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Foreign investment

Mainland China’s provinces seek overseas capital, with Hong Kong as go-between

by Anas Siddiqui
Mainland China’s provinces seek overseas capital, with Hong Kong as go-between

Some localities in mainland China are taking active steps to woo overseas capital via Hong Kong as foreign direct investment (FDI) continues to decline, a move seen by analysts as …

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InvestHK expects 25 proptech firms to set up in Hong Kong this year

by Anas Siddiqui
InvestHK expects 25 proptech firms to set up in Hong Kong this year

InvestHK, the agency responsible for attracting foreign investment, said at least two dozen proptech companies are expected to set up in the city, after attracting HK$273.7 million (US$35 million) of …

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China’s overcapacity presents ‘opportunity’ for British service firms as businesses go global

by Anas Siddiqui
China’s overcapacity presents ‘opportunity’ for British service firms as businesses go global

British firms in China are less worried than their Western peers about excess capacity from the Asian manufacturing giant, instead seeing space for partnership as Chinese companies venture overseas, said …

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Asian investors give Saudi Arabia’s stock exchange a vote of confidence with rising activity, says Tadawul CEO

by Anas Siddiqui
Asian investors give Saudi Arabia’s stock exchange a vote of confidence with rising activity, says Tadawul CEO

Reforms implemented by the Saudi Capital Market Authority and initiatives from Tadawul Group have resulted in an uptick in the market’s overall number of registered QFIs. By the end of …

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Australia’s national security in spotlight as it steps up screening foreign investments in ‘sensitive’ sectors

by Walter Watson
Australia’s national security in spotlight as it steps up screening foreign investments in ‘sensitive’ sectors

Chalmers said the overhaul was not targeted at specific countries, such as China, which has been accused of foreign interference in Australia in the past. Any foreign investment applications involving …

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China’s ‘extreme’ national security focus a drag on business, US trade group says

by Anas Siddiqui
China’s ‘extreme’ national security focus a drag on business, US trade group says

China should dial down its “extreme” emphasis on national security and keep foreign companies in mind when crafting industrial policy to give them the incentive to expand their presence in …

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China scraps ownership caps on some telecoms services, courting foreign capital resurgence

by Anas Siddiqui
China scraps ownership caps on some telecoms services, courting foreign capital resurgence

China has designated areas where limits on foreign investment for select telecommunications services will be lifted, with the cities of Beijing, Shanghai, Shenzhen and the island province of Hainan acting …

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Norway fund divestment of Rio Tinto on line over environmental damage at Mineracao Rio do Norte mine in Brazil

by Anas Siddiqui
Norway fund divestment of Rio Tinto on line over environmental damage at Mineracao Rio do Norte mine in Brazil

The ethics adviser to Norway’s $2.3 trillion sovereign wealth fund has raised concerns with Rio Tinto about the environmental impact of a mine in Brazil, reviving questions about the fund’s …

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Australia facing investment ‘drought’, review needed

by Anas Siddiqui
Australia facing investment ‘drought’, review needed

The Business Council of Australia is calling for an urgent review into foreign investment, warning the nation is facing a “drought” and stands to be left behind. In a submission …

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China’s ‘two sessions’ 2024: did premier’s speech move the needle for foreign, private business?

by Anas Siddiqui
China’s ‘two sessions’ 2024: did premier’s speech move the needle for foreign, private business?

Beijing is angling to revive confidence in private entrepreneurs and foreign investors via a renewed campaign for a unified national market and better business environment – an essential task to …

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