Page 5 - Chinese Companies

IPL 2020: Dream11 wins title sponsorship rights; pips Byju's, Unacademy

It was unclear whether the fantasy sports platform would now give up its existing associate partnership with the IPL

Over 80 firms including China's JD.com face delisting risk from US

The SEC on Wednesday expanded the list, consisting of US-listed Chinese entities, on a provisional lineup under a 2020 law known as The Holding Foreign Companies Accountable Act.

Chinese firms' $9 bn IPO plans stalled amid Covid outbreak, filings show

A wave of Chinese companies have halted domestic listing plans, filings show, as the country's biggest coronavirus outbreak in two years hampered due diligence and information gathering

Alibaba Group Holding ups buybacks to $25 billion; crackdown to ease

Move represents one of the largest shareholder-reward programmes

Chinese automaker SAIC's MG Motor India to raise funds for EV push: Report

'MG Motor India has yet to finalise how much money it plans to raise, which will depend on the valuation of the Indian business and its growth plans'

Alibaba reports smallest rise in quarterly revenue, misses expectations

The slowing Chinese economy has taken a toll on the e-commerce company, as consumers cut back discretionary spending

China's 'little giants' are its latest weapon in the US tech war

That's the designation for a new generation of start-ups that have been selected under an ambitious government program aimed at fostering a technology industry that can compete with Silicon Valley

China's regulator proposes tightening rules for companies listing abroad

Chinese firms have raised about $12.8 billion in US listings in 2021, according to Refinitiv data

Alibaba jumps most since Hong Kong Listing as China tech rebounds

Shares of the e-commerce giant advanced as much as 12% on Tuesday

China will encourage listing of leading futures firms, to issue futures law

China's commodities market had been volatile this year amid the uneven global economic recovery, easing liquidity and speculation

Chinese regulators ask Didi to delist from US bourses on security fears

The country's tech watchdog wants management to take the company off the New York Stock Exchange because of concerns about leakage of sensitive data, sources said

Liquidity worries deepen as unit of Chinese developer Kaisa misses payment

The Shenzhen-based developer has the most offshore debt coming due over the next year of any Chinese developer after embattled China Evergrande Group

China property firms' shares, bonds take hit after Yango debt exchange

Evergrande narrowly avoided a catastrophic default for the second time in a week on Friday, making a last-minute payment on an overdue dollar bond coupon

China's state-owned firms struggle to align climate rhetoric with reality

China has already submitted updated climate targets to the United Nations as a new round of climate change talks gets under way in Glasgow.

China Evergrande makes onshore coupon payment: Report

The liquidity crisis at Evergrande, which has $300 billion in debt and has missed a series in bond payments, has roiled global markets.

China's central bank says spillover from Evergrande crisis 'controllable'

Concerns are growing that the cash crunch at Evergrande is spilling over to other developers

China's factories grapple with power cuts to meet energy use targets

Global shoppers face possible shortages of smartphones and other goods ahead of Christmas

Evergrande's EV unit admits there's no certainty it can pay debt

The EV unit is a relatively small part of Evergrande's sprawling empire, but is primarily reliant on residential apartment sales.

China is unlikely to okay Baidu's $3.6 billion purchase of JOYY's YY Live

This follows Beijing's move to rein in gaming-related businesses and corporate expansion via deals, they said.

After Evergrande, China lenders hold back on credit for property developers

Carrying $305 billion in liabilities, China's second biggest property developer inched closer to a potential default on Friday by missing the deadline on an interest payment.