11.08.2019 Alibaba Group Holding Ltd (N:BABA) plans to launch a Hong Kong share offering to raise $10 billion to $15 billion in the final week of November, two people with direct knowledge of the matter told Reuters. The U.S.-listed Chinese e-commerce giant is due to seek approval from Hong Kong's listing committee on Thursday, the people said, for a deal that Dealogic data showed will be the world's biggest-ever cross-border secondary listing. The people declined to be identified due to the sensitivity of the matter.
Who we are?
11.07.2019 Ford Motor Co (N:F) will consider building Ford-branded pickup trucks in China if restrictions on driving pickups in cities are relaxed and it could also roll out customized models at that time, a senior company official said. Ford was among foreign automakers exhibiting their wares this week at the China International Import Expo (CIIE) in Shanghai, a fair aimed at showcasing the country's free trade credentials. Many of the vehicles that Ford, General Motors (N:GM) and Fiat Chrysler Automobiles (MI:FCHA) put on show were pickup trucks, a segment of the Chinese market that h
11.06.2019 Business activity in Hong Kong's private sector fell to its weakest in 21 years in October, weighed down by anti-government protests and softening global demand, according to an IHS Markit survey published on Tuesday. More than five months of often violent street protests have battered the city's retail and tourism sector, with preliminary government data showing the economy slid into recession for the first time in a decade in the third quarter. Demand from mainland China declined at the sharpest pace in the survey's history - which started in July 1998 - while companies als