Edition:
United States

Jennifer Hughes

China to ask Wall Street for ideas on improving U.S. ties

Sep 14 2018

HONG KONG China will ask Wall Street firms for ways to improve ties with the United States and suggestions to open up its financial sector at a day-long meeting in Beijing on Sunday, people familiar with the matter said.

JD.com investors spooked by 'key man risk' after CEO accused of rape

Sep 07 2018

HONG KONG/SHANGHAI A U.S. police investigation into an allegation of rape against JD.com Inc CEO Richard Liu has hammered the e-commerce giant's shares, with the case laying bare risks posed by his iron grip on management and the lack of other leaders to challenge him. | Video

ANALYSIS-JD.com investors spooked by "key man risk" after CEO accused of rape

Sep 06 2018

HONG KONG/SHANGHAI, Sept 6 A U.S. police investigation into an allegation of rape against JD.com Inc CEO Richard Liu has hammered the e-commerce giant's shares, with the case laying bare risks posed by his iron grip on management and the lack of other leaders to challenge him.

Exclusive: FTSE Russell may give mainland China stocks more weighting than MSCI

Aug 10 2018

HONG KONG Index provider FTSE Russell could give a greater weighting to mainland Chinese stocks than rival MSCI if it decides to include them in its flagship indices next month, its chief executive told Reuters.

Hong Kong's IPO market braces for China Tower debut after string of poor starts

Aug 07 2018

HONG KONG Hong Kong is readying to host the world's biggest initial public offering (IPO) in two years on Wednesday, as China Tower Corp Ltd debuts in a market with record IPO numbers but where recent floats have struggled to maintain issue prices.

Veon exits Western Europe with debt-reducing Wind Tre sale

Jul 03 2018

AMSTERDAM/HONG KONG Veon will sell out of Italian mobile network Wind Tre for 2.45 billion euros ($2.85 billion) in an exit from Western Europe the Amsterdam-based firm says will help it cut debt and focus on emerging markets.

Chinese online group Pinduoduo files for U.S. IPO

Jul 02 2018

HONG KONG Chinese online group discounter Pinduoduo has filed with US authorities for an initial public offering (IPO) which, according to IFR, could raise up to $1 billion.

China battery maker CATL closes limit-up on stock market debut

Jun 11 2018

SHANGHAI Shares in China's biggest lithium battery maker Contemporary Amperex Technology Ltd (CATL) soared 44 percent on their debut in Shenzhen on Monday, helped by investors seeking to benefit from a government policy to embrace clean energy.

As bitcoin world wobbles, mining rig company plans $2 billion IPO

May 21 2018

HONG KONG Bitcoins are worth less than half of what they were in December. Mining them is 60 percent less profitable than it was in 2017. Even retailers of hobbyist mining rigs say they are seeing fewer customers.

MOVES-Glaucus co-founder sets up new short-selling fund

May 16 2018

HONG KONG, May 17 Soren Aandahl, one of the co-founders of short-seller Glaucus Research, is moving to set up a new fund named Blue Orca Capital after seven years at his former outfit.

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