HONG KONG : Chinese internet giant Baidu Inc is tapping debt markets with a two-tranche, U.S. dollar sustainability bond in a deal that could test global investor appetite for China tech assets as Beijing cranks up regulatory scrutiny.
Baidu has indicated to investors the 5.5 year tranche will be priced around U.S. Treasuries plus 115 basis points, while the 10-year bond will be around U.S. Treasuries plus 150 basis points, according to a term sheet reviewed by Reuters.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Japan sees peril in US chip hub to counter ChinaTOKYO : Japan is worried that U.S. plans to pour billions of dollars into chip manufacturing to fend off China could finish off what's left of a Japanese semiconductor industry that once dominated the world.After 'three lost decades', according to Japan's industry ministry, the country's share of global c
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Analysis: Valuing China assets no easy task after US$1 trillion wipeoutLONDON : Any veteran investor will tell you that financial markets overshoot when trouble hits, but what if that market is the world's second-largest economy and the government has decided the rules of the game have changed? China's months-long regulatory crackdown https://www.reuters.com/world/china/educ
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Valuing China assets no easy task after US$1 trillion wipeoutLONDON: Any veteran investor will tell you that financial markets overshoot when trouble hits, but what if that market is the world\u0027s second-largest economy and the government has decided the rules of the game have changed? China\u0027s months-long regulatory crackdown has included big names in e-commerce, the
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
China market regulator approves Ping An's acquisition of New Founder GroupBEIJING : China's market regulator has approved Ping An Life Insurance's acquisition of a majority stake in New Founder Group, which was established after Founder Group started court-led restructuring proceedings last year.The anti-trust bureau of the State Administration for Market Regulation issued the
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Tesla expands legal, external relations workforce in ChinaBEIJING : Tesla Inc is hiring managers for legal and external relations teams in China, according to a job post on the its Wechat account, as the electric-car maker faces public scrutiny in the country over safety and customer service complaints.U.S.-based Tesla, which is making electric Model 3 sedans an
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
China holds assault drills near Taiwan after 'provocations'BEIJING: China carried out assault drills near Taiwan on Tuesday (Aug 17) with warships and fighter jets exercising off the southwest and southeast of the island, in what the country\u0027s armed forces said was as a response to \u0022external interference\u0022 and \u0022provocations\u0022. Taiwan, which Beijing claims as Chinese
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »