Thursday, June 18, 2020

Chinese e-commerce giant JD soars on Hong Kong debut

Chinese e-commerce giant JD soars on Hong Kong debutChinese e-commerce giant JD.com soared nearly six percent on its Hong Kong debut Thursday, after raising almost $4 billion in an initial public offering that was the world's second-biggest this year. The new debut comes as Chinese companies -- especially those in tech -- eschew Wall Street because of rising tensions between Washington and Beijing. It is also a shot in the arm for Hong Kong as fears mount over the potential fallout of Beijing's plan to impose a new national security law on the city banning subversion and foreign interference.




from Yahoo News - Latest News & Headlines https://ift.tt/2UUUyBH

No comments:

Post a Comment

Guardian identified for small child found wandering Sunday morning by Fort Myers police

from Yahoo News - Latest News & Headlines https://ift.tt/3F80gok