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Month: September 2021

Posted on 10/09/2021

Alibaba-Backed AI Unicorn Megvii Gets Go-Ahead for USD930 Million Shanghai IPO

Megvii Technology has been given the green light to proceed with an initial public offering on the Shanghai’s Nasdaq-like Star Market. The Chinese artificial intelligence unicorn plans to raise as ... ( read original story ...)

Posted on 10/09/2021

Shanghai lands among world’s top 10 asset management centres

Shanghai ranked eighth among the top 30 global asset management centres with a grade of 83.7 points, according to the 2021 Global Asset Management Center Evaluation Index, which was released by the ... ( read original story ...)

Posted on 10/09/2021

Shanghai Labway Clinical Laboratory’s IPO to debut on Shenzhen Stock Exchange

Shanghai Labway Clinical Laboratory (301060) to start trading on the Shenzhen ChiNext Market Sep 13, next Monday. The firm has issued 48.06 mln shares priced at RMB 4.17 per share raising RMB 200.42 ... ( read original story ...)

Posted on 10/09/2021

Alibaba-Backed AI Unicorn Megvii Technology Gets Go-Ahead for USD930 Million Shanghai IPO

Megvii Technology has been given the green light to proceed with an initial public offering on the Shanghai’s Nasdaq-like Star Market. The Chinese artificial intelligence unicorn plans to raise as ... ( read original story ...)

Posted on 10/09/2021

Chinese firms with offshore structure to need approval for Hong Kong IPOs

The move would not augur well for the Asian financial hub as it may make it more challenging for Chinese firms looking for a venue closer to home amid tighter checks in the US. ( read original story ...)

Posted on 10/09/2021

China’s Ximalaya to file for Hong Kong IPO next week -sources

China's largest online audio platform Ximalaya will file for its Hong Kong initial public offering (IPO) next week after dropping its plans to list in the United States, according to three sources ... ( read original story ...)

Posted on 10/09/2021

Podcasting platform Ximalaya shelves planned US IPO as Beijing tech crackdown continues

Ximalaya has scrapped its US initial public offering plans after Beijing implemented new rules to review overseas listings by firms that hold personal data of more than 1 million Chinese people. ( read original story ...)

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