SHANGHAI (Reuters) - China has approved the Shanghai listing of an internet and industrial-focused subsidiary of Taiwan’s Foxconn ... had obtained the regulatory go-ahead for the planned IPO. Foxconn, formally known as Hon Hai Precision Industry Co ... ( read original story ...)
China enlists Foxconn unit IPO in unification campaign
Foxconn Industrial is seen raising 27.3 billion yuan ($4.3 billion) through the IPO. The purpose of the listing is "to expand ... "We'll encourage Taiwanese companies to list," Zhang Zhijun, director of the Taiwan Affairs Office of China's State Council ... ( read original story ...)
Taiwan, Poland sign MOU on financial technology cooperation
Taipei, March 6 (CNA) Taiwan and Poland signed a memorandum of understanding (MOU) Tuesday on cooperation in the development of financial technology. The cooperation agreement was signed by Wellington Koo (顧立雄), chairman of the Financial Supervisory ... ( read original story ...)
China to review Hon Hai unit IPO application unusually quickly
Taipei, March 5 (CNA) China's top securities regulator will soon review an initial public offering (IPO) application filed by a subsidiary of Taiwan-based manufacturing giant Hon Hai Precision Industry Co. In a statement released Sunday, the China ... ( read original story ...)
Taiwan tea brand retailer charts path to sales growth
With a market share of 24.3 percent, the premier Taiwanese tea-based beverage brand has opened retail outlets in Taiwan, Japan, Singapore ... and adversely affected," the company says in the IPO prospectus. Lego Corporate Finance Limited is the sole ... ( read original story ...)
Taiwan’s new central bank chief sees risks to financial stability
TAIPEI Taiwan's new central bank governor sees mounting challenges ahead in maintaining the financial stability of the island's trade-reliant economy, especially with rapid capital flows happening in the global market. "We think global capital movements ... ( read original story ...)
New Taipei deputy mayor announces mayoral bid
The mayor approved his resignation, and a handover ceremony will be held March 6, during which New Taipei City Department of Finance Director-General Lu Wei-ching (呂衛青) will take over as deputy mayor. KMT Organizational Development Committee Director ... ( read original story ...)
Air New Zealand launching Auckland-Taipei flights
Air New Zealand will start operating non-stop flights between Auckland and Taipei, Taiwan in November. The airline says it'll fly between the cities up to five times a week with its Boeing 787-9 Dreamliner aircraft. The route's travel time is just over 11 ... ( read original story ...)
Sercomm Introduces New Series of LTE-M IoT Devices
Leveraging Orange's LTE-M Network, Sercomm's New IoT Devices Answer the Needs of Numerous Markets TAIPEI, Taiwan, Feb. 27, 2018 /PRNewswire/ -- Sercomm (5388.TW), a leading manufacturer and supplier of telecom equipment, announced today the availability of ... ( read original story ...)
Clifford Beaumont – UK Home Loan Approvals Rise
nbsp; TAIPEI, TAIWAN, February 27 ... indicating that households remain cautious in the current economic climate. UK Finance, a mortgage industry association, reported that the number of approved home loans increased from 36,085 to ... ( read original story ...)
Taiwan military veterans clash with police in pension protest
Taipei (AFP) - Protesters including senior military veterans ... "Within the limits the state finance allows ... we hope to offer the best solution," it added. Taiwan's pension schemes vary for different occupations and public sector retirees typically ... ( read original story ...)
Deutsche Bank to bolster balance sheet with funds IPO
Taiwan and Singapore. DWS had 3,800 staff managing €700-billion worldwide at the end of 2017. Deutsche Bank is global coordinator on the IPO, while Barclays, Citi, Credit Suisse, BNP Paribas, ING, Morgan Stanley, UBS and UniCredit are bookrunners. ( read original story ...)
Taiwan’s new central bank head sees risks to financial stability
TAIPEI -- Taiwan's new central bank governor, Yang Chin-long, said on Monday he saw mounting challenges ahead to maintain the trade-reliant economy's financial stability amid rapid capital flows in the global market. "We think global capital movements ... ( read original story ...)
Week In Review: Taiwan Liposome Files For $50 Million Secondary IPO In The U.S.
Taiwan Liposome (Pending:TLC) (TW:4152), a company developing extended-release delivery of known drugs, filed for a $50 million IPO on the NASDAQ exchange (see story). The company is already listed in Taiwan, where it has a market capitalization of $198 ... ( read original story ...)
Taiwan records 30th straight quarter of net financial account outflow
Taipei, Feb. 24 (CNA) Taiwan has recorded a net outflow in its financial account for the 30th consecutive quarter as of the fourth quarter of last year, the longest run in the country's history, according to the central bank. Citing data, the central bank ... ( read original story ...)
Taiwan shares end below 6-month moving average of 10,682 points
In the financial sector, shares in Fubon Financial Holding Co. lost ... Foreign institutional investors sold a net NT$5.95 billion worth of shares on the main board, according to the Taiwan Stock Exchange (TWSE). Cathay Securities Corp. said as long ... ( read original story ...)