The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksHelios Underw Share News (HUW)

Share Price Information for Helios Underw (HUW)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 167.50
Bid: 165.00
Ask: 170.00
Change: 0.00 (0.00%)
Spread: 5.00 (3.03%)
Open: 167.50
High: 167.50
Low: 167.50
Prev. Close: 167.50
HUW Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 3-UK's Johnson toughens Huawei rhetoric: talks of 'hostile state vendors'

Tue, 30th Jun 2020 12:26

* UK's Johnson: We'll protect against hostile state vendors

* UK considering what to do with Huawei

* UK says very concerned by Hong Kong security law

* To decide its response to China over Hong Kong shortly
(Adds Media Secretary, Huawei comments)

By Paul Sandle

LONDON, June 30 (Reuters) - British Prime Minister Boris
Johnson toughened his rhetoric on China's Huawei on Tuesday,
cautioning Beijing that he would protect critical infrastructure
from "hostile state vendors" as he expressed deep concern over a
new security law for Hong Kong.

Johnson, who in January allowed Huawei a limited role in
Britain's 5G network, has faced intense pressure from the United
States and some British lawmakers to ban the telecommunications
equipment maker on security grounds.

But the COVID-19 crisis and a row with China over a
crackdown in the former British colony of Hong Kong has damaged
relations between Beijing and London just as Johnson prepares to
revisit his decision on Huawei Technologies.

Asked if the security law would influence Britain's decision
on whether or not to restrict Huawei, Johnson said: "I'm not
going to get drawn into Sinophobia because I'm not a Sinophobe."

"On Huawei, the position is very, very simple," he told
reporters. "I do want to see our critical national
infrastructure properly protected from hostile state vendors, so
we need to strike that balance and that's what we'll do."

Huawei, considered a "high risk vendor" by Britain, was
granted a limited role in building the country's 5G networks in
January, after the government said it could manage the risks. It
was excluded from the data-heavy core and its involvement was
capped at 35%.

The decision dismayed the United States, which has said
Beijing could use Huawei's telecoms equipment to spy. Huawei has
repeatedly denied the claims and says Washington is gripped by
anti-Chinese hysteria.

TRUMP VS HUAWEI

The U.S. intensified its battle in May when it restricted
Huawei's ability to source the microchip technology it needs to
produce its telecoms equipment and smartphones.

Britain's National Cyber Security Centre has studied the
impact on Huawei's resilience as a supplier, and its findings
will underpin a decision on whether Huawei has a long-term
future in Britain's networks.

"Given that those sanctions are targeted at 5G and
extensive, it is likely to have an impact on the viability of
Huawei as a provider for the 5G network," Media Secretary Oliver
Dowden said on Tuesday

Huawei said it was investing billions of pounds in Britain
to make Johnson's vision of a "connected Kingdom" a reality.

"We have been in the UK for 20 years and remain focused on
working with our customers and the government to ensure the
country gets the jobs and economic growth created by 5G as
quickly as possible," said vice-president Victor Zhang.

China's parliament passed national security legislation for
Hong Kong on Tuesday.

Britain, which had promised to consider an international
response if China imposed the law, said it was a grave move.

"We are obviously deeply concerned about the decision to
pass the National Security Law in Beijing as it affects Hong
Kong," Johnson said.

"We will be looking at the law very carefully, we want to
scrutinise it properly, to understand whether it's in conflict
with the joint declaration between the UK and China."
(Additional reporting by Jack Stubbs and Kate Holton; editing
by Guy Faulconbridge and Giles Elgood)

More News
9 May 2024 09:53

LONDON BROKER RATINGS: NatWest target raised, other lenders backed

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

Read more
8 May 2024 09:39

LONDON BROKER RATINGS: UBS raises Centrica to 'buy' from 'neutral

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

Read more
18 Dec 2023 09:17

LONDON BROKER RATINGS: UBS cuts Barratt, Berkeley, lifts Taylor Wimpey

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

Read more
15 Dec 2023 16:58

TRADING UPDATES: 88 Energy expands Texas footprint with acquisitions

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

Read more
8 Nov 2023 16:22

IN BRIEF: Helios Underwriting expects capacity fund value to rise

Helios Underwriting PLC - investment vehicle, which provides shareholders with participation in the Lloyd's insurance market - Says value of the capacity fund at December 31 is expected to be GBP82.4 million from GBP60.0 million a year earlier. Expects freehold capacity of GBP175.9 million versus GBP147.3 million. Now expects NAV per share to rise to 172 pence on December 31 from 154p on June 30.

Read more
8 Nov 2023 10:41

Helios Underwriting shares rise after value update

(Sharecast News) - Lloyd's market investment vehicle Helios Underwriting updated the market on the value of its capacity portfolio on Wednesday, following the recent capacity auctions at Lloyd's.

Read more
10 Oct 2023 14:09

Helios Underwriting announces share buyback, plans to up dividend

(Alliance News) - Helios Underwriting PLC on Tuesday announced plans to increase its dividend policy with help from its forecast profit stream, and to commence a new share buyback worth up to GBP1.5 million.

Read more
28 Sep 2023 10:55

Helios Underwriting swings to profit and expects portfolio to shine

(Alliance News) - Helios Underwriting PLC on Thursday said it swung to a profit in the first half of 2023, as revenue increased, while it added it expects its portfolio to "thrive".

Read more
30 Aug 2023 14:27

Helios Underwriting goes from "strength to strength" in second quarter

(Alliance News) - Helios Underwriting PLC on Wednesday said it had a strong second quarter thanks to an "outstanding" portfolio, with an increased net asset value and an anticipated rise in underwriting profit.

Read more
25 Jul 2023 11:06

IN BRIEF: Helios Underwriting buys Park Farm in GBP3.2 million deal

Helios Underwriting PLC - London-based limited liability vehicles investment company - Buys Park Farm Underwriting Ltd for GBP3.2 million. Parks Farm is a limited liability vehicle, that provides a syndicate capacity of GBP2.3 million.

Read more
14 Jul 2023 15:02

Director dealings: Ferguson non-exec invests, Helios Underwriting chair gets dividend alternative

(Sharecast News) - Ferguson was on the list of director buys on Friday, after a non-employee director picked up almost $65k worth of shares.

Read more
14 Jul 2023 08:57

IN BRIEF: Helios Underwriting acquires underwriter for GBP2.0 million

Helios Underwriting PLC - London-based limited liability vehicles investment company - Acquires entire issued capital of Chorlton Underwriting Ltd for GBP2.0 million, including GBP200,000 via the issue of 123,457 shares at a price GBP1.62 per share. The rest is payable in cash. Helios Underwriting's issued share capital will comprise 77.5 million shares with voting rights and no restrictions following the acquisition.

Read more
14 Jul 2023 08:39

Helios Underwriting acquires Chorlton in £2m deal

(Sharecast News) - Insurance and reinsurance specialist Helios Underwriting announced the successful acquisition of Chorlton Underwriting on Friday, aligning with its strategic plan to expand its underwriting capacity.

Read more
22 Jun 2023 15:44

UK shareholder meetings calendar - next 7 days

Friday 23 June 
Cadogan Petroleum PLCAGM
Mears Group PLCAGM
Non-Standard Finance PLCAGM
Ocean Harvest Technology Group PLCAGM
Oxford Biomedica PLCAGM
Pelatro PLCAGM
Petrofac LtdAGM
Princess Private Equity Holding LtdAGM
Rathbones Group PLCGM re agreement regarding all-share combination with Invested Wealth & Investment Ltd
Supply@Me Capital PLCGM re open offer warrantholders
Vietnam Enterprise Investments LtdAGM
VPC Specialty Lending Investments PLCAGM
Monday 26 June 
Aterian PLCAGM
Capricorn Energy PLCAGM
Corre Energy BVAGM
Facilities by ADF PLCAGM
Lexington Gold LtdSGM re proposed acquisition of White Rivers Exploration Ltd
LifeSafe Holdings PLCAGM
Premier African Minerals LtdAGM
Vast Resources PLCGM re issuing new share capital
Volvere PLCAGM
Tuesday 27 June 
Acuity RM Group PLCAGM
Comptoir Group PLCAGM
Creo Medical Group PLCAGM
First Tin PLCAGM
Forward Partners Group PLCAGM
Galantas Gold CorpAGM
Gemfields Group LtdAGM
Golden Prospect Precious Metals LtdAGM
Hamak Gold LtdAGM
ICG Enterprise Trust PLCAGM
Impellam Group PLCAGM
India Capital Growth Fund LtdAGM
Inspiration Healthcare Group PLCAGM
Instem PLCAGM
JD Sports Fashion PLCAGM
Kingfisher PLCAGM
Mercantile Ports & Logistics LtdGM re equity fundraising
Mobile Tornado Group PLCAGM
Revolution Beauty Group PLCAGM
Scottish Mortgage Investment Trust PLCAGM
Serabi Gold PLCAGM
Sondrel Holdings PLCAGM
Surface Transforms PLCAGM
Surgical Innovations Group PLCAGM
Trinity Exploration & Production PLCAGM
Wednesday 28 June 
Atalaya Mining PLCAGM
Avacta Group PLCAGM
Boku IncAGM
Cambridge Cognition Holdings PLCAGM
Cizzle Biotechnology Holdings PLCAGM
Cobra Resources PLCAGM
Cora Gold LtdAGM
Dial Square Investments PLCAGM
Itaconix PLCAGM
NB Distressed Debt Investment Fund LtdAGM
Panthera Resources PLCGM re directors’ authority to allot shares
Phoenix Spree Deutschland LtdAGM
Pineapple Power Corp PLCAGM
Polarean Imaging PLCAGM
RA International Group PLCAGM
Schroder European Real Estate Investment Trust PLCAGM
Shield Therapeutics PLCAGM
St Mark Homes PLCAGM
Star Phoenix Group LtdAGM
ValiRx PLCAGM
Velocys PLCAGM
Vertu Motors PLCAGM
Warpaint London PLCAGM
Westminster Group PLCAGM
Zenova Group PLCAGM
Thursday 29 June 
3i Group PLCAGM
Africa Opportunity Fund LtdAGM
Anemoi International LtdAGM
Anpario PLCAGM
Ariana Resources PLCAGM
Beowulf Mining PLCAGM
Celadon Pharmaceuticals PLCAGM
Cornish Metals IncAGM
East Imperial PLCAGM
East Star Resources PLCAGM
Eden Research PLCAGM
Engage XR Holdings PLCAGM
First Class Metals PLCAGM
Gresham House Energy Storage Fund PLCGM re remuneration policy
Gusbourne PLCAGM
HeiQ PLCAGM
Helios Underwriting PLCAGM
Ingenta PLCAGM
IQE PLCAGM
Kooth PLCAGM
Landore Resources LtdAGM
Let's Explore Group PLCAGM
Likewise Group PLCAGM
MGC Pharmaceuticals LtdGM re issue of convertible notes
Morgan Advanced Materials PLCAGM
NetScientific PLCAGM
New Century AIM VCT 2AGM
Norman Broadbent PLCAGM
Reabold Resources PLCAGM
Rockhopper Exploration PLCAGM
Roquefort Therapeutics PLCAGM
Serica Energy PLCAGM
SpaceandPeople PLCAGM
Symphony Environmental Technologies PLCAGM
Synairgen PLCAGM
Thalassa Holdings LtdAGM
tinyBuild IncAGM
Touchstone Exploration IncAGM
Trident Royalties PLCAGM
Unigel Group PLCAGM
Verici Dx PLCAGM
Xpediator PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
7 Jun 2023 16:45

IN BRIEF: Helios Underwriting Deputy Chair sells 200,000 shares

Helios Underwriting PLC - London-based limited liability vehicles investment company - Executive Deputy Chair Nigel Hanbury sells 200,000 shares at 170 pence each, worth GBP340,000, in London on Tuesday.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.