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Month: March 2022

Posted on 30/03/2022

China US$9 billion IPO plans stalled amid COVID-19 outbreak: Filings

SHANGHAI: More Chinese companies are halting domestic listing plans, filings show, as the country's biggest coronavirus outbreak in two years hampers due diligence and information gathering, affecting ... ( read original story ...)

Posted on 30/03/2022

Arm plans to transfer shares of China unit to SoftBank ahead of IPO: Reports

Arm is set to transfer shares in its China joint venture to a special purpose vehicle owned by parent company SoftBank, according to reports. ( read original story ...)

Posted on 30/03/2022

Shanghai expands COVID lockdown as new daily caseload surges by a third

A dds economist estimate; COVID impact on IPO and lockdown in most areas in city of Xuzhou. SHANGHAI, March 30 (Reuters) - Authorities began locking down some western areas of Sha ... ( read original story ...)

Posted on 30/03/2022

Shanghai expands Covid lockdown as new daily cases surge by a third

Authorities began locking down some western areas of Shanghai two days ahead of schedule, as new Covid-19 cases in China’s most populous city jumped by a third despite stringent measures already in ... ( read original story ...)

Posted on 30/03/2022

Shanghai’s Finance Workers Hunker Down in Offices for Lockdown

Shortly after Shanghai announced a two-phase lockdown to curb the spread of COVID-19 on Sunday evening, hundreds of thousands of residents rushed to stock up on groceries. But some raced to the office ... ( read original story ...)

Posted on 30/03/2022

China’s biggest bank ICBC posts 10.7% rise in Q4 profit

Industrial and Commercial Bank of China (ICBC) , , the world's largest-listed lender by assets, reported a 10.65% rise in fourth-quarter net profit on Wednesday. ( read original story ...)

Posted on 30/03/2022

Shanghai releases measures to support businesses

Shanghai released a 21-point document on Tuesday to assist businesses in the city and promote development while it fights its worst Covid-19 outbreak. ( read original story ...)

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