Hong Kong shareholders of Shanghai Henlius Biotech on Wednesday rejected Chinese conglomerate Fosun International's buyout offer, which would have valued the drugmaker at HK$13.37 billion ($1.72 billion).
Shares of Yum China Holdings Inc. (YUMC) rose more than 3% on Friday after the fast food restaurant operator in China received an upgrade from OTR Global but retail reaction on Stocktwits lagged the stock price move.
US President Donald Trump had threatened 60% tariffs on Chinese goods on his campaign trail.
HONG KONG -- The historic legislation for Basic Law Article 23, aimed at safeguarding national security and ensuring Hong Kong's stability and development, has topped a list of the ten most significant policies by the Hong Kong Special Administrative Region (HKSAR) government in 2024.
The Hong Kong stock market has finished higher in six straight sessions, rallying more than 1,230 points or 6 percent in that span.
The Company makes available through the Investor Relations section of its internet website at http://ir.yumchina.com its filings with the HKEX as soon as reasonably practicable after electronically filing such materials with the HKEX. These filings may also be obtained by visiting the HKEX's website at http://www.hkex.com.hk.
HONG KONG (Reuters) - Chinese battery giant CATL has hired banks, including JPMorgan and Bank of America, to work on a Hong Kong listing, in what could be one of the city's largest offerings in 2025, two people with knowledge of the deal said.
Zijin Mining Group racked up record annual profit after a growth burst that made the Chinese firm as big as global commodities giant Glencore, although it has softened its output targets for this year.
On the supply side, Trump's national energy emergency declaration and his push for energy independence are significant drivers of bearish momentum, as the policies could likely turn the U.S. into a net energy exporter, which might have lasting implications for global oil prices.
Investors’ view of China is worsening after the stock market failed to hold on to its September rally, according to a Bank of America survey of fund managers published Tuesday.
As the D-day nears for the Indian economy, D-street investors are pinning all their hopes on potential reductions in capital gains tax.