Page 15 - Chinese Companies

Chinese firms take record 50% of global equity raised in first half of 2020

China-based companies sold shares worth $32.1 billion in January-June including multi-billion-dollar secondary listings in Hong Kong

'Jhoola diplomacy', Chinese cash lulled India into complacency: Chidambaram

Prime Minister is the ex-officio Chairman of the PM-CARES Fund and Minister of Defence, Minister of Home Affairs and Minister of Finance, Government of India are ex-officio Trustees of the Fund

Don't fear violence, ICEA tells Chinese firms amid fears of backlash

The move comes hard on the heels of protests in front of the gates of Chinese mobile device manufacturer Oppo, which has a unit in Greater Noida

TikTok, Helo, SHAREit losing mojo in India after border clash with China

The bloody clash between Indian and Chinese troops in Ladakh last week has sparked a popular demand for the shunning of Chinese products, ranging from apps to mobile phones.

India's trust and credibility deficits

The country needs less event management and more considered anticipatory action

After Oppo factory protest, 'boycott China' call puts firms on high alert

Several right-wing groups, led by the Hindu Raksha Dal (HRD), are preparing to unleash more protest movements.

India has the ability to reduce dependence on China, cut deficit: Report

The trade deficit contraction estimate has been made for FY22, assuming for a fourth of the items in the 40 specified sectors being sourced locally, Acuite Ratings and Research said.

'Take actions on trade with China on selective basis'

India imports about $70 billion worth of goods from China, mostly manufactured goods.

India-China face-off: BCCI to review IPL sponsorship deal with Vivo

The meeting of the IPL Governing Council will review the yearly Rs 440 crore title sponsorship deal with Vivo among others

Railways cancels Rs 471 cr contract with Chinese firm over 'poor progress'

They were supposed to complete the work by 2019, but only 20 per cent of the work has been completed so far

US charges Chinese manufacturer of exporting defective N95 respirators

The company, King Year Packaging and Printing, for each of the four counts faces a fine of up to $500,000 or the total gain and/or loss, whichever is greater

Xiaomi Redmi Smart TV X-series to feature MEMC technology: Details here

MEMC is a frame interpolation technology that artificially adds additional frames between original frames, bringing the content with conventional 24 or 30 frames per second to around 60 frames per sec

US blacklists 33 Chinese companies for helping Beijing spy on minorities

The blacklisted companies focus on artificial intelligence and facial recognition, markets that US chip companies like Nvidia Corp and Intel Corp have been heavily investing in

Amid Covid-19 mess, PM Johnson plans to cut Huawei's 5G involvement in UK

Johnson has asked officials to make plans to reduce China's involvement in British infrastructure to zero by 2023

AIIB, central bank among 16 China-based entities registered as FPI in India

While AIIB is a multilateral development bank, which has got India as a member too, PBoC is China's central bank

Nasdaq to tighten IPO rules, restricting Chinese companies to debut: Report

Nasdaq's curbs on small Chinese IPOs represent the latest flashpoint in the financial relationship between the world's two largest economies

India blocks automatic FDI route for neighbours to curb hostile takeovers

Until now, Chinese investments were automatically allowed, similar to those from other nations, in all but 16 sectors, such as telecom, defence, and national security.

Alibaba plans to buy at least 10% stake in Chinese courier Yunda: Report

Under Chinese regulations, a stake of over 5% in a domestically listed company can be sold at a discount of as much as 10% to the firm's share price on the last trading day prior to a deal

Are Chinese firms resilient enough to survive the raging Coronavirus?

Reuters analyzed balance sheets of nearly 4,000 listed Chinese companies to see how well they are financially prepared to cope with the impact

Coronavirus impact: $13 to fly in China as airlines offer 'cabbage prices'

A one-way direct trip from Shanghai to Chengdu on Juneyao Airlines Co. this Saturday costs just 90 yuan ($13) plus 50 yuan in taxes