HONG KONG, Nov 18 (Reuters) – Moody’s Corp (MCO.N) is shutting its China consulting business and is laying off people associated with the unit in multiple locations across the country, two people with …
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Sunshine Insurance Said to Win HKEX Approval for $1 Billion IPO
The Beijing-based company may start taking investor orders by end of this month at the earliest, the people said, asking not to be identified as the information is private. Sunshine Insurance filed …
Alibaba says 15% of China delivery areas were disrupted during Singles Day shopping festival
related investing news Nvidia’s results suggest its gaming business is close to a bottom, analysts say Samantha Subin 17 hours ago Disruptions affected nearly 15% of delivery areas in China starting …
Reassessing the future role of China in world aviation: part one – it will not be business as usual
When China emerges from its COVID hibernation it will be a different aviation force. It will not be business as usual. The world has changed greatly since Jan-2020; and China has changed too.
JPMorgan says these global travel stocks are poised to pop as China eases Covid restrictions
That’s after China announced last week that it would decrease quarantine … A Division of NBCUniversal Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial …
U.S. regulator warns of pump-and-dump IPOs, many from China
NEW YORK (Reuters) – The U.S. Financial Industry Regulatory Authority (FINRA) warned on Thursday it was seeing a number of small initial public offerings (IPOs), including many from China, which …
Once Touted Biggest IPO Of All Time, Alibaba’s Fintech Affiliate Ant Financial Suffers 63% Profit Decline
Its consumer finance unit raised CNY10.5 billion in a scaled-down capital boost from investors after China Cinda Asset Management Co unexpectedly backed out. Read: The Ant Financial IPO Is Xi …
U.S. IPO price pops prompt fraud and ‘pig butchering’ warnings
There has been a spate of unusual post-IPO price pops this year, including many China-to-U.S. offerings, such as Magic Empire Global (MEGL.O), which soared over 5,000%, and fintech AMTD Digital, which …
China’s state blockchain infrastructure Xinghuo BIF partners Malaysian MyEG to fuel global push
China’s state blockchain infrastructure Xinghuo Blockchain Infrastructure and Facility (Xinghuo BIF) has signed an agreement with Malaysian digital service provider MY E.G. Services Berhad (MyEG) to …
Even as kids’ deaths blamed on COVID restrictions, China responds to soaring cases with more quarantine beds
Despite anger vented online over the draconian measures, officials in one major city with cases soaring said they’d build quarantine space for 250,000 more people.
Moonshot again: US, China exploring moon to create business opportunities
The US has moved ahead of proposed UN regulation on commercial exploitation/exploration of space, and its launch on Wednesday of Artemis 1 – the first of three missions to put humans back on the moon…
Could Hong Kong really become China’s proxy in crypto?
Could the harbor, home to seven million inhabitants, inherit this role in relation to the crypto industry, becoming a proxy for mainland China’s experiments with crypto? An impulse to such questioning …
China’s Confirmation For No Money For Terror Conference Awaited: Report
As the third edition of the ‘No Money For Terror’ Ministerial Conference is beginning from Friday, India on Thursday said confirmation from China is still awaited while Pakistan and Afghanistan are …
