Tag Archives: hong kong

This article is an on-site version of our The Road to Recovery newsletter. register here to receive the newsletter directly in your inbox three times a week Good evening, McDonald’s, Coca-Cola, PepsiCo, Starbucks, Unilever: The list of mainstream brands leaving Russia has accelerated in recent days, joining what a Yale …

Sanctions imposed by the United States and the European Union on Russian banks have made Russian business entities a global pariah, much like North Korea. Importers, exporters and banks in many countries are stuck with receivables, payables and exposures and there is a small fear of large defaults. But in …

Announcement: Moody’s Update on UK Sovereign Rating Calendar IssuersGlobal Credit Research – March 04, 2022New York, March 04, 2022 — Moody’s Investors Service is issuing this update regarding UK sovereign rating calendar activity scheduled for March 04 2022 to provide further clarification on UK sovereign rating activity. This update is …

SINGAPORE, March 4, 2022 /PRNewswire/ — South East Asia leading digital asset platform Zipmex today announced a strategic partnership with Polygon studiosthe famous NFT and gaming branch of the Polygon blockchain, to expand its ecosystem by launching the NFT platform Zixel by Zipmex. Tens of thousands of people from around …

SHANGHAI, March 4 (Reuters) – Chinese stocks fell on Friday amid geopolitical tensions and concerns over the property market, with investors nervously watching for hints of an easing of measures at the next congressional meeting. The CSI300 index (.CSI300) fell 0.9% to 4,509.53 at the end of the morning session, …

Traders continue to stay busy as the flurry of news from the private markets shows. Let’s dive into the big stories of the past week. The Bargain corner One of our scoops this week featured Indonesian digital payments platform Xendit, which is finalizing a new funding round worth over $200 …

India’s stock market continued its lackluster trading for the third straight session as it struggled for firm direction amid the absence of any major developments on the domestic or global front. Additionally, mixed signals from global peers also weighed on the market, with lingering concerns over Ukraine-Russia tensions and fears …

Japan’s Topix index fell 0.6%, South Korea’s Kospi index rose 1.2% and Hong Kong’s Hang Seng index rose 0.2%. While S&P 500 and Nasdaq 100 futures fell 0.2%. U.S. stock futures fell and Asian stocks were mixed on Thursday as traders weighed geopolitical concerns and the likely trajectory of Federal …

HONG KONG, Feb 15 (Reuters) – As the Bank of Japan asserts its position as a lone dove among its peers, the yen is regaining its status as the world’s most popular funding currency. The trade is risky, however, as the yen could once again become a safe haven if …

(Bloomberg) – U.S. hospital admissions for Covid-19 are falling in 34 states and the nation’s capital, easing healthcare staffing crises that were widespread at the start of the year. Bloomberg’s Most Read New studies are emerging that suggest the latest version of omicron spreads even faster than the original, and …

BEIJING (AP) — China has seen historic changes since it last hosted the Olympics in 2008: It is wealthier, more heavily armed and openly confrontational. As President Xi Jinping’s government prepares for the Winter Olympics in February, it has more leverage to exert influence overseas and resist complaints from the …

Shares on Wall Street ended higher on Monday after investors took advantage of a sharp decline early in the session to snap up discounted stocks. The S&P 500 index stock gained 0.3%, reversing a midday decline of up to 4%. At its lows, the blue-chip U.S. benchmark was more than …

Hello. This article is an on-site version of our FirstFT newsletter. Subscribe to our Asia, Europe/Africa Where Americas edition to send it straight to your inbox every morning of the week The United States said Moscow’s efforts to destabilize Ukraine were “part of the Russian playbook” after the United Kingdom …

(Bloomberg) — The battle between fear and greed is wreaking havoc on Chinese financial markets. Bloomberg’s Most Read With China bulls finally getting some vindication as the country’s stocks and bonds rally, the past week shows that investors need to be prepared for wild swings. Take Country Garden Holdings Co., …

BANGKOK (AP) — Stocks were mixed in Asia on Monday after China reported its economy grew at an annual rate of 8.1% in 2021, though growth slowed to half that level in the last quarter. . Tokyo, Shanghai and Sydney rose, while Hong Kong and Seoul fell. The weakness of …

