widespread protests.
China stocks surge, yuan jumps past 7 per dollar after COVID curbs eased
“The China reopening trade maintained its strong momentum in the beginning of this week. The positive headlines continued to fuel risk sentiment in China,” said Ken Cheung, Chief Asian FX Strategist …
China’s Covid pivot may be damned by faint praise
Beijing’s abandonment of its draconian zero-Covid policy has reassured markets and calmed protesters, but it may not do much for the economy. It is one thing to stop harsh lockdowns and ease travel …
Oil prices rise after OPEC+ keeps output cut targets, China eases COVID curbs
SINGAPORE -Oil prices edged up on Monday after OPEC+ nations held their output targets steady ahead of a European Union ban and a price cap kicking in on Russian crude. At the same time, in…
China eases virus controls, but gives no indication of end to ‘zero Covid’
Commuters in Beijing and at least 16 other cities were allowed to board buses and subway trains without a virus test from the previous 48 hours.
Chinese court says NFTs are virtual property protected by law
Chinas Hangzhou Internet Court was faced with a civil lawsuit where it had to “confirm the legal attributes” of nonfungible tokens (NFTs) and found the asset class was “virtual property” subject to …