3
AutoX expand testing driverless cars in China
Alibaba ( 09988 ) Investment autonomous vehicles startups AutoX said it had to Fiat Chrysler (FCA) minivan Pacifica expand testing driverless cars in China.
2
Xiaomi implements allotment to raise 23.7 billion and issue 6.6 billion convertible bond.
Xiaomi Group ( 01810 ) implements allotment and issue of convertible bonds to raise funds. Trading of the shares resumed in the afternoon.
2
BeiGene shareholders sell 1.51 million ADS shares at a price of US$ 225
BeiGene ( 06160 ) announced that the offering shareholder Baker Bros. Advisors LP affiliated fund has priced the registered underwriting public offering of 1.5115 million American Depositary Shares (ADS) , per share ADS is equivalent to 13 ordinary shares with a par value of US$ 0.0001 each, and the public offering price of each ADS is US$ 225 .
1
Tesla will be included in the standard
Electric vehicle manufacturer Tesla (Tesla) will be included in the S&P 500 index component stocks this month. S&P Dow Jones Index announced that Tesla will be included in the index in one go on the 21st of this month, not will be included twice.
1
Macau's gambling revenues drop 70.5 percent in Nov
Gambling revenue in Macau plunged 70.5 percent in November year-on-year, but the decline was not as severe as in recent months as the world’s biggest casino hub saw a pick up in visitors from its key market - mainland China.
27
Fitch: If Hong Kong’s high degree of autonomy is now downgraded for rating, the pressure will be occurred
Rating agency Fitch said that Hong Kong’s new Policy Address emphasizes the integration of Hong Kong and the Mainland, especially through the Greater Bay Area; relevant policy guidelines may stimulate Hong Kong’s economic development. But at the same time, it highlights that economic development prospects and credibility are increasingly being affected by the Chinese economy.
27
Britain pushes new competition regulations to restrain Google fb and other technology.
Britain will implement a new competition mechanism next year to prevent Google (Google) and Facebook (fb) from using their dominant positions to crowd out smaller companies and disadvantaged consumers.
26
Tesla plans to build a factory in China to produce charging piles
Reuters quoted Tesla (Tesla) documents submitted to the relevant departments of Shanghai, the company plans to 2021 to begin production of electric vehicles in China charge pile.
26
Mainland China's tightened supervision of financial technology to reconsider IPO plans
Mainland to strengthen the supervision of Internet microfinance, and Chinese financial technology to have reconsidered their IPO plans to raise funds.
25
JD Health IPO helps cure Hong Kong market blues after Ant
HONG KONG -- JD.com, China's second-largest e-commerce group, is set to raise $3.5 billion for its health care unit in what would be the largest initial public offering so far this year in Hong Kong.
25
Carrie Lam policy address 2020: Hong Kong leader hails Beijing's staunch support, doubles down on national security and vows to 'relaunch city, rebuild trust'
Chief executive also says city has become an obvious weak link in terms of national security, and presents significant risks to the country。 Lam's fourth policy blueprint, her longest, unveiled to legislature bereft of opposition bloc following Beijing ruling and with Covid-19, recession weighing heavily on city。
23
Blackstone reportedly raised a minimum of 39 billion in the formation of a New Asian Fund.
Foreign sources quoted as saying that the US alternative investment-Blackstone plans to launch a second Asian M&A fund. The company's proposed new fund raises at least US$ 5 billion ( HK $ 39 billion ) , more than double the size of the first Asian M&A fund.
23
It is rumored that 89 Chinese-funded enterprises in the United States are related to the military and are prohibited from acquiring specific commodities
"E-Net News, 23rd Special News" According to Reuters, quoting the US Department of Commerce draft document, the US government is about to announce that 89 Chinese aerospace companies and companies in other fields are associated with the military and prohibit them from obtaining certain US products and technology.
19
Brussels leaders ramp up emergency No Deal Brexit plans as Macron vows to defy UK over fish fight
EUROPEAN leaders will order up a raft of new emergency No Deal plans tomorrow after Emmanuel Macron vowed to defy No 10 over fishing.
19
U.K., Canada on the brink of trade agreement, replacing EU deal
The U.K. and Canada are on the brink of signing a new trade agreement to replace the existing deal Britain has through European Union membership.
12
Manulife third quarter profit surges to $2.07 billion while core earnings slip
Manulife Financial Corp. beat expectations as its net income attributable to shareholders surged to $2.07 billion in the third quarter.
12
OPEC+ Focuses on Delay to Oil-Output Hike of Three to Six Months
Talks between OPEC and its allies are zeroing in on a delay to next year’s planned oil-output increase of three to six months, according to several delegates.
2
Hong Kong Exchange Fund Q3 investment income drops 57% q/q
Hong Kong’s Exchange Fund, which is used to back the Hong Kong dollar, posted investment income of HK$52.8 billion ($6.81 billion) in the third quarter, a drop of 56.6% from the previous quarter, the Hong Kong Monetary Authority (HKMA) said on Monday.
2
China PMI: domestic driven growth but exports are a looming risk
China's Caixin manufacturing PMI rose in October, even though the official manufacturing PMI for the same month fell (though remained above 50). Combined with the non-manufacturing PMI, it looks like domestic demand is holding strong. But it still faces the risk of falling export demand as a result of rising Covid-19 cases in Europe and the US.
21
A ‘blue wave’ in U.S. elections could bring forward Fed rate hikes, says Morgan Stanley
A Democratic sweep in the coming U.S. elections will likely unleash more fiscal stimulus, but it could also cause the Federal Reserve to hike interest rates earlier than expected, said a Morgan Stanley portfolio manager.