SMIC (OTCQX:SMICY) plans to sell 1.69B new shares at 27.46 yuan ($3.89) Shanghai's new Science and Technology Innovation Board, better known as the STAR Market.The listing would give SMIC, China's ... ( read original story ...)
Cambricon to Raise $367.8 Million in IPO Amid Chinese Chip Fever
AI chipmaker Cambricon Technologies Corp said it will raise 2.58 billion yuan ($367.76 million) in its Shanghai initial public offering after pricing the listing at 64.39 yuan a share. ( read original story ...)
Monday’s Stock Market Open: US Equities Jump After Shanghai Stocks Surge Almost 6%
WHO confirmed more than 200,000 covid19 cases over a 24-hour period on Saturday, a new record The U.S. confirmed more than 45,000 new cases on Saturday Shanghai Stock Exchange surged 5.7% U.S. stocks ... ( read original story ...)
Dow jumps 350 points as China encourages stock-buying to support virus recovery
US stocks jumped Monday following a rally in China, where stock-buying was encouraged to support the recovery from the coronavirus crisis. The ... ( read original story ...)
Boehringer creates Shanghai hub to connect with Chinese R&D groups
Boehringer Ingelheim has opened a site in Shanghai to connect its R&D, business development and venture capital groups to Chinese drug developers. The site brings together all the units involved in ... ( read original story ...)
Our two countries must overlook differences to defeat coronavirus, say American business leaders in China
American Chamber of Commerce in China says two superpowers should give up ‘unbridled competition’ and be better world leaders on pandemic. ( read original story ...)
BRIEF-Nanjing Vishee Medical Technology Aims To Raise Up To 1.15 Bln Yuan In Shanghai Star Market IPO
Nanjing Vishee Medical Technology Co Ltd * SAYS IT AIMS TO RAISE UP TO 1.15 BILLION YUAN ($163.79 million) AT 67.58 YUAN PER SHARE IN SHANGHAI STAR MARKET IPO S ... ( read original story ...)