Why newly listed Chinese stocks fall below their IPO prices. Investing in Chinese IPOs was once hailed as the safest of safe bets, with guaranteed huge ret ... ( read original story ...)
DIDI Stock Surges 65% as China’s Probe Into DiDi Winds Down
Prior to today, DIDI stock had declined 85% since its initial public offering (IPO) last summer to trade at $1.85 ... particularly in financial and manufacturing centers such as Shanghai. Government ... ( read original story ...)
A cluster of 3 towering skyscrapers, each taller than 1,300 feet, forms a distinctive peak above Shanghai’s financial district — check it out
The three buildings are Shanghai Tower, Shanghai World Financial Center, and Jin Mao Tower, architect Stