HONG KONG Chinese technology company NetEase plans to carry out a secondary listing on the Hong Kong Stock Exchange on June 11, which will be followed one week later by web retailer JD.com , four sources with direct knowledge of the matter said.
HONG KONG China's healthcare and biotech firms are capitalising on a surge of interest in the sector due to the coronavirus pandemic by raising a record $6.8 billion in fresh equity-linked transactions this year.
HONG KONG China's rate of creating unicorns has dropped to a six-year low as venture capital funds shy away from early-stage funding while the economic impact of the coronavirus outbreak batters portfolio investments.
HONG KONG, May 14 China's rate of creating
unicorns has dropped to a six-year low as venture capital funds
shy away from early-stage funding while the economic impact of
the coronavirus outbreak batters portfolio investments.
BEIJING/HONG KONG Chinese online grocer Dingdong Maicai has raised $300 million in a new funding round that values it at $2 billion, two people familiar with the matter said, as coronavirus related restrictions drive demand for fresh food deliveries.
* Demand spike flattened as China re-opens -analyst
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HONG KONG/BEIJINGChallenged by the arrival of Tesla in China last year, domestic electric vehicle (EV) start-ups were struggling even before the economic shock wrought by the coronavirus, but now for some it has become a battle for survival.
* Dingdong Maicai raises $300 million in fresh funding
SYDNEY/HONG KONG, May 12 Asian shares tumbled on
Tuesday on growing worries about a second wave of coronavirus
infections after the Chinese city where the pandemic originated
reported its first new cases since its lockdown was lifted.
SYDNEY/HONG KONG, May 11 Asian shares followed
Wall Street higher on Monday as investors looked ahead to more
countries restarting their economies, even as some reported an
unwelcome pick up in new coronavirus cases.