(Bloomberg) – The threat of the omicron variant is becoming real for many of Asia’s biggest countries, just as it looks set to ease in some Western countries, making it harder for investors to find winning bets on actions in the region. Bloomberg’s Most Read The problem is that Asian …

As uncertainty mounts over the future of China’s real estate market, a bank now appears to be caught up in the crisis. Founded in 1996, shares of China Minsheng Banking Corp have now fallen due to its loans to debt-ridden companies such as China Evergrande. Over the past year, the …

– HMPL-760 is the eleventh innovative oncology drug candidate discovered internally by HUTCHMED – – HMPL-760 is HUTCHMED’s fifth candidate in clinical development for hematologic malignancies, including amdizalisib and HMPL-523 which also target the B cell receptor (“BCR”) signaling pathway, as well as tazemetostat and HMPL-306 – HONG KONG and …

SHANGHAI / HONG KONG (Reuters) – Chinese developer Shimao Group defaulted on a loan after missing a payment of 645 million yuan ($ 101 million), the lender said in a letter seen by Reuters on Thursday in the last sign of distress in China’s property sector. China Credit Trust Co …

Sensex and Nifty extend their earnings through heavyweights in banking and finance; CMS Info Systems lists at Rs 218.25 a pop | Photo credit: iStock images India’s benchmark stock indexes extended their gains after starting the last day of the year on a positive note, supported by gains in heavy …

Leading companies in the environmental consulting services market include Jacobs Engineering Group Inc., Tetra Tech Inc., Arcadis NV, Sweco AB, Stantec Inc., John Wood Group PLC, Suez Environnement SA, Environmental Resources Management, WSP Global Inc. New York, December 30, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the report …

(Bloomberg) – The giant ad queue in Asia next year includes the world’s second-largest battery maker in Seoul and an insurer with more than 1.2 million agents and 100,000 employees in Mumbai. Chinese issuers’ mega-operations in Hong Kong, meanwhile, may take some time to resume. Bloomberg’s Most Read India and …

(Bloomberg) – After a record year of stock quotes, Asian companies may struggle to repeat success in 2022 given the prospect of rising interest rates and China’s tightening grip on big technologies. Bloomberg’s Most Read Thanks to a meteoric first half in the midst of a global boom, initial public …

December 16, 2021 – release at 7:30 am CET Sophia Antipolis, France Nicox SA (Euronext Paris: FR0013018124, COX), an international ophthalmology company, today announced that the first patient has been screened in China as part of the ongoing Denali Phase 3 clinical trial, paving the way for submissions new drugs …

December 11, 2021 ESINCE At the start of the trade war between America and China, investors, politicians and businesses tried to gauge how well and how quickly the world’s two largest economies will decoupling. The finance model is clarified with the announcement that Didi Global, a Chinese ridesharing company, is …

BANGKOK (AP) – European stocks and US futures rose on Monday after a lackluster day in Asia, where stocks fell in Hong Kong and Shanghai after struggling Chinese real estate developer Evergrande warned it could running out of money. Take action to reassure investors and avoid blocking growth, The central …

HANGZHOU, China and SHAOXING, China, December 3, 2021 / PRNewswire / – Ascletis Pharma Inc. (HKEX: 1672) today announced that its all-oral direct anti-hepatitis C virus (HCV) ASCLEVIR® (Ravidasvir) / GANOVO® (Danoprevir) has been included in the Catalog of medicines for basic national health insurance, occupational accident insurance and maternity …

By Alun John HONG KONG (Reuters) – Asian stocks edged up in choppy trading on Thursday, helped by advances in Chinese real estate stocks, although fears over the Omicron variant of the novel coronavirus have capped gains regionally. Remarks by Fed Chairman Jerome Powell also weighed on stock markets, reiterating …

New Delhi: Low vaccination rates against Covid-19 disease in Asia-Pacific countries, including India, could add to the existing risk to the economic recovery, according to a new analysis from Moody’s Analytics. Countries like India, Myanmar, Laos, Indonesia, Hong Kong, Thailand, the Philippines and Vietnam have so far vaccinated less than …

This article is an on-site version of our #techFT newsletter. Register now here to receive the complete newsletter directly to your inbox every day of the week “EBay is a shark in the ocean, but I am a crocodile in the Yangtze River. If we fight in the ocean we …

November 27, 2021 IF YOU WANT To understand how Asia’s view of the world order has changed, consider the remarks of Lee Hsien Loong, Prime Minister of Singapore. When asked recently if China is on the rise and the United States is on the decline, he responded in a nuanced …

Malaysia: Covid-19 watch: 5,097 new cases bring the total to 2,619,577 Covid-19: most of 5,097 new cases are asymptomatic, have mild symptoms, according to DG Health Covid-19: Ministry of Health is closely monitoring WHO and other countries on Omicron variant, according to Khairy Johor MB hopes the number of people …

DUBLIN, November 26, 2021 / PRNewswire / – The report “Asia-Pacific Self Storage Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)” has been added to ResearchAndMarkets.com offer. Research and Markets logo The Asia-Pacific self-storage market is expected to register a CAGR of 13.12% during the forecast period …

GUANGZHOU, China, November 26, 2021 (GLOBE NEWSWIRE) – EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the global leader in autonomous aerial vehicle (“AAV”) technology platforms, today Hui announced that it will release its unaudited financial results for the third quarter ended September 30, 2021 on Thursday, December 2, …

TIT ECONOMICAL Vietnam’s development now has a permanent monument in one of the world’s most prestigious learning locations. After a $ 207 million investment announced earlier this month by Sovico, a Vietnamese holding company, Oxford University’s Linacre College (for graduate students) is set to be renamed in honor of Nguyen …

VANCOUVER, BC / ACCESSWIRE / November 24, 2021 / The pandemic has accelerated the digitization of people’s lives. According to a recent UNCTAD report, by 2022, global internet traffic is expected to exceed all previous internet traffic combined through 2016. About 80% of this traffic is associated with video sharing …

“We must actively and steadily push forward land tax legislation and reform, and carry out the pilot projects well,” President Xi Jinping said in August when he explained his vision of leading the Chinese people to the so-called common prosperity, with the property tax being one of the main objectives. …

(Bloomberg) – Asian stocks were flat and US futures rose as traders weighed in on European Covid brakes and the risk of a faster Federal Reserve cut. The Treasury yield curve was almost the flattest since the start of the pandemic. Bloomberg’s Most Read Shares fell in Japan on Monday …

Hong Kong’s shares in Alibaba fell 10% on Friday, a day after the Chinese e-commerce giant forecast annual revenue to grow at its slowest pace since its stock market debut in 2014. The group’s shares listed in New York fell more than 11% on Thursday. Alibaba’s second quarter results fell …

By Julie Zhu and Kane Wu HONG KONG (Reuters) – It was supposed to be Jack Ma’s best hour: a year ago to the day, his group Ant was set to go public in a $ 37 billion torch of glory. Instead, Beijing has put the brakes on its empire, …

SHANGHAI and HONG KONG, November 2, 2021 / PRNewswire / – Antengene Corporation Limited (“Antengene”, SEHK: 6996.HK), a leading innovative biopharmaceutical company dedicated to the discovery, development and commercialization of world-leading and / or world-leading therapeutics Order in Hematology and Oncology, today announced that from China The National Medical Products …

On Tuesday, the northwestern city of Lanzhou, with a population of more than 4 million, entered quarantine after only six new daily cases of Covid-19 were reported there. To date, Lanzhou has registered 68 cases related to the latest outbreak. And that approach looks set to stay, at least for …

SHANGHAI (Reuters) – Unauthorized online brokers in China carry out illegal activities if they serve Chinese clients via the Internet, a Chinese central banker said, in the first official comment on recent reports pointing out the regulatory risks facing them companies such as Futu Holding, listed in the United States. …

Nation must break with archaic naming conventions and use “Taiwan” in the Comprehensive and Progressive Agreement on Trans-Pacific Partnership (CPTPP), said former finance minister and the country’s first ambassador to the WTO Yen Ching -chang. ‘Liberty Times’ (sister newspaper of the ‘Taipei Times’). He spoke about the history of Taiwan’s …

Over the past year, the narrative surrounding central bank digital currencies (CBDCs) has advanced significantly. From an almost entirely conceptual discussion, CBDCs are now in various stages of research and development to determine how they might work in practice. The Chinese digital yuan is currently leading the pack. After several …

DUBLIN, October 11, 2021 / PRNewswire / – The report “Fetal Surveillance Market Research Report By Portability, By Application, By End User, By Product, By Region – Global Forecast To 2026 – Cumulative Impact Of COVID-19” has been added to ResearchAndMarkets.com offer. Research and Markets logo The global fetal surveillance …

Chinese developer requests extension of bond period William Langley in Hong Kong Another Chinese developer has said it may struggle to meet a bond repayment deadline, as it has announced it will seek to delay repayment of a $ 250 million bond for three months, adding to fears that the …

It has been over a year since China began flexing its economic muscles in an attempt to bend Australia’s political will over their increasingly bitter bilateral disputes. This was in response to Australia accusing its largest trading partner of the following: interference in its internal politics; not being honest about …

HONG KONG (Reuters) – Two Hong Kong real estate agencies are suing heavily indebted China Evergrande group over unpaid commissions, court filing and news reports say, putting pressure on the developer as he scrambles to raise funds and avoid a collapse. Centaline filed a lawsuit against Evergrande in September to …

(Bloomberg) – Asian stocks fell, led by Japan and Korea, as surging commodity prices fueled concerns about global inflation. Bloomberg’s Most Read The MSCI Asia-Pacific Index fell as much as 1.7% on Tuesday in its third day of decline, with technology being the worst performing sector. Japan’s Nikkei 225, South …

HONG KONG – Strengthening its environmental credentials, Hong Kong’s de facto central bank recently donated 100 green and pink lunch boxes to its employees in a bid to reduce plastic waste and raise awareness of environmental issues. But the Hong Kong Monetary Authority does more than just hand out food …

The China Evergrande logo is seen outside the China Evergrande Center building in Hong Kong, China on September 23, 2021. REUTERS / Tyrone Siu / File Photo Oct 3 (Reuters) – Hong Kong’s exposure to debt-laden developer China Evergrande Group (3333.HK) is “very minimal” at 0.05%, or HK $ 14 …

A low-key celebration took place in London last month. It marked the 10th anniversary of the Carbon Bubble report, published by the Carbon Tracker Initiative think tank, which has become one of the most influential arguments against the burning of fossil fuels. The starting point for the report was further …

Banned by China, facing a crackdown in South Korea and further restrictions in Hong Kong, the cryptocurrency industry has taken hold of Singapore as an unlikely Asian alternative. The country of 5.5 million people has long relied on financial services to fuel its $ 344 billion economy, and it is …

October 2, 2021 WIT IS HIS fast trains, super apps, digital payments and techno-surveillance, China may appear to be a vision of the future. But for some academics, like Yuen Yuen Ang of the University of Michigan, it is also reminiscent of the past. Its accumulation of wealth and elaborate …

(Bloomberg) – As the Covid-19 vaccine rolled out, Chinese fire saved countless lives. They launched inoculation programs in Asia, Latin America, and the Middle East, while richer countries racked up scarce mRNA injections from Pfizer Inc. and Moderna Inc. Bloomberg’s Most Read But many governments that once relied on vaccines …

“The launch of OCG-C underscores HKEX’s commitment to leveraging the latest technologies to create reliable, resilient and efficient platforms and processes. Hong Kong Exchanges and Clearing Limited (HKEX) launched Orion Central Gateway – Securities Market (OCG-C), offering improved performance and reduced latency, compared to the platform provided by the vendor …

China and the EU are expected to publish the first set of common classification standards for sustainable finance by the end of this year, an initiative that aims to facilitate the issuance of green bonds and other investment products. of this type in foreign markets, according to Chen Yulu, deputy …

AUSTRALIA Brendan O’Farrell, managing director of industrial super fund Intrust, said he would leave the fund after its merger with Hostplus ends. The AU $ 2.6 billion (AU $ 1.89 billion) fund confirmed in June that it was in talks with Hostplus for a merger, which would form a fund …

Surveillance cameras are seen outside the building of the China Banking and Insurance Regulatory Commission (CBIRC) in Beijing, China on December 13, 2018. Photo taken on December 13, 2018. REUTERS / Stringer BEIJING, Sept.27 (Reuters) – China’s banking and insurance regulator on Monday issued an advisory encouraging the sale of …

Major Asia-Pacific stock indices ended mixed but mostly down on Friday as investors continued to approach trade with caution amid lingering risks surrounding the China Evergrande group. Meanwhile, investors in Japan turned the tide, pushing the Nikkei benchmark higher on strong gains from Fast Retailing and Softbank Group. Japan’s Nikkei …

Tokyo, Japan – (Newsfile Corp. – Sep 25, 2021) – Recently, Dr Plant walked into the flagship store of COSME, the largest cosmetics specialty store in Tokyo, Japan, where “Chinese Alpine Plants” again attracted great attention. With the continuous development of the Chinese economy, more and more brands are embarking …

(Bloomberg) – Almost three years after her arrest at a Vancouver airport, Huawei Technologies Co. financial director Meng Wanzhou left Canada on a flight to China on Friday afternoon, according to a person familiar with the matter. Bloomberg’s Most Read Meng, who had struck a deal to end the U.S. …

The days and weeks to come will be critical. While Evergrande has a grace period of up to 30 days on an interest payment of nearly $ 84 million that was due Thursday, it is expected to make a payment on another bond next week. Here’s what you need to …

S&P Global Market Intelligence features our top picks of banking news and other articles published throughout the week. Please note that some entries may contain links to third party sources requiring subscription. Central bank actions, regulatory policies and more * The New Zealand central bank is continuing its plan to …

Richard Li, Hong Kong businessman and youngest son of tycoon Li Ka-shing, signals as he arrives to vote in the election of the next Hong Kong general manager in Hong Kong, China on March 26, 2017 . REUTERS / Bobby Yip September 23 (Reuters) – Insurance company FWD Group Holdings …

(Bloomberg) – US stocks rose the most since July, as concerns over China Evergrande Group’s debt problems eased ahead of the Federal Reserve’s policy move on Wednesday. T-bills and the dollar have changed little. Bloomberg’s Most Read The S&P 500 climbed to 1.3%, led higher by the energy and financials …

Lost in the whirlwind of media coverage on Afghanistan last month, brilliant news featuring Afghan families, including dozens of children holding pink or white teddy bears, has rolled out of the international airport in Incheon in South Korea on August 26. They were among 391 Afghans flown from Kabul by …

“Matt is a highly regarded structured finance lawyer, both in the Chicago market and nationwide, and we are delighted to welcome him to the company, ”said Cathy Birkeland, Managing Partner of the Chicago office. “by Latham Chicago office provides the full spectrum of transactional capabilities on complex domestic and cross-border …

SINGAPORE – Newsfile Corp. – September 17, 2021 – Raffles Financial Group Limited (CSE: RICHE) (FSE: 4VO) (OTCQX: RAFFF) (“RFG“or the”Society“) entered into a definitive share purchase agreement on September 15, 2021 (the”Share purchase contract“) to acquire all of the outstanding share capital of Alto Vencap Pte. Ltd. (“A V“), …

GUANGZHOU, China, September 18, 2021 / CNW / – The administrative organizations of the Guangdong-Macao Deep Cooperation Zone were inaugurated on September 17. It is an unprecedented move to involve a special administrative region (SAR) in the governance of an area on the Chinese mainland, according to a report by …

As Beijing moves forward with a sovereign digital currency and a national blockchain network, Hong Kong’s fintech community is using the city’s role as a bridge between mainland China and the rest of the world to seize opportunities for innovation. . China has been at the global forefront of developing …

Recap: European and emerging markets were mixed on Friday as investors and global traders assessed the prospect of a reduction in US Federal Reserve stimulus and the risks of a likely default from the Chinese real estate developer riddled with Evergrande debts. The SET index traded in a narrow range …

By Alun John HONG KONG, Sept. 17 (Reuters) – Asian stocks stabilized early in Friday after losses earlier in the week, but China’s nervousness and worries about global growth weighed on the minds of investors, while the dollar approached its highest level in three weeks. The MSCI’s largest Asia-Pacific stock …

A new stock exchange slated for Beijing could be a potential alternative for emerging Chinese tech companies that may consider going public through Special Purpose Acquisition Companies (SPACs), especially as China is monitoring listings more closely. overseas in the sector, according to an influential trade group and market watchers. Unveiled …

VSTHE ECONOMY OF HINA planners want more home-made semiconductors, but they’re not happy with producing more chips just at home. They want to bring the entire supply chain, from raw materials and chippers to labor and capital, ashore. Tens of thousands of companies have established microchip businesses in the past …

The Finnish Hong Kong Chamber of Commerce invites you to participate in Beach Cleanup Day 2021, hosted by the FinnCham Sustainability Committee at Pui O Beach in Lantau on September 18. Learn more about the event: It’s time to clean up and contribute to our society! Let’s save our Earth …

By Andrew Galbraith (Reuters) -Fitch Ratings lowered the ratings of China Evergrande Group and two of its subsidiaries on Wednesday, the latest in a series of downgrades targeting the real estate company amid concerns over its ability to restructure its massive debts. Regulators have warned that Evergrande’s liabilities of 1.97 …

Recap: US equity futures rose yesterday as European markets were mixed as investors watched key Eurozone economic indicators and waited for a US jobs report that could determine when the Federal Reserve will begin to close. withdraw its economic stimulus. Most Asia-Pacific stocks edged up while Chinese stocks declined amid …

(Bloomberg) – Despite China’s regulatory crackdown on private companies and the China Evergrande group’s worsening woes, the nation was the place to go in Asia for corporate bond yields in August, and the optimism could persist. That’s because one of the worries hanging over the nation’s bond investors eased after …

ATLANTA, August 24, 2021 / PRNewswire / – PrimeRevenue, Inc., the leading provider of technology-based working capital solutions, and IFS Capital Limited (“IFS Capital”) announce a new strategic partnership designed to meet the trade finance needs of large and medium-sized enterprises in the South East Asia. Supply chain finance is …

Former ANZ chief Mike Smith’s greatest legacy has been his aggressive push into Asia. Hired by HSBC in 2007, Smith wanted to expand ANZ’s global presence and commissioned Whelan to develop the institutional bank. Loading Whelan was sent to Singapore at the height of the global financial crisis, when large …

(Bloomberg) – The overhaul of tutoring companies in China has triggered a few volatile weeks for both onshore and Hong Kong stock markets, leaving investors on edge. After heavy losses, traders are looking for what regulators might target next as Beijing tightens its grip on a range of sectors from …

HONG KONG, China, July 23, 2021 / PRNewswire / – BIT Mining Limited (NYSE: BTCM) (“BIT Mining” or “the Company”), a leading cryptocurrency mining company, today announced its decision to eliminate its structure from variable interest entity (“VIE”) and sell its Chinese lottery-related activities for nil consideration. BIT Mining’s consolidated …

(Bloomberg) – Six months after being kicked from the New York Stock Exchange, China Telecom Corp. has received regulatory approval for a major share sale in Shanghai that is expected to be the largest in the world to date in 2021. The plan to raise 54.4 billion yuan ($ 8.4 …

July 24, 2021 THEAST YEAR Many countries in Southeast Asia have been praised for avoiding large epidemics of covid-19, even though they saw a sharp decline in production. They did not come out unscathed this year. While widespread vaccination can limit the spread and severity of the Delta variant across …

Lehi, Utah, July 22, 2021 (GLOBE NEWSWIRE) – New U Life Corporation, a health supplement company that creates products to help individuals achieve full body health, recently launched its SomaDerm® gel in Japan. NFR (not for retail) market. Ryan Linton, Executive Director of New U Life, said: “We are delighted …

Welcome to Herbert Smith Freehills monthly updates on the Asian Wealth Management Industry. Each month, we survey ten Asian jurisdictions on legal developments regarding trust and estate planning of interest to the private wealth industry, and provide a succinct summary in tabular form. The jurisdictions covered by the update are …

(Bloomberg) – Asian stocks and US futures fell on Monday amid concerns over the impact of the Covid-19 outbreaks and high inflation on the economic outlook. T-bills soared and oil slipped after an OPEC + supply deal. Stocks fell across the region, with Japan and Hong Kong underperforming. China opened …

(Bloomberg) – Asian stocks were mixed on Thursday as traders digested a slowdown in Chinese growth along with the signal from Federal Reserve Chairman Jerome Powell that more US economic progress is needed before stimulus measures can be reduced. Crude oil has slipped. Shares fell in Japan, stabilized in China, …