China’s Kingsoft Cloud Holdings Ltd KC.O said on Monday it aims to sell up to $450 million in stock in a U.S. initia … ( read original story …)
Tagged By ipo
National security and global health experts are increasingly concerned China will develop a coronavirus vaccine first
As Trump adopts an increasingly hardline stance toward Beijing, the US could be at a major disadvantage if China comes up with a vaccine first. ( read original story …)
IPO Launch: Kingsoft Cloud Holdings Seeks $425 Million In U.S. IPO
KC has produced strong revenue growth but no significant gross profit and continues to generate large operating losses and operational cash burn. ( read original story …)
Even a pandemic hasn’t stopped the military competition in the South China Sea
The US and China have kept a robust operational pace in the South China Sea despite the coronavirus and aren’t likely to slow once the pandemic fades. ( read original story …)
Stocks Fall on Recovery Fears and China Tensions: Live Updates
Stocks on Wall Street slid on Monday, following a drop in Europe and Asia, as investors remained on edge about the severity of the economic downturn. The S&P 500 fell about 1 percent at the…
Lab equipment company Avidity Sciences to establish operations in China
Avidity is a portfolio company of Minneapolis-based private equity firm Shoreview Industries, which invested in Avidity in 2016. ( read original story …)
Global markets dive as the US ratchets up tensions with China over the coronavirus
Although markets were closed in China and Japan Monday, stocks in Hong Kong and Europe plunged on the renewed tensions. ( read original story …)
Global Markets Fall on Recovery Fears and China Tensions: Live Updates
Global markets on Monday were pointing to a downbeat beginning to the week, with stocks falling and futures markets predicting a negative opening for Wall Street. Markets in France and Germany opened … ( read…
Coronavirus update: Global case tally passes 3.5 million; Trump and senior officials continue to lash out at China
The number of cases of the coronavirus that causes COVID-19 climbed above 3.5 million on Monday, as President Donald Trump and senior members of … ( read original story …)
IPO Update: Kingsoft Cloud Holdings Proposes IPO Terms
Kingsoft Cloud Holdings aims to raise $425 million in a U.S. IPO. The company provides a range of software and services to assist Asia-based enterprises in tran … ( read original story …)
Demand for smartphones in China is starting to comeback post coronavirus: Micron exec
Micron strikes a bullish tone on the pace of economic recovery in China following the worst of the coronavirus. ( read original story …)
US Warns Of ‘Consequences’ If China Abandons Trade Deal
US Treasury Secretary Steven Mnuchin said Monday he expects China to uphold a trade deal reached with Washington this year, and warned of “consequences” if the country did not. The comments come amid … (…
China Market Update: Trade Tensions Lead To Risk-Off
Key News Asian equities cratered today on threats of new US tariffs as US-China tensions led to a risk-off day. ( read original story …)
