S. D. Warren Co. v. Maine Board of Environmental Protection

SinoHytec Successfully Listed on the Main Board of HKEX

Retrieved on: 
Thursday, January 12, 2023

SinoHytec adheres to the R&D principles of "Advance Research", "Continuous Development" and "In-depth Promotion".

Key Points: 
  • SinoHytec adheres to the R&D principles of "Advance Research", "Continuous Development" and "In-depth Promotion".
  • In addition, the Company plans to develop and manufacture membrane electrodes, another major fuel cell stack component, through its main associate company, Shanghai Maximfuelcell Technology Co., Ltd.
  • Mr. Zhang Guoqiang, Chairman, Executive Director and General Manager of SinoHytec said: "Today, SinoHytec is officially listed on the Main Board of the Hong Kong Stock Exchange, which is an important milestone in the Company's development and marks the entry of SinoHytec into the international capital market.
  • We would like to express our gratitude to our investors for their trust and support of SinoHytec.

Kingsoft Cloud's Dual Primary Hong Kong Listing: Resilience Rooted in Technology-based Business, High-quality Development Expected from Improving Profitability

Retrieved on: 
Friday, December 30, 2022

In combination with in-depth understanding of strategically selected verticals, Kingsoft Cloud accomplished fast growth in both business scale and financials.

Key Points: 
  • In combination with in-depth understanding of strategically selected verticals, Kingsoft Cloud accomplished fast growth in both business scale and financials.
  • Kingsoft Cloud made proactive adjustments, allocated resources in favor of more profitable products and projects to achieve improved sustainability, profitability and operating cash flow.
  • Kingsoft Cloud has always been strongly supported by the strategic shareholders Xiaomi and Kingsoft Group.
  • He Haijian, CFO of Kingsoft Cloud, also said, "Primary listing in Hong Kong will broaden our investor base, facilitate our participation in Hong Kong Stock Connect, and open up investment cooperation channels to more Chinese mainland investors.

SinoHytec Announces Proposed Listing on the Main Board of the Hong Kong Stock Exchange, Offer Price Between HK$60 and HK$76 per H Share, Raise up to HK$1,540.7 million

Retrieved on: 
Thursday, December 29, 2022

The Hong Kong Public Offering will commence at 9 a.m., December 29, 2022 (Thursday), and close at 12:00 noon on January 5, 2023 (Thursday).

Key Points: 
  • The Hong Kong Public Offering will commence at 9 a.m., December 29, 2022 (Thursday), and close at 12:00 noon on January 5, 2023 (Thursday).
  • Dealings in the shares of SinoHytec on the Main Board of the Hong Kong Stock Exchange is expected to commence on January 12, 2023 (Thursday), with the stock code 2402 and in board lots of 50 Offer Shares each.
  • Established in 2012, the company is a pioneer in the R&D and commercialization of fuel cell systems in China and started batch production in 2016.
  • As of December 20, 2022, the company's fuel cell systems have powered over 2,800 fuel cell vehicles on the road in China.

In NCLA Amicus Win, Ohio Supreme Court Rejects Deference to Agency Interpretations

Retrieved on: 
Tuesday, January 3, 2023

Washington, D.C., Jan. 03, 2023 (GLOBE NEWSWIRE) -- The Supreme Court of Ohio, in a 4-3 opinion , denounced agency deference and ruled that the state’s courts need not defer to agency interpretations of ambiguous statutes.

Key Points: 
  • Washington, D.C., Jan. 03, 2023 (GLOBE NEWSWIRE) -- The Supreme Court of Ohio, in a 4-3 opinion , denounced agency deference and ruled that the state’s courts need not defer to agency interpretations of ambiguous statutes.
  • In line with NCLA’s analysis, the Supreme Court of Ohio held that mandatory agency deference violates separation-of-powers principles and strips courts of the judicial authority “to say what the law is.” Citing NCLA founder and CEO Philip Hamburger’s scholarship, the Court also highlighted how agency deference results in systematically biased judgments in cases where a government agency is also a party.
  • NCLA commends the Supreme Court of Ohio for ruling that courts, not government agencies, have the final say over ambiguous laws.
  • NCLA applauds the Court for clarifying Ohio’s deference jurisprudence and joining the increasing number of courts in other states who have similarly rejected deference and declined to cede judicial authority to executive agencies.”

KANZHUN LIMITED Successfully Listed on the Main Board of The Stock Exchange of Hong Kong

Retrieved on: 
Thursday, December 22, 2022

BEIJING, Dec. 22, 2022 (GLOBE NEWSWIRE) -- KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ), a leading online recruitment platform in China, today announced that it has successfully listed, by way of introduction, its Class A ordinary shares (the “Shares”) on the Main Board of The Stock Exchange of Hong Kong Limited (the “HKEX”).

Key Points: 
  • BEIJING, Dec. 22, 2022 (GLOBE NEWSWIRE) -- KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ), a leading online recruitment platform in China, today announced that it has successfully listed, by way of introduction, its Class A ordinary shares (the “Shares”) on the Main Board of The Stock Exchange of Hong Kong Limited (the “HKEX”).
  • The Shares are traded on the Main Board of the HKEX under the stock code “2076” in board lots of 100 Shares, and the stock short name is “BOSS ZHIPIN-W”.
  • The Company’s American depositary shares (the “ADSs”), each representing two Shares, remain primarily listed and traded on the Nasdaq Global Select Market (the “Nasdaq”).
  • The Shares listed on the Main Board of the HKEX are fully fungible with the ADSs listed on the Nasdaq.

Taylor Maritime Investments Limited and Grindrod Shipping Holdings Ltd. Jointly Announce the Expiration and Results of the Subsequent Offering Period

Retrieved on: 
Tuesday, December 20, 2022

The Subsequent Offering Period expired at 11:59 p.m., New York time, on December 19, 2022.

Key Points: 
  • The Subsequent Offering Period expired at 11:59 p.m., New York time, on December 19, 2022.
  • Computershare Trust Company, N.A., the depositary for the Offer, has advised that, as at 11:59 p.m., New York time, on December 19, 2022, a total of 1,839,787 Shares had been validly tendered pursuant to the Offer during the Subsequent Offering Period, representing approximately 9.45% of the outstanding Shares (including the number of Shares resulting from the valid vesting and settlement in full of the Company Forfeitable Shares).
  • All Shares that were validly tendered during the Subsequent Offering Period, on the terms and subject to the conditions and restrictions of the Offer, have been accepted for payment.
  • Delisting and deregistration of the Shares would likely significantly reduce the liquidity and marketability of any Shares that have not been tendered pursuant to the Offer.

KANZHUN LIMITED Announces Proposed Dual Primary Listing on The Stock Exchange of Hong Kong Limited

Retrieved on: 
Friday, December 16, 2022

The Company has received a letter of in-principle approval to the listing application from the HKEX on December 15, 2022 (Beijing/Hong Kong Time) for the dual primary listing of the Shares on the Main Board of the HKEX.

Key Points: 
  • The Company has received a letter of in-principle approval to the listing application from the HKEX on December 15, 2022 (Beijing/Hong Kong Time) for the dual primary listing of the Shares on the Main Board of the HKEX.
  • The listing document relating to the proposed dual primary listing of the Shares by way of introduction on the Main Board of the HKEX (the “Listing Document”) has been published on the website of the HKEX on December 16, 2022 (Beijing/Hong Kong Time).
  • With respect to the proposed dual primary listing on the Main Board of the HKEX, Morgan Stanley Asia Limited and Goldman Sachs (Asia) L.L.C.
  • Please refer to the section headed “Market Arrangements to Facilitate Dealings in Hong Kong” of the Listing Document for further details.

360 DigiTech Announces Pricing of Global Offering

Retrieved on: 
Wednesday, November 23, 2022

SHANGHAI, China, Nov. 23, 2022 (GLOBE NEWSWIRE) -- 360 DigiTech, Inc. (NASDAQ: QFIN) (360 DigiTech or the Company), a Credit-Tech platform in China, today announced the pricing of its global offering (the Global Offering) of 5,540,000 Class A ordinary shares of the Company (the Offer Shares).

Key Points: 
  • SHANGHAI, China, Nov. 23, 2022 (GLOBE NEWSWIRE) -- 360 DigiTech, Inc. (NASDAQ: QFIN) (360 DigiTech or the Company), a Credit-Tech platform in China, today announced the pricing of its global offering (the Global Offering) of 5,540,000 Class A ordinary shares of the Company (the Offer Shares).
  • The Global Offering comprises a Hong Kong public offering (the Hong Kong Public Offering) and an international offering (the International Offering).
  • Citigroup Global Markets Asia Limited and China International Capital Corporation Hong Kong Securities Limited act as the joint global coordinators for the proposed Global Offering.
  • Citigroup Global Markets Asia Limited (in relation to the Hong Kong Public Offering only), Citigroup Global Markets Limited (in relation to the International Offering only) and China International Capital Corporation Hong Kong Securities Limited, CCB International Capital Limited, Futu Securities International (Hong Kong) Limited, and Tiger Brokers (HK) Global Limited are the joint bookrunners for the proposed Global Offering.

SportsGrid Network launches on Xiaomi Mi TV + in España

Retrieved on: 
Tuesday, November 22, 2022

NEW YORK, Nov. 22, 2022 /PRNewswire/ -- SportsGrid, the world's first and only 24-hour streaming FAST channel serving the massive sports wagering audience, announced the launch of the video network on the Xiaomi Mi TV + in Espaa.

Key Points: 
  • NEW YORK, Nov. 22, 2022 /PRNewswire/ -- SportsGrid, the world's first and only 24-hour streaming FAST channel serving the massive sports wagering audience, announced the launch of the video network on the Xiaomi Mi TV + in Espaa.
  • SportsGrid is available today on the Xiaomi Mi TV platform joining the wide selection of free channels across many programming genres including movies, TV shows, sports, news, comedy and more.
  • We're happy to work with SportsGrid to connect Xiaomi users to watch the live sports wagering coverage of major sports events.
  • The SportsGrid multimedia destinations include SportsGrid Streaming Video Network, SportsGrid Radio, SportsGrid.com, DailyRoto, and SportsGrid Studios.

ZTO to Pursue Voluntary Conversion to Dual-primary Listing on The Main Board of The Stock Exchange of Hong Kong Limited

Retrieved on: 
Thursday, November 17, 2022

SHANGHAI, Nov. 17, 2022 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057), a leading and fast-growing express delivery company in China ("ZTO" or the "Company"), today announced that the board of directors of the Company (the "Board") approved a motion to pursue the voluntary conversion to dual-primary listing (the "Primary Conversion") on The Main Board of The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange") pursuant to the Hong Kong Stock Exchange's guidance letter HKEX-GL112-22.

Key Points: 
  • SHANGHAI, Nov. 17, 2022 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057), a leading and fast-growing express delivery company in China ("ZTO" or the "Company"), today announced that the board of directors of the Company (the "Board") approved a motion to pursue the voluntary conversion to dual-primary listing (the "Primary Conversion") on The Main Board of The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange") pursuant to the Hong Kong Stock Exchange's guidance letter HKEX-GL112-22.
  • The Board also authorized the Company's senior management to proceed with the relevant preparatory work and undertake the necessary procedures to complete the Primary Conversion.
  • The Primary Conversion is conditional upon and subject to, among other things, market conditions, further approval of the Board, and the obtaining of the necessary regulatory approvals.
  • ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK:2057) ("ZTO" or the "Company") is a leading and fast-growing express delivery company inChina.