Month: May 2020

Netease aims to raise $2-$3 billion in Hong Kong listing

HONG KONG (Reuters) – Chinese tech group Netease Inc aims to raise between $2 and $3 billion in one of the largest equity deals so far this year when it launches a secondary listing in Hong Kong on Monday, said three people familiar with the transaction.

The offering from the Chinese online gaming company is expected to be one of several large secondary listings in the city this year, as rising tension between the United States and China have led Washington to question whether Chinese companies should be able to list in New York.

Netease will start the institutional book build on Monday and the retail offering will run until the end of the week, the sources told Reuters. They asked not to be named as the information has not been made public.

Netease declined to comment on the listing process.

In its filings to the Hong Kong Stock Exchange,

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SpaceX Crew Dragon delivers two NASA astronauts to International Space Station

CAPE CANAVERAL, Fla. (Reuters) – Just under 19 hours after launching from Florida, NASA astronauts Bob Behnken and Doug Hurley arrived at the International Space Station aboard SpaceX’s Crew Dragon capsule on Sunday, marking the first U.S. space capsule to do so with a crew since 2011.

After a tense automatic docking sequence successfully linked Crew Dragon to the station’s docking adapter, the station’s current crew greeted Behnken and Hurley at an on-schedule hatch opening at 1:02 p.m. EDT. The critical milestone kicks off the crew’s potentially months-long stay in the orbital laboratory.

“It’s been a real honor to be just a small part of this nine-year endeavor since the last time a United States spaceship has docked with the International Space Station,” Hurley said upon a successful “soft-docking.”

The launch on Saturday by SpaceX, the private rocket company of billionaire entrepreneur Elon Musk, represented another milestone for the reusable

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Russia applauds SpaceX launch but calls Trump’s reaction ‘hysteria’

MOSCOW (Reuters) – Russia’s space agency criticised U.S. President Donald Trump’s “hysteria” about the first spaceflight of NASA astronauts from U.S. soil in nine years, but also said on Sunday it was pleased there was now another way to travel into space.

FILE PHOTO: A SpaceX Falcon 9 rocket and Crew Dragon spacecraft carrying NASA astronauts Douglas Hurley and Robert Behnken lifts off during NASA’s SpaceX Demo-2 mission to the International Space Station from NASA’s Kennedy Space Center in Cape Canaveral, Florida, U.S., May 30, 2020. REUTERS/Joe Skipper/File Photo

SpaceX, the private rocket company of billionaire entrepreneur Elon Musk, launched two Americans into orbit on Saturday en route to the International Space Station (ISS), a landmark mission that ended Russia’s monopoly on flights there.

Trump, who observed the launch, said the United States had regained its place as the world’s leader in space, that U.S. astronauts would soon land on

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Exclusive: Mexican broadcaster Televisa to launch mobile phone service, challenging Slim

MEXICO CITY (Reuters) – Mexican broadcaster Televisa said on Sunday it will start offering mobile phone service, a bid to challenge billionaire Carlos Slim’s America Movil, which has long dominated the country’s telecommunications market.

FILE PHOTO: The logo of broadcaster Televisa is pictured at its offices in Ciudad Juarez, Mexico, November 16, 2017. REUTERS/Jose Luis Gonzalez/File Photo

Rather than building infrastructure, Televisa will operate as a mobile virtual network operator, or MVNO, and begin by offering service to existing customers of its cable and home internet packages, sold under its Izzi brand. The broadcaster will rent space on Mexico’s wholesale telecom network, operated by Altan Redes.

Televisa originally planned to roll out the service in September, Izzi Chief Executive Salvi Folch said in an interview. But as cases of the coronavirus began climbing, executives sensed the economic turmoil stemming from the virus would create more demand for low-price phone packages

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