Page 8 - Chinese Companies
70% Chinese firms with military ties included in major global indices: US
At least 70 per cent of Chinese companies with ties to the Chinese military have affiliates whose securities are included in major stock indices, said State Department
 "70% Chinese firms with military ties included in major global indices: US")
China pushes Ant Group overhaul in latest crackdown on founder Jack Ma
China's central bank disclosed it had asked Ant Group to shake up its lending and other consumer finance operations, the latest blow to its billionaire founder and controlling shareholder Jack Ma
 "China pushes Ant Group overhaul in latest crackdown on founder Jack Ma")
With Alibaba investigation, China gets tougher on technology firms
China has produced its own crop of powerful internet titans, and they have been celebrated as icons of the nation's technological advancement.
 "With Alibaba investigation, China gets tougher on technology firms")
India launches drive against clandestine entry by Chinese firms
India has launched an offensive against Chinese companies trying to enter into security related sectors
 "India launches drive against clandestine entry by Chinese firms")
Xiaomi's market value tops $100 billion, reaching 2018 IPO goal
Xiaomi in November reported its fastest quarterly sales growth in two years, while earnings beat analysts' estimates
 "Xiaomi's market value tops $100 billion, reaching 2018 IPO goal")
Hang Seng proposes sweeping overhaul of Hong Kong stock index: Report
The proposal comes as a wave of Chinese megacaps choose the financial hub as a preferred venue to sell shares
 "Hang Seng proposes sweeping overhaul of Hong Kong stock index: Report")
US administration blacklists over 100 Chinese and Russian companies
China urged the United States to stop what it called erroneous actions and treat all companies in an equal way, foreign ministry spokesman Wang Wenbin said
 "US administration blacklists over 100 Chinese and Russian companies")
US publishes list of Chinese, Russian companies with alleged military ties
The Trump administration published a list of Chinese and Russian companies with alleged military ties that restrict them from buying a wide range of US goods and technology
 "US publishes list of Chinese, Russian companies with alleged military ties")
China could restrict bank tie-ups with fintech platforms, official suggests
China's regulators last month warned the country's tech giants that they face closer scrutiny
 "China could restrict bank tie-ups with fintech platforms, official suggests")
US to blacklist dozens of Chinese firms including chipmaker SMIC: Report
The US Commerce Department is expected to add around 80 additional companies and affiliates to the so-called entity list, nearly all of them Chinese
Australia's Sheffield Resources gets nod for $98 mn funding by Chinese firm
Australia's Sheffield Resources said it had received regulatory approval for an $98 million investment by a Chinese firm in the miner's flagship mineral sands project at home
 "Australia's Sheffield Resources gets nod for $98 mn funding by Chinese firm")
China's Nov industrial output grows for 8th straight month on better demand
China's industrial output grew in line with expectations in November, expanding for the eighth straight month as the economic recovery gathered pace and global demand picked up
 "China's Nov industrial output grows for 8th straight month on better demand")
India's apex child rights body 'not in favour' of PUBG relaunch in India
PUBG was among 118 Chinese mobile applications banned by the government in September this year
 "India's apex child rights body 'not in favour' of PUBG relaunch in India")
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.
 "S&P Dow Jones to remove Chinese firms from indices after US blacklisting")
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
 "Detergent maker Blue Moon raises $1.27 billion in Hong Kong IPO: Reports")
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
 "FTSE Russell to drop eight Chinese companies after US blacklisting")
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
 "US House may pass a bill to block Chinese firms from listing in US markets")
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.
 "China display maker Royole Corp ditches US to seek $1.8 billion local IPO")
'Financial stability is political': Inside China's crackdown on tech giants
President Xi Jinping urged financial regulators to 'dare to' master their supervisory role
 "'Financial stability is political': Inside China's crackdown on tech giants")
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.
 "JD Health International seeks $3.5 billion in Asia's biggest health IPO")
