Tag: china

Hong Kong's chief executive is planning for more investment and innovation as the city looks to capitalise on its international status.

The AI firm paired the $3bn convertible with a share placement, with proceeds earmarked for model development and business expansion.

The Chinese entertainment firms plan to use the funds to manage their balance sheets, shareholder returns and invest in the use of AI.

The container shipping giant said its entry into China’s capital market will diversify its funding sources and improve access to cost-efficient funds, amid rapid growth in the panda bond market.

Amid strong demand, the two Hong Kong-listed Chinese firms have announced zero-coupon convertible bond issues totalling around $1.3bn, as capital-intensive tech businesses seek funding while limiting immediate interest costs.

China’s exports and imports grew at their fastest pace in five years in June, powered by the global artificial intelligence super cycle.

The policy package seeks to deepen Hong Kong-mainland market connectivity through Bond Connect enhancements and expanded renminbi liquidity support; HKEX seeks closer CIPS connectivity.

The agreement will support the planned August launch of Hong Kong’s five-year China government bond futures, offering offshore investors a new renminbi interest rate risk management tool.

The link is available at businesses and is between Indonesia’s Quick Response Code Indonesian Standard (QRIS) and apps from Alipay and UnionPay International.

The bonds will be used to stockpile bauxite, refinance debt, to invest in overseas projects, share repurchases and for general corporate purposes; the aluminium giant also issued a concurrent share repurchase.

China's trade surplus reached $1.2 trillion last year despite increased tariffs from the US; however the economy slowed in the fourth quarter.

China's central bank and FX regulator have replaced fragmented pilots with a nationwide, quota-based framework for MNCs. Integration into global cash management structures should become easier for treasurers.