Caixin
Company Index
New York Stock Exchange
New York Stock Exchange
NEWS
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  • In 2023, global oil and gas upstream M&A exceeded $270 billion, with significant deals in the U.S. shale sector, including Exxon Mobil's acquisition of Pioneer Natural Resources for about $65 billion and Chevron's purchase of Hess Corporation for $60 billion.
  • The surge in acquisitions reflects a strategic focus on energy security and the reevaluation of fossil fuels amidst challenges to renewable energy's cost, supply chain, efficiency, and stability. U.S. companies are notably aggressive in consolidating assets, particularly in the Permian Basin.
  • The trend contrasts with European firms' continued commitment to carbon reduction and renewable energy investments. However, geopolitical tensions and the need for energy security are prompting a global reassessment of oil and gas assets, with potential implications for future industry consolidation both within and beyond North America.
Feb.24 2024 14:34 PM
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Ride-hailing giant trading OTC in U.S. outperforms flat Golden Dragon Index as investors bet on Hong Kong debut
Jun.16 2023 04:37 AM
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More Chinese companies are turning to Hong Kong to hedge the growing risk of being delisted in New York
Aug.12 2022 21:05 PM
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Li Ka-shing distances himself from AMTD after meteoric stock surge baffles investors. Starbucks’ revenue in China plunges
Aug.5 2022 08:43 AM
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SEC says American oversight agency couldn’t fully review e-commerce giant’s fiscal 2022 books as negotiators appear deadlocked
Aug.2 2022 04:00 AM
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U.S.-listed Chinese companies expected to follow example of electric car maker Nio, whose shares started trading in Singapore in May
Jul.23 2022 17:43 PM
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China’s central bank rattles off 11 violations committed by the ride-hailing giant’s online payment arm
Jul.18 2022 21:12 PM
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The New York-listed Chinese chain could raise as much as $102 million in a second primary listing in the Asian financial hub
Jun.30 2022 20:28 PM
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Hikvision considers spinning off robot unit, Didi departs NYSE, and China’s NEV sales more than double
Jun.14 2022 20:36 PM
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Tangshan launches a flash campaign to curb gang violence. Chinese household savings grow. Didi delists from the NYSE
Jun.14 2022 08:58 AM
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Financial leaders at Davos forum on China see increased resilience and ‘tremendous’ opportunity despite short-term volatility
May.24 2022 02:50 AM
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Ride-hailing giant discloses it can’t complete its China cybersecurity review before it delists shares in New York
May.13 2022 04:48 AM
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The Chinese ride-hailing giant cites ongoing government cybersecurity review for the delay, throwing cold water on the notion that its shares soon might be trading in Hong Kong
Apr.18 2022 20:20 PM
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The firm is also pursuing a secondary listing in Singapore, as U.S.-listed Chinese companies face an environment of regulatory uncertainty
Feb.28 2022 19:20 PM
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Admitting ‘pre-profit or pre-revenue’ stocks could help them fund R&D while bolstering HKEX as a capital-raising venue
Feb.24 2022 05:11 AM
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CSRC outlines seven priorities for its work in 2022, including healthy development of capital market and registration-based IPO system
Jan.18 2022 03:59 AM
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The firm, which has been caught in a regulatory storm at home, said it would seek to list in Hong Kong
Dec.3 2021 10:44 AM
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Stock exchange’s president makes comment as new listings are blocked in a Sino-U.S. dispute over access to audits
Nov.18 2021 05:03 AM
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Daojia, which was spun out of 58.com several years ago, is seeking to expand services, boost marketing and to fund potential investments in crowded Chinese market
Jul.5 2021 22:01 PM
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Fosun and BioNTech are to set up a joint venture to produce a Covid-19 vaccine. Three Chinese telecom companies are to be delisted from the NYSE
May.11 2021 09:23 AM