The FTSE China A50 Index comprises the top 50 A-shares by market capitalization listed on the Shanghai and Shenzhen bourses. With a forward price-earnings ratio of around 10 times and earnings growth picking up, the index is poised to gain, analysts maintain.
The HKSAR is a separate member of the WTO and enjoys a special status as a separate customs territory under "one country, two systems".Products exported from Hong Kong are marked as "Made in Hong Kong".
The Hong Kong Stock Exchange — Asia's third-largest bourse in terms of market capitalization after the Tokyo Stock Exchange and the Shanghai Stock Exchange — is also revamping its IPO rules to allow technology companies with a dual-class structure to float. The new rules are likely to come into force after the end of the consultation period in late April. Xiaomi, said to command a valuation of billion, is reported to be among the first batch of companies to list after the planned reforms.
The Hong Kong Special Administrative Region government on Wednesday ordered three more types of entertainment venues to close for 14 days while reporting 51 new cases of the novel coronavirus, with the youngest patient an infant only 40 days old.
The Food and Drug Administration on Tuesday put out updated stricter safety standards Tuesday for makers of COVID-19 vaccines after White House officials had blocked their release for two weeks.
The Hong Kong leader also said the government will ramp up enforcement of the national security law, raise public awareness of the law, and report regularly to the central government.
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The House passed the temporary extension by voice vote without debate, so as to submit the legislation for signing by US President Donald Trump into law as soon as possible.
The Hong Kong Polo Team in Beijing. [Photo provided to China Daily]
The FTC has jurisdiction over the takeover because Syngenta sells its products in the US. The company got more than a quarter of its revenue in 2015 from seeds and crop protection in North America. The company also has several research and production facilities in the US.
The Fed doesn't discuss possible action prior to meeting.