Tag: financials

JHL Biotech, a Taiwan developer of cheaper alternatives to patent-protected biological drugs, has raised US$106 million from a convertible bond issue, ahead of its planned Hong Kong initial public offering (IPO) aiming to raise some US$250 million. ( read original story ...)

For the day, the index gained 5.37 points or 0.05 percent to finish at 10,942.30 after trading between 10,918.12 and 10,977.81 on turnover of 127.90 billion Taiwan dollars. Among the actives, Cathay Financial lost 0.55 percent, while Mega Financial fell 0 ... ( read original story ...)

FII shows the closest Beijing can get to matching Taiwan in technology is to buy into a rare mainland IPO and hope to find some leverage, while picking up some business tips along the way. Dealing with Terry Gou though, it may learn that you can’t ... ( read original story ...)

M17 Entertainment, a Taiwan-based live music streaming platform and dating app, announced terms for its IPO on Friday. The company plans to raise $83 million by offering 7.51 million ADSs at a price range of $10 to $12. At the midpoint of the proposed ... ( read original story ...)

The directorate general of budget, accounting and statistics said Friday that it has raised its forecast for Taiwan’s gross domestic product growth for 2018 to 2.6% after the country made a strong showing in the first quarter, CNA reported. The DGBAS ... ( read original story ...)

Taiwan’s loss of a second diplomatic ally in less than a month suggests China’s efforts to isolate the island are accelerating. The West African nation of Burkina Faso broke off formal relations with Taipei in favor of Beijing on Thursday, reducing to ... ( read original story ...)

For the day, the index collected 50.75 points or 0.47 percent to finish at 10,936.93 after trading between 10,883.52 and 10,942.64 on turnover of 126.46 billion Taiwan dollars. Among the actives, Shinhan Financial collected 0.37 percent, while Fubon ... ( read original story ...)

Once China was admitted to the UN in 1971, most countries gradually withdrew recognition of the Republic of China, as Taiwan is formally known, in favour of formalising ties with the government in Beijing. While both sides have used financial aid to ... ( read original story ...)

Wu expressed regret at Burkina’s decision, and added that Taiwan cannot compete with China’s financial resources. Taiwan has accused China of luring its friends away with offers of generous aid packages. China denies this, and says Taiwan is a part of ... ( read original story ...)

TAIPEI/SHANGHAI (Reuters) - Foxconn Industrial Internet , a subsidiary of the world's largest contract manufacturer Foxconn , announced plans to raise up to 27.1 billion yuan ($4.26 billion) in what will be mainland China's biggest IPO ... ( read original story ...)

SHANGHAI — British Airways, Lufthansa and Air Canada are among 20 carriers that now refer to Taiwan, the self-ruled island that Beijing considers its territory, as a part of China on their global websites , in line with Beijing's demands that the White ... ( read original story ...)

Thirty-seven percent of Taiwanese support their bank sharing their personal data with other companies to access financial products. However, 31 percent do not support it, citing concerns about privacy and security. Taiwan recorded the highest level of ... ( read original story ...)

BEIJING—A unit of Taiwan’s contract electronics manufacturer Foxconn Technology Group said it plans to raise 27.1 billion yuan, or $4.25 billion, through an initial public offering in Shanghai, potentially marking China’s biggest IPO since 2015. ( read original story ...)

Among the actives, China Steel fell 0.43 percent, while Taiwan Steel Union retreated 2.50 percent, Cathay Financial shed 0.55 percent, Fubon Financial collected 0.94 percent, Mega Financial lost 0.74 percent, Formosa Plastics tumbled 2.67 percent ... ( read original story ...)

Sentiment toward Taiwan’s economy weakened in May after the composite index of monitoring indicators fell slightly at the end of March, a poll released by Cathay Financial Holding Co. said Monday, CNA reported. Citing the results of the survey ... ( read original story ...)

Standing on his company's sprawling campus in central Taiwan, Lin Nan-juh says he's able to make any plane his island's government calls for. "We can do whatever's asked," says Lin, president of Aerospace Industrial Development Corp, or AIDC, a leader in ... ( read original story ...)