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JD.com's logistics unit eyes potential US$8-10 bln IPO: report

JD Logistics, a unit of Chinese e-commerce giant JD.com, has held early talks with banks about a potential overseas IPO that could raise US$8-10 billion, Reuters reports, citing people with knowledge ...More

EJ Insight2019-12-24

China denies allegations of forced labor at Shanghai prison

... at prison unit was making packaging for Tesco Christmas cards.” Humphrey spent 23 months in prison on charges of illegally obtaining private records of Chinese citizens and selling the information to ...More

EJ Insight2019-12-24

Simon Hu named Ant Financial CEO in Alibaba executive shuffle

... Jing, the unit said in a statement. Jing will remain executive chairman of Ant Financial, a position he had held concurrently with the CEO title. Hu joined Alibaba Group in 2005 and served as presiden ...More

EJ Insight2019-12-19

Fiat Chrysler, Peugeot owner reach US$50 billion merger deal

... the opportunities are,” PSA chief executive Carlos Tavares, who will head up the merged entity as CEO, told reporters. Shares of both companies were up in early trading. Smoothing the way Before the m ...More

EJ Insight2019-12-18

Intel acquires Israeli AI startup Habana Labs for US$2 bln

... ket opportunities are significant and large enough that we can build out a specialized portfolio to go solve those problems and do it in a way that customers feel good about and respond well to.” Haba ...More

EJ Insight2019-12-17

Australia regulator raises concerns over AB InBev-Asahi deal

... ton & United Breweries (CUB) unit to Asahi in the first quarter of 2020 and use the bulk of the proceeds to cut debt. -- Contact us at [email protected] RC ...More

EJ Insight2019-12-12

Ping An unit OneConnect cuts IPO by 28%, lowers target valuation

Ping An Insurance’s fintech unit OneConnect Financial Technology on Wednesday downsized its planned US initial public offering by 28 percent and lowered its target valuation, Reuters reports. OneConne ...More

EJ Insight2019-12-12

Food delivery apps: What the bidding war for Just Eat tells us

... through a unit named Prosus. The group already owns stakes in Germany’s Delivery Hero, Brazil's iFood and India's Swiggy. Naspers is also a major shareholder in Chinese tech giant Tencent Holdings (00 ...More

EJ Insight2019-12-11

HSBC Swiss unit to pay US$192 mln to settle US tax probe

The Swiss private banking unit of HSBC Holdings will pay US$192.4 million to resolve a US probe of its role in helping wealthy Americans evade taxes by using undeclared Swiss bank accounts, Reuters re ...More

EJ Insight2019-12-11

China vehicle sales drop for 17th straight month in Nov

... c vehicle unit BluePark, in which Daimler has some stake, fell around 63 percent last month from a year ago, according to the report. -- Contact us at [email protected] RC ...More

EJ Insight2019-12-10

At least 5 killed after New Zealand volcano suddenly erupts

... le triage unit was on its way. The organization said it had sent seven helicopters with medics onboard. Michael Schade, an engineering manager from San Francisco, was one of the tourists who made it o ...More

EJ Insight2019-12-09

Why Tencent and Alibaba both back short-video app Kuaishou

... Douyin, a unit of Bytedance, which is the parent of news aggregator Jinri Toutiao and video sensation Tik Tok. Kuaishou was founded by Su Hua, a former programmer at Baidu and Google. He founded Kuais ...More

EJ Insight2019-12-09

China's AutoX seeks driverless test permit in California: report

... al Motors unit Cruise and Uber’s troubled self-driving unit are among the US tech companies vying for a breakthrough in a market in self-driving vehicles that is struggling to meet its early promise. ...More

EJ Insight2019-12-05

重視ESG企業是更佳投資對象

... elligence Unit(EIU)的調查中,發現曾經有75%受訪者認為,有效的企業社會責任政策對公司產生正 ...全文

今日信報理財投資金融外星人中環OL黃2019年12月05日

Seven arrested over suspected attempt to rob jewelry shop

... nal crime unit is underway, and authorities do not rule out the possibility that more arrests will be made. The arrests were made after two jewelry shops, one in To Kwa Wan and the other in Cheung Sha ...More

EJ Insight2019-12-04

Why Samsung is stepping up its foldable phone push

... a. Lenovo unit Motorola, meanwhile, has unveiled the Moto Razr. The Razr, which will launch in the US market in January, has a much smaller foldable screen that would fold into almost half of its exte ...More

EJ Insight2019-12-04

UK lessons for Hong Kong's upcoming virtual banks

...  with the unit operating under a different IT system, distinct from the core RBS brand. “With trust from the public towards the brands, incumbent banks in Europe are launching their own neobanks as a ...More

EJ Insight2019-12-04

警飛車包抄拘7漢 破劫金行集團

俗稱「狗仔隊」的警方刑事情報科屬下的行動支援隊(Operation Support Unit,俗稱Hit Te ...全文

今日信報獨眼香江獨眼香江紀曉風2019年12月04日

Former Malaysian PM Najib takes stand in 1MDB trial

... rmer 1MDB unit SRC International and was ordered to present his defense in November after a judge ruled prosecutors had successfully established a case against him. He has pleaded not guilty to the ch ...More

EJ Insight2019-12-03

EU antitrust regulators probing Google's data collection

...  Alphabet unit Google is collecting data, confirming a Reuters story on Friday. “The Commission has sent out questionnaires as part of a preliminary investigation into Google’s practices relating to G ...More

EJ Insight2019-12-02

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