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The American Stock Exchange is Pursuit of listing Companies from Southeast Asia and India to offset the slowdown in business from China.
Asian companies outside of China have basically not appeared in the U.S. stock market. But because the tensions between China and the United States have dried up China’s newly listed stocks and threatened the income of the New York Stock Exchange and the Nasdaq stock market, they are studying carefully.
“pipeline [for IPOs] It has grown from a few companies a year ago to dozens of companies today”-Bob McCooey, Chairman of Nasdaq Asia Pacific
In the past few months, the prospects for Chinese companies’ initial public offerings in the United States have deteriorated due to the sharing of sensitive data and Beijing’s criticism of large private companies.
U.S. regulatory agency requirements Greater disclosure After Beijing’s new rules wiped billions of dollars from Chinese education companies and forced the ride-hailing group Didi to delist from the U.S. exchange, shares of Chinese companies listed in New York were listed.
Thank you for reading FirstFT Europe/Africa.This is the rest of the news today-Jennifer
There are five more stories in the news
1. Putin warns of NATO military response The Russian President warned “Appropriate military technical measures” With increasing tensions with Western alliances, respond to the threat of NATO’s expansion toward its national borders. At the same time, the United States said it would start diplomatic negotiations to ease concerns about the conflict in Ukraine.
2. Investment in the sewage pipe network of the Water Supply Group British water and sewage companies have Cut investment According to a new study, in the 30 years after the privatization of critical infrastructure, they have been reduced by at most one-fifth, which will trigger criticism of pollution and service failures.
3. The Turkish lira soars due to savings plans Turkish Lira Jerked After President Recep Tayyip Erdogan announced a savings plan, analysts described it as a backdoor interest rate hike that could erode public finances. Yesterday, the exchange rate of the currency against the US dollar rose by more than 40%, reaching 12.84 lire.
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View: Will Turkey’s latest move stabilize the currency? This will depend on whether households and companies see the “circuit breaker” as a bridge to a more comprehensive measure, or an ultimately unstable destination. Mohamed Erian wrote.
4. NatWest admits to defrauding the U.S. Treasury market This British bank has agreed to pay the US authorities Approximately 35 million U.S. dollars After pleading guilty to one crime of wire transfer fraud and one crime of securities fraud related to government bonds and futures market plans.
5. Arsenal condemned for “irresponsible” fan token advertising British Advertising Regulator Issue a reprimand Oppose the promotion of “fan tokens” by football clubs in the latest attempts by regulators to control the marketing of cryptocurrencies and related products.
Coronavirus Digest
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the day before
Covid measures in Europe Spanish Prime Minister Pedro Sanchez called for Meeting The head of the regional government of the country assessed whether it is possible to introduce more restrictive measures. Belgium will also consider new measures on the same day.The British government expects analyze Researchers from Imperial College London on the seriousness of Omicron.
U.S. third quarter growth data Goldman Sachs Downgrade Due to increased doubts about whether President Joe Biden’s $175 million “Rebuild Better Plan” will be fully implemented, he made a forecast for US GDP growth this week.Estimated existing home sales Increase Despite rising prices and low inventories, November was still the third consecutive month.
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More economic data: France is due to release PPI data and the UK will release its ONS quarterly consumer trends report, as well as quarterly business investment, sector accounts and economic accounts. (“Financial Times”, “Wall Street Journal”)
What are we still reading
Will the United States help the Taliban? After the Islamist Taliban withdrew foreign aid after they came to power, millions of Afghans faced hunger this winter. Now, the United States, Europe, and other countries are facing diplomatic pressure to unfreeze Afghanistan’s overseas central bank reserves and try to prevent some people from worrying about what will happen. Catastrophic humanitarian crisis.
Christmas launch of $10 billion telescope The James Webb Space Telescope is the most ambitious and costly telescope ever built. It will be launched on December 25 with the goal of understanding the universe more deeply than ever before—and earlier.Astronomers look forward to Observe the treasure house From our solar system, our galaxy and beyond.
How France lost Mali Like the Americans and their allies in Afghanistan for two decades, the French failed to eradicate the threat of jihadist in Mali and the Sahel. As the mood in West African countries becomes bitter and anxious, Local leaders turn to Russia, This change has an impact on security and France’s impact.
Who could replace Boris Johnson? The political fate of the British Prime Minister’s collapse made him a target of abuse among ordinary voters. Johnson has bounced back before and is a recognized election winner, but if he fails, This is the next person who might come.
Nick Bloom: “Hybrid will continue to exist” It has been almost two years since Covid-19 triggered large-scale homework experiments. However, there is no consensus among economists on how this shift may affect advanced economies, especially in terms of productivity.Stanford University Professor Bloom believes that the revolution may usher in Serve the era of globalization.
Men’s
As the Jedi Knights and Matadors have proved, when it comes to men’s jackets, nothing can compare. cloak As a purely dramatic costume. In Charlie Potter’s parallel universe, he never leaves home.
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