Exclusive: Tencent plans to divest Meituan stake worth $24 billion
China’s Tencent Holdings (0700.HK) plans to sell all or a bulk of its $24 billion stake in food delivery firm Meituan (3690.HK) to placate domestic regulators and monetise an eight-year-old investment, four sources with knowledge of the matter said.
Analysis: China investors hedge U.S. delisting risk with Hong Kong play
Global fund managers holding U.S.-listed Chinese stocks are steadily shifting towards their Hong Kong-traded peers, even as they remain hopeful Beijing and Washington will eventually resolve an audit dispute to keep Chinese firms on American exchanges.
Digital Academies address the challenges of the modern world of work
Digital academies – an initiative from the leading digital learning and assessment specialist, eCom Learning Solutions – are helping organisations stay ahead of their competition by developing their most valuable asset: their workforce.
As US eyes new China chip curbs, turmoil looms for global market
Export restrictions being considered by Washington to halt China’s advances in semiconductor manufacturing could come at a substantial cost, experts say, potentially disrupting fragile global chip supply chains – and hurting U.S. businesses.
China’s ‘common prosperity’ drive slashes pay and perks for investment bankers
China’s well-heeled financial dealmakers are getting a crash course in austerity with pay cuts and perks reined in, as their state-owned employers respond to Beijing’s “common prosperity” drive, eight people with knowledge of the matter said.
Nasdaq profits top Wall Street views as software services rise
Nasdaq Inc (NDAQ.O) on Wednesday reported quarterly profits that beat Wall Street expectations, as traders turned to the exchange operator’s investment-related products to navigate market volatility, helping drive up revenues.
EXCLUSIVE Alibaba cuts a third of deals team staff after regulatory crackdown-sources
Alibaba Group (9988.HK) is cutting over a third of staff in its in-house deals team, four people with knowledge of the matter said, after Beijing’s sweeping regulatory crackdown sharply slowed the Chinese e-commerce behemoth’s dealmaking pace.
With IPOs on ice, banks’ stock offering fees plummet
Recession fears and Russia’s invasion of Ukraine sent a chill through equity capital markets (ECM) in the second quarter, depriving bankers of lucrative fees for arranging stock sales such as initial public offerings (IPOs).
Analysis: Wall Street’s hiring frenzy eases as worries grow over economy, market slump
With mounting uncertainty around the U.S. economic outlook and the resulting slump in financial markets, Wall Street is easing up on hiring after a recruiting frenzy last year.
Whitepaper outlines how to meet the learning needs of a Hybrid Workforce
‘Embracing eLearning as a Hybrid Workforce’, the recently published whitepaper from Scotland’s leading digital learning and assessment specialist, eCom Learning Solutions, assesses the changes in learning needs and delivery in the aftermath of the Covid19 pandemic. The whitepaper examines the importance of: being strategic; using a learning management system (LMS) to support blended delivery; making learning accessible to all, and having online and offline capability.
