Page 11 - Chinese Companies

S&P Dow Jones to remove Chinese firms from indices after US blacklisting

(Reuters) - S&P Dow Jones Indices said on Thursday it would remove Chinese companies including Hikvision from its products, becoming the latest index provider to do so following a Trump administration order restricting purchases of their shares.

Detergent maker Blue Moon raises $1.27 billion in Hong Kong IPO: Reports

Chinese detergent maker Blue Moon Group Holdings has become the latest in a record number of companies to raise at least $1 billion in a Hong Kong IPO in 2020 after pricing its shares at HK$13.16

FTSE Russell to drop eight Chinese companies after US blacklisting

The move shows how a recent bid by the White House to give teeth to a blacklist of Chinese companies allegedly backed by China's military could crimp US investments in the country

US House may pass a bill to block Chinese firms from listing in US markets

The US House of Representatives is expected to pass legislation this week that could prevent some Chinese companies from listing their shares on US exchanges unless they adhere to US auditing standard

China display maker Royole Corp ditches US to seek $1.8 billion local IPO

The final fundraising size depends on market conditions and is still subject to changes, said the people.

'Financial stability is political': Inside China's crackdown on tech giants

President Xi Jinping urged financial regulators to 'dare to' master their supervisory role

JD Health International seeks $3.5 billion in Asia's biggest health IPO

By comparison, its biggest competitor, Alibaba Health Information Technology, has a market capitalisation of around $34.6 billion.

US market regulator threatens stock market ban for Chinese companies

This comes amid China's refusal for review audits of Alibaba, Baidu and others

TikTok-owner ByteDance to rake in $27 bn ad revenue by year-end: Report

While TikTok is what ByteDance is best known for globally, the app contributes little to the Chinese company's revenue overall.

Alibaba's secret three-year experiment to reinvent outdated factories

Its ultimate goal, according to Alibaba, is to become a one-stop production solution provider for garment merchants on its Taobao and Tmall marketplaces.

Digital policy think-tank C-DEP seeks action against Snack Video

Digital policy think-tank C-DEP has approached the government seeking action against Snack Video, alleging it is a version of the Chinese app Kwai which was banned by India in June.

UK parliament committee accuse Huawei of 'collusion' with Beijing

The lawmakers said that UK operators might have to consider ripping out Huawei gear from their 5G networks by 2025, rather than 2027, if certain conditions change

Xiaomi launches Mi Band 5, Mi Watch Revolve and other IoT products in India

The Chinese electronics expanded its product portfolio in to the smart speakers and smartwatch category with the launch of Mi Watch Revolve and Mi Smart Speaker

Xiaomi Smarter Living event today at 12 noon: Livestream, expected products

Xiaomi is expected to launch Mi Band 5, Mi Watch Revolve and Mi smart speaker today

Donald Trump's ban on TikTok temporarily blocked by federal judge

Trump has called for bans on both TikTok and WeChat, owned by China's Tencent Holdings Ltd

Chinese pharma company says Covid-19 vaccine to be ready by early 2021

A Chinese pharmaceutical company on Thursday said the coronavirus vaccine it is developing should be ready by early 2021 for distribution worldwide, including the United States. Yin Weidong, the CEO of SinoVac, vowed to apply to the US Food and Drug Administration to sell CoronaVac in the United States if it passes its third and final round of testing in humans. Yin said he personally has been given the experimental vaccine. At the very beginning, our strategy was designed for China and for Wuhan. Soon after that in June and July we adjusted our strategy, that is to face the world, Yin said, referring to the Chinese city were the virus first emerged. Our goal is to provide the vaccine to the world including the US, EU and others, Yin said. Stringent regulations in the US, European Union, Japan and Australia have historically blocked the sale of Chinese vaccines. But Yin said that could change. SinoVac is developing one of China's top four vaccine candidates along with state-owned

This upstart Chinese brokerage is now bigger than Credit Suisse

Shares in the online broker and market data provider have rocketed 78 per cent this year, giving it a market value of more than 200 billion yuan ($29 billion)

Extra life? PUBG Mobile sheds China link to reach Indian gaming fans

South Korean company said it respected the measures taken by the govt as the privacy and security of player data was a top priority for the firm

China accuses US of 'bullying' as it touts new global data security push

The initiative, announced by Foreign Minister Wang Yi in Beijing, comes as the US continues to put pressure on China's largest technology companies

PUBG Corp takes away Tencent Games' India rights of PUBG MOBILE

The development comes a week after India banned 118 apps, including the popular multiplayer game PUBG MOBILE