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Hong Kong sees weakest technology IPO since 2014

Bloomberg Frenzied demand for Ping An Healthcare and Technology Co.’s initial public offering failed to translate into a strong debut. The company, known as Good Doctor, closed unchanged in the worst first-day performance by a technology company on the city’s main board since October 2014. That’s after the company drew HK$373 billion ($47.5 billion) of retail money for a $1.1 ...

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Costly lessons for leaders eyeing China’s Belt-and-Road billions

Bloomberg In the middle of a brand-new four-lane highway cutting through southern Sri Lanka’s jungle, Vijitha Gamage and his family left large piles of freshly harvested rice paddy to dry on the baking asphalt. They didn’t need to dodge traffic. On a recent afternoon, the barely used highway built with Chinese money through a rural stretch of the island nation ...

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US-China trade talks end in discord

Bloomberg Two days of US-China trade discussions ended in Beijing with an agreement to keep on talking, and little else. China’s official Xinhua News Agency reported that both sides reached a consensus on some trade issues while acknowledging major disagreements on some matters. It said they would continue discussions, without providing specifics for when they would start again. Neither side ...

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