Chinese Game Company Tencent Raises $6bn in Debt
In the latest big-ticket dollar sale in Asia, the Chinese technology company Tencent Holdings Ltd. has ...
In the latest big-ticket dollar sale in Asia, the Chinese technology company Tencent Holdings Ltd. has ...
 In its China life insurance joint venture, HSBS Holdings enters to buy the remaining 50% stake to fully own the company as China gears up its markets by removing foreign ownership restrictions on foreign funded insurance companies.  This agreement will help HSBC to expand its mark in China, as part of CEO Noel Quinn’s plan to boost the company’s business and enhance its investments and capital to Asia. In a statement, Quinn tells that they are trying to make steps in their growth strategy, despite the coronavirus pandemic, and that the transaction will help boost the ambition of accelerating growth in their Asian franchise and further extend their capabilities in wealth.  As part of its broad overhaul announced earlier on February, HSBC, Hong Kong had turned its focus on growth markets such as mainland China and Hong Kong.  After U.S. and Japan, China’s insurance comes third with an estimated $318bn in premiums, and with current reforms in ownership restrictions, HSBC joins the list of companies as foreign fully-owned insurers in mainland China. China opened its asset-management markets for wider foreign firms and companies on April 1st this year despite the ongoing Covid-19 crisis.  Â
In a recent report by the non-profit organization National Resource Governance Institute (NRGI), Africa owes more than $164 billion to China, ...
The Coronavirus (COVID-19) outbreak, the pandemic that has claimed the lives of over 2,000 people around ...
Most investors, rather Chinese investors are eyeing the real estate markets in Southeast Asia since western ...
G6 and X9 models of Xpeng Motor roll off assembly lines in Malaysia next spring and summer A ...
Nexperia, a Chinese-owned chipmaker with headquarters in the Netherlands, is at the center of the negotiations. BEIJING While ...
Moore Threads was founded in 2020 by former Nvidia China executives, counts heavyweights such as Tencent ...
Volvo’s leadership has echoed that concern, saying a delay would not only underline the EU's climate goals ...
UBTech seems to be concentrated on making sure it can meet growing demand with both speed and ...

G6 and X9 models of Xpeng Motor roll off assembly lines in Malaysia next spring and summer A crucial move has now ...

The new facility is more about operational scale than headline equity for Jeeves, which has changed quickly since coming out ...

In terms of operations, Jet Luxe has collaborated with regional partners and well-established AOC holders to locate aircraft where demand is highest. In ...

The president of Mexico, Claudia Sheinbaum, described it as a measure within an overall industrial policy. In Mexico, the country's ...

Nexperia, a Chinese-owned chipmaker with headquarters in the Netherlands, is at the center of the negotiations. BEIJING While deeper tensions over trade ...
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