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HONG KONG, July 31 (Reuters) - Hong Kong's stock exchange will no longer require companies to spell out China-related business risks in listing applications from Tuesday, in a move that aligns the city more closely with disclosure changes ordered by Beijing. China's securities watchdog published updated rules for offshore listings in February and Hong Kong followed with its own consultation on proposed changes a week later. In a summary of rule revisions, the exchange didn't list the removal of China risk disclosures as a major change. The majority of Chinese companies' offshore listing proposals have been filed with the Hong Kong exchange since the country new offshore listing regime came into effect on March 31, but few of them have got Beijing's nod to start raising funds. Reporting by Selena Li and Kane Wu in Hong Kong; Editing by Sumeet Chatterjee and Christina FincherOur Standards: The Thomson Reuters Trust Principles.

Persons: Selena Li, Kane Wu, Sumeet Chatterjee, Christina Fincher Organizations: bourse, Hong Kong Exchanges, Clearing, HK, People's, China Securities Regulatory Commission, Reuters, U.S . Securities, Exchange Commission, Hong, Thomson Locations: HONG KONG, China, Beijing, Hong Kong, People's Republic of China, United States, Hong

☆ Kyle Anderson: US-born NBA player will represent China at the basketball World Cup
▼ + stars: | 2023-07-24 | by ( Andrew Mcnicol | ) edition.cnn.com time to read: +3 min

CNN —US-born basketball player Kyle Anderson will represent China at next month’s FIBA World Cup after obtaining Chinese nationality, the Chinese Basketball Association (CBA) announced on Monday. Anderson is China’s first naturalized basketball player and his addition to the national team roster is considered a huge coup. Really proud and honored to wear the Team China jersey,” he said. While a first in basketball, China has acquired a handful of elite athletes with and without Chinese roots through naturalization. “When I’m in China, I’m Chinese.

Persons: Kyle Anderson, Li Kaier, “, Anderson, Yao Ming, Yao, ”, Eileen Gu, Gu, heptathlete Nina Schultz –, Zheng Ninali Organizations: CNN, FIBA, Chinese Basketball Association, The Minnesota Timberwolves, Weibo, NBA, China, Team USA, China’s, Chinese Super League, Timberwolves Locations: China, I’m, Canada, China’s Beijing, Fairview , New Jersey, Philippines, Japan, Indonesia . China, Serbia

☆ Shelved port deal will test Temasek’s private push
▼ + stars: | 2023-07-13 | by ( ) www.reuters.com time to read: +2 min

SINGAPORE, July 13 (Reuters Breakingviews) - Temasek is having a bad weather week. The Singaporean investor’s wholly owned port operator PSA International is shelving plans to sell its 20% stake in CK Hutchison’s (0001.HK) port business, per Bloomberg. PSA was seeking $4 billion for its stake, a touch less than what it paid. This week, Temasek itself reported a 5.2% drop in the net value of its portfolio to $285 billion in the 12 months to the end of March, as public markets remain weak. The world’s 10th-largest sovereign investor has 53% of its portfolio parked in unlisted assets, double the level a decade ago.

Persons: CK Hutchison’s, Li Ka, China's Cosco, Breakingviews, Daga, Una Galani, Thomas Shum Organizations: Reuters, Temasek, CK, Bloomberg, Twitter, Thomson Locations: SINGAPORE, HK, Hong Kong, Singapore, China

☆ China-bashing throws Vodafone a curveball
▼ + stars: | 2023-06-27 | by ( ) www.reuters.com time to read: +2 min

LONDON, June 27 (Reuters Breakingviews) - Vodafone's (VOD.L) M&A ambitions in Britain are falling prey to anti-China rhetoric. Parliamentarians are also fretting over the security impact on contracts with government departments once the deal goes through. Vodafone may face similar scrutiny, leading to inevitable delays. The fact that CK Hutchison has retained the right to appoint the chief financial officer may be a red flag. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: CK Hutchison's, Li Ka, Franco, Patrick Drahi, Hakan Koc, Pyrros Koussios, Roman Abramovich, CK Hutchison, Pamela Barbaglia, Aston Martin, Lisa Jucca, Streisand Neto Organizations: Reuters, HK, Vodafone, BT, UK's National Security and Investment Act, Twitter, Siemens, Thomson Locations: Britain, China, Hong Kong, Canada

But China, which bristles at visits to Taiwan by foreign government officials, tends to ignore trips by business executives, who usually keep clear of politics. Dimon will meet bank employees and clients in Taiwan on his visit, said the source, who sought anonymity as the plans were not public, while adding that no meetings were planned with Taiwan officials. As part of his Asia tour, Dimon will also visit South Korea after the Taiwan trip, said the source. But there was no plan for President Tsai Ing-wen to meet Dimon, her office said on Friday. Dimon favours East-West "derisking" rather than decoupling, he told the three-day JPMorgan Global China Summit event in the city on Wednesday.

Persons: Jamie Dimon, Andrew Collier, Dimon, Nvidia Corp's, Jensen Huang, Pat Gelsinger, Dimon's, Ma Ying, Tsai Ing, Chen Jining, Selena Li, Kane Wu, Scott Murdoch, Ben Blanchard, Emily Chan, Mrinmay Dey, Sumeet Chatterjee, Clarence Fernandez Organizations: JPMorgan Chase &, JPMorgan, Orient Capital Research, Bloomberg, Wall, U.S, Nvidia, Intel, Financial, Commission, Shanghai's Communist, JPMorgan Global China, Thomson Locations: Taiwan, China, Taipei, Beijing, Hong Kong, Asia, South Korea, East, United States, Sydney, Bengaluru

[1/2] Goldman Sachs CEO David Solomon speaks during the Goldman Sachs Investor Day at Goldman Sachs Headquarters in New York City, U.S., February 28, 2023. REUTERS/Brendan McDermidHONG KONG/SHANGHAI, March 31 (Reuters) - A flurry of top financial executives have visited China for the first time since the COVID-19 pandemic as global financial giants seek to cement their relations with Beijing at the start of President Xi Jinping's new term. International financial institutions and investors are welcome to expand in China, the chairman of the country's securities regulator said. Goldman Sachs' Solomon and Blackstone (BX.N) CEO Stephen Schwarzman met Peng Chun, chairman of China Investment Corporation (CIC), this week, according to official social media posts from the $1.35 trillion sovereign wealth fund. Meanwhile, Chip Kaye, Warburg Pincus's CEO, met Beijing's major Yin Yong during his visit to the city last week, according to a municipal statement from Beijing.

Yet congenital syphilis is easily preventable if an infected person gets access to penicillin during their pregnancy. There were 2,677 cases of congenital syphilis in the U.S. in 2021 for a population of 332 million, according to preliminary CDC data. Canada had 96 cases for a population of 38 million, according to Health Canada. Health Canada told Reuters it has dispatched epidemiologists to help provinces contain the increase in congenital syphilis. The province had an incidence of 185 cases of congenital syphilis per 100,00 live births in 2021.

☆ Alibaba hands parched dealmakers a glass half-full
▼ + stars: | 2023-03-30 | by ( Antony Currie | ) www.reuters.com time to read: +4 min

Then New York- and Hong Kong-listed Alibaba (9988.HK) revealed it was creating six independently run businesses. That will keep dealmaking teams busy for months if, as CEO Daniel Zhang envisions, multiple listed companies emerge from the $250 billion parent. And if a breakup is good for Alibaba, they can dust off pitchbooks for its domestic rivals. Follow @AntonyMCurrie on TwitterCONTEXT NEWSAlibaba CEO Daniel Zhang said on March 29 that he hopes multiple listed companies will emerge from the group. “I hope there will be multiple listed companies emerging from the Alibaba system, and that they will continue to nurture their own sons and daughters, and cultivate more listed companies”, Zhang said, according to the South China Morning Post.

HONG KONG, March 3 (Reuters) - Bank of America (BAC.N) and Citigroup (C.N) have cut some investment banking jobs in Asia, people familiar with the matter told Reuters, joining global peers in paring headcount as China dealmaking slows. Citi on Thursday trimmed four jobs from its China investment banking team, said one of the two people and a separate person. BofA and Citi both declined to comment on layoffs involving investment bankers in Asia. JPMorgan (JPM.N) has also cut around 20 investment banking jobs, mostly mid-level bankers focused on China deals, according to two separate sources. Nomura Holdings Inc (8604.T) has cut 18 Asian banking jobs, most of them China-focused investment banking roles, sources have said.

☆ This startup has developed an operating system for GPs that cuts down on admin. Check out the 13-slide pitch deck Doctorly used to raise $10 million.
▼ + stars: | 2023-03-01 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

German health tech startup Doctorly has raised $10 million in Series A funding. The startup, founded in 2018, offers practice management software for healthcare providers. A German health tech startup that has developed an operating system for medical practices has raised $10 million in fresh funds. The startup wants to "re-digitize" practices and make it easier for them to adapt to external innovations in health tech. Doctorly is one of the very few regulated health tech startups in Germany and it believes its technology can help cut the time spent by practitioners on administration in half.

Follow @KatrinaHamlin on TwitterloadingCONTEXT NEWSHong Kong-listed Apollo Future Mobility said on Jan. 12 that it had agreed to buy Chinese electric-car maker WM Motor Global for HK$15.9 billion ($2.02 billion). To fund the acquisition of its larger peer, Apollo will issue 28.8 billion new shares at HK$0.55 each. Apollo shares fell 8.6% and were trading at HK$0.23 by market close on Jan. 12. WM Motor Global filed for a Hong Kong initial public offering in May 2022, but the application lapsed in November. WM Motor Global’s owner, WM Motor Holdings, is the largest shareholder in Apollo Future Mobility, and WM Motor founder Freeman Shen sits on the latter’s board as co-chair.

☆ Hong Kong November home prices ease to more than 5-yr low
▼ + stars: | 2022-12-28 | by ( ) www.reuters.com time to read: +1 min

HONG KONG, Dec 28 (Reuters) - Hong Kong private home prices dropped 3.3% in November to the lowest since August 2017, official data showed on Wednesday, as its housing market - one of the most unaffordable in the world - is set to post the first annual drop since 2008. November's fall in home prices came after a revised 2.7% drop in October. Home prices in Hong Kong have fallen 13.8% in the first 110 months of the year. For 2023, real estate consultancy Cushman & Wakefield expects home prices to be 0-5% lower than this year, with prices stabilizing in the second half after an expected peak of interest rates. Another consultancy, JLL, expects prices to fall another 10% next year for the mass market.

☆ Exclusive: Temasek's PSA evaluates multi-billion dollar exit from Hutchison Ports-sources
▼ + stars: | 2022-12-09 | by ( Anshuman Daga | ) www.reuters.com time to read: +2 min

SINGAPORE, Dec 9 (Reuters) - Port operator PSA International, fully owned by Singapore state investor Temasek Holdings, is considering selling its multi-billion dollar, 20% stake in the ports business of CK Hutchison Holdings (0001.HK), two sources familiar with the matter told Reuters. PSA, the world's second-biggest container terminal operator, whose global network encompasses 160 locations in 42 countries, had acquired the stake in the Hong Kong-based conglomerate's ports business for $4.4 billion in 2006. Both Temasek and CK Hutchison, the conglomerate of retired billionaire Li Ka-shing, declined to comment. Temasek reported a nearly 6% rise in its portfolio value to a record S$403 billion ($297 billion) in the year to March 2022. Economic conditions have worsened since then, with global markets selling off along with a sharp increase in interest rates.

☆ Beijing a devenit orașul cu cei mai mulți miliardari din lume. Ce orașe mai sunt în topul Forbes
▼ + stars: | 2021-04-07 | by ( Onixmedia Srl | ) diez.md time to read: +2 min

Beijing a devenit orașul cu cei mai mulți miliardari din lume. Business Insider notează că bogații au devenit și mai bogați anul trecut, în ciuda pandemiei și a recesiunii economice. La nivel global, 660 de oameni au devenit miliardari în 2020, însumând un total de 2 755 de miliardari la nivel mondial, în dolari americani. Cinci orașe din China se clasează printre cele 10 orașe cu cei mai mulți miliardari, inclusiv regiunea administrativă specială Hong Kong. Beijing (100 de miliardari), cel mai bogat om – Zhang Yiming (35,6 miliarde)2.

Persons: Pandemia, Zhang Yiming, Michael Bloomberg, Colin Zheng Huang, Len Blavatnik, San Francisco, Dustin Moskovitz Organizations: Forbes, San Locations: Beijing, New York, SUA, China, Hong Kong, York City, Kong, Moscova, Shanghai, Londra, Mumbai, Hangzhou

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