HONG KONG (Reuters) – Hong Kong Exchanges and Clearing Ltd (HKEX) (0388.HK) sees a trend of secondary advertising by Chinese companies with New York listing and supports their prospect as the stock market reports a 1% increase from the first half on Wednesday. FILE PHOTO: The name of Hong Kong …
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(Reuters) – Amazon.com Inc. is in preliminary talks to invest in U.S. cloud service provider Rackspace Technology Inc., people familiar with the discussion said Monday. PHILO PHOTO: Signage seen at an Amazon facility in Bethpage on Long Island, New York, USA, March 17, 2020. REUTERS / Andrew Kelly The deal …
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PHILO PHOTO: The logo of Ant Financial Services Group, the financial subsidiary of Alibaba, is displayed at its headquarters in Hangzhou, Zhejiang Province, China January 24, 2018. Image taken January 24, 2018. REUTERS / Shu Zhang HONG KONG (Reuters) – Ant Group, the fintech charm of Chinese e-commerce company Alibaba …
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KE Holdings Inc. became China’s first public offering to raise $ 2 billion from a U.S. listing since iQiyi Inc. on Thursday, when its share saw 87% close. Less than an hour later, iQiyi gave a stark reminder of the rocky path many young Chinese stocks have taken on U.S. …
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HONG KONG (Reuters) – The US government is threatening to remove Chinese companies that do not meet US accounting standards, but mainland companies are rushing to offer their shares on New York exchanges, sometimes in blockbuster deals. FILE PHOTO: The 11 Wall St. door of the New York Stock Exchange …
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