Mainland China and Hong Kong should ease listing rules for biotechnology companies and lower takeover thresholds for listed firms to capitalise on renewed foreign interest in the healthcare sector, venture capitalist Nisa Leung said. “Besides artificial intelligence, Premier Li Qiang also highlighted biomedicine in the ‘two sessions’ annual government work report,” said Leung, a managing partner at Aulis Capital, speaking in a sideline interview during China’s annual meetings of the National... [Continue Reading]
In a severe escalation of conflict along the Afghanistan-Pakistan border, the United Nations has reported that nearly 66,000 Afghans have been displaced amid ongoing hostilities. This marked a seventh consecutive day of intense fighting, characterized by heavy shelling and frequent explosions that have intensified the humanitarian crisis in the region. The violence is concentrated along the Durand Line, the contentious border that has long been a flashpoint for tensions between the two nations. According to the United Nations' International Organization for Migration (IOM), the military confrontations have not only caused extensive displacement but also inflicted civilian casualties and led to... [Continue Reading]