Hong Kong

Banks are reportedly scrambling to move IPOs of Chinese companies from New York to Hong Kong after regulators cracked down on overseas listings

4 days ago   |   By Business Insider

Martin Puddy/Getty Images
Regulators' harsh response to Didi's IPO has forced the 20 or so Chinese companies that had plans to go public in New York to re-evaluate, according to a Financial Times report .
34 Chinese firms raised $12.4 billion in New York capital markets in the first half of this year, according to Dealogic data.
Data-oriented companies have been most eager to plan for Hong Kong listings, in large part because the mainland government's crackdown has centered around data privacy.
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Investment banks are...
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US stocks trade mixed after weekly jobless claims come in higher than expected

4 days ago   |   By Business Insider

A trader works on the floor at the New York Stock Exchange in New York City, New York, U.S., March 3, 2020.
Andrew Kelly/Reuters
US stocks were mixed on Thursday after weekly jobless claims came in higher than expected. 419,000 Americans filed for unemployment last week, well above the estimate of 350,000. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. US stocks halted their uptrend early Thursday morning and moved lower following a surprise jump in weekly jobless claims. 419,000 Americans filed for unemployment last week, well above the estimate of 350,000...
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New York City will get its first LGBTQ+ museum by 2024

New York City will get its first LGBTQ+ museum by 2024

4 days ago   |   By Travel and Tourworld

New York City to get its very first LGBTQ+ museum that should be ready for the public in 2024. It has been reported that the New-York Historical Society is going to expand more than 70000 ft in order to make way for the all new American LGBTQ+ Museum.
The new museum is going to take over the New-York Historical Society's fourth floor and get two galleries, along with a roof garden. It is also going to have areas for offices and storage and will be designed by Robert A.M. Stern Architects. If all goes well, you will be able to visit the museum by 2024. The museum is going to be dedicated to...
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