Sat, 04-Jul-2020

China

China Puts Final Satellite into Orbit to Try to Riva...

China on Tuesday successfully put into orbit its final Beidou satellite, completing a navigation network years in the making and setting the stage to challenge the U.S.-owned Global Positioning System (GPS). ... June 23, 2020 12:50 pm By Neha Mule

China’s JD.com Raises Almost $4bn in Hong Kong Sha...

China’s second largest online retailer JD.com has raised almost $4bn (£3.2bn) after making its Hong Kong Stock Exchange debut on Thursday. Its shares jumped by more than 5% after listing, marking the... June 18, 2020 10:52 am By Neha Mule

China Finalizes New IPO Rules for Shenzhen’s ChiNe...

China has finalised new rules for companies looking to list on Shenzhen’s ChiNext board, streamlining the listing process and allowing IPO pricing to be fully determined by the market. Shenzhen Stock Exc... June 13, 2020 12:18 pm By Neha Mule

China’s Zijin Mining to Buy Guyana Goldfields for ...

China’s Zijin Mining said on Friday it would acquire Guyana Goldfields for C$323 million ($238 million), bringing an end to a protracted takeover battle for the Canada-listed gold miner. Toronto-based... June 12, 2020 1:16 pm By Neha Mule

TSMC Says Could Fill Order Gap if Unable to Sell Chi...

Taiwan Semiconductor Manufacturing Co Ltd (TSMC) could quickly fill any order gap should U.S. restrictions against Huawei Technologies Co Ltd. prevent sales to the Chinese firm, the company’s chairman said o... June 9, 2020 9:05 am By Neha Mule

Hong Kong Govt to Lead $5 Billion Rescue Package for...

Cathay Pacific Airways Ltd announced on Tuesday a recapitalisation plan worth HK$39 billion ($5.03 billion) led by the Hong Kong government to help it weather the coronavirus pandemic. The government w... June 9, 2020 7:36 am By Neha Mule

Didi Chuxing CEO Says Ride Sharing Orders Recover to...

Didi Chuxing, China’s biggest ride-hailing company which counts SoftBank as a backer, saw its ride sharing orders in China this month recover to levels seen over the same period a year earlier, its founder a... June 8, 2020 12:23 pm By Neha Mule

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