Sea says Shopee was number one by GMV in the first half of the year for a region it calls “Greater Southeast Asia” – which oddly includes Taiwan, further to the north. But the IPO market is not the only one suffering from the tepid market. ( read original story ...)
Singapore’s Sea Files For US$1 Billion IPO On The New York Stock Exchange
Singapore-headquartered, Southeast Asia-based Sea, formerly known as Garena, has filed for an IPO on the New York Stock Exchange ... Sea operates across Indonesia, Taiwan, Vietnam, Thailand, the Philippines, Malaysia, and Singapore, but derives most ... ( read original story ...)
Taiwan to set up NT$100 billion financing fund: president
Kaohsiung, Sept. 25 (CNA) Taiwan will set up a NT$100 billion (US$3.31 billion) fund to finance Taiwan's public construction cooperation with diplomatic allies and nations covered by the New Southbound Policy, President Tsai Ing-wen (蔡英文) said Monday. ( read original story ...)
Breakingviews – Life could get choppy for Sea after $1 bln IPO
An IPO at this stage could make the fight to come harder ... half of the year for a region it calls “Greater Southeast Asia” – which oddly includes Taiwan, further to the north. For its part, Alibaba-backed rival Lazada says it was number one ... ( read original story ...)
Cathay Financial forecasts Taiwan’s 2018 GDP growth at 2%
Taipei, Sept. 25 (CNA) Cathay Financial Holding Co. (國泰金), one of Taiwan's leading financial holding companies, on Monday projected that the domestic economy will grow by 2 percent in 2018, slightly slower than its forecast growth for 2017. ( read original story ...)
July-August winning uniform invoice numbers released
Taipei, Sept. 25 (CNA) The winning number for the NT$10 million (US$338,000) special prize in the July-August uniform invoice lottery is 33612092, the Ministry of Finance (MOF) announced Monday. The prize must be claimed by Jan. 5, 2018, the ministry said ... ( read original story ...)
Rap and the Party: China taps youth culture to hook millennial cadres
"There's only one China, HK, Taipei, they are my fellas," ran the lyrics of the ... though the band says there was no other financial backing. The party connection deepened in September last year when Beijing sent the band to Woody Island, in a disputed ... ( read original story ...)
Hip hop with Chinese characteristics: the Communist Party plan to hook millenials
“There’s only one China, HK, Taipei, they are my fellas,” ran the lyrics of the ... though the band says there was no other financial backing. The party connection deepened in September last year when Beijing sent the band to Woody Island, in a ... ( read original story ...)
HKEX’s delisting proposal lacks needed firepower
At the time Frederick Ma Si-hang, Secretary for Financial Services and the Treasury apologised ... Nasdaq delists any company trading below US$1 for 30 days. In Taipei, companies can be removed from the exchange if the market capitalisation falls below ... ( read original story ...)
‘Sing! China’ concert in Taiwan halted amid protests
A music concert in Taiwan descended into chaos over the weekend when independence activists clashed with pro-China groups, with three people injured in the scuffles. The incident comes amid heightened tensions between the self-ruled island and the mainland ... ( read original story ...)
Mild Rebound Tipped For Taiwan Stock Market
Mega Financial fell 0.42 percent, Largan Precision plummeted 5.88 percent, Hon Hai Precision tumbled 2.70 percent, Catcher Technology plunged 3.85 percent, Taiwan Semiconductor Manufacturing Company skidded 1.13 percent, Taiwan Steel shed 0.46 percent and ... ( read original story ...)
Tsai emphasizes constitutional reform at DPP national congress
Taipei, Sept. 24 (CNA) President Tsai Ing-wen (蔡英文 ... Other areas include freedom and human rights, political systems, finance and economics, social welfare, labor affairs, agriculture, forestry, fisheries and animal husbandry. ( read original story ...)
HTC Corp (2498.TW)
TAIPEI/SINGAPORE When HTC Corp brought back founder Cher Wang two years ago to turn around the struggling Taiwanese mobile phone maker, investors hoped she could stem a sharp loss in market share to Apple and Samsung Electronics. ( read original story ...)
Taiwan’s credit card market to grow for the eighth consecutive year
Taipei, Sept. 24 (CNA) Taiwan's credit card market is set to grow for the eighth consecutive year, according to the Financial Supervisory Commission (FSC). According to FSC data, the local credit card market has increased every year since it hit a slump in ... ( read original story ...)
Legg Mason (LM) & Waddell & Reed Financial (WDR) Head-To-Head Contrast
Switzerland and Taiwan. Waddell & Reed Financial, Inc., incorporated on December 24, 1981, is a holding company. The Company is a mutual fund and asset management company. The Company provides investment management, investment advisory, investment product ... ( read original story ...)
It’s official: Sea files for IPO on NYSE
Goldman Sachs, Morgan Stanley, and Credit Suisse will be the bookrunners for the IPO. The number of shares and their price ... the Philippines, Malaysia, Taiwan, and Singapore. It rebranded itself Sea from Garena on its eighth birthday on May 8 this ... ( read original story ...)