U.S. relations have plunged to their lowest level in decades amid disputes about security, technology, the coronavirus pandemic and human rights. ( read original story …)
Tagged By covid-19
Beijing says it halted $37bn Ant IPO to protect market stability
Beijing said its suspension of the $37bn listing of Ant Group, controlled by China’s richest man Jack Ma, was needed to protect the country’s capital markets as investors reeled from the eleventh-hour … ( read…
Market ties between China, U.S. set to deepen regardless of who wins White House
As the world awaited definitive results from the U.S. presidential election, Chinese investors betting on the re-election of Donald Trump sent shares of a Shenzhen-listed air traffic control software … ( read original story …)
China’s Fosun to seek approval for BioNTech’s COVID-19 second vaccine, ends trials on first
BioNTech’s Chinese partner Shanghai Fosun Pharmaceutical Group does not plan to run further clinical trials of the German firm’s coronavirus vaccine candidate that has completed early-stage trials in … ( read original story …)
‘It’s a joke’: retail investors shocked as China halts Ant Group’s IPO
Mom-and-pop investors who put in bids worth a record $3 trillion in China’s Ant group – equivalent to Britain’s annual economic output – were stunned after regulators abruptly suspended what would … ( read original…
How the oil industry and U.S.-China relationship could fare under a Biden or Trump presidency
Helima Croft, RBC Capital Markets global head of commodity strategy, and Dewardric McNeal, Longview Global senior policy analyst and a former China policy expert with the Department of Defense under … ( read original story…
China Says U.S. Sends Out Wrong Signals to Taiwan on Potential Drone Sale Deal
China’s foreign ministry said on Wednesday the United States has sent out wrong and grave signals to the so-called Taiwan military forces on the potential drone sale deal. China will take legitimate … ( read…
Explainer: What’s next for Ant after China suspends $37 billion listing?
China’s suspension of Ant Group’s $37 billion listing just days ahead of its stock market debut has thrown the company and its investors into a tailspin and it faces a scramble to try and satisfy…
Jack Ma: Ebullient Billionaire And Totem Of China’s Rise
Jack Ma, the ebullient and unconventional billionaire founder of tech giant Alibaba, now finds himself battling the ignominy of having the world’s biggest-ever IPO halted days before its launch by … ( read original story…
Rebound in China boosts BMW to third-quarter profit
German premium carmaker BMW ( BMW.DE) said on Wednesday that pre-tax profit soared by almost 10% to €2.46bn (£2.2bn, $2.87bn) in the third quarter of the year, compared to the same period in 2019. (…
China’s Fosun to end BioNTech’s COVID-19 vaccine trial, seek approval for another
BioNTech’s Chinese partner Shanghai Fosun Pharmaceutical Group does not plan to run further clinical trials of the German firm’s coronavirus vaccine candidate that has completed early-stage trials in … ( read original story …)
China Stock That Sounds Like ‘Trump Wins Big’ Surges in Shenzhen
A Chinese stock whose local language name sounds like “Trump wins big” soared in Shenzhen, repeating its performance in 2016 when he unexpectedly became U.S. President. ( read original story …)
China’s halt of Ant IPO ‘necessary’: state media
Posted . China’s shock move to suspend Ant Group’s record $37 billion listing was described as necessary and reasonab … ( read original story …)
ADVERTISEMENT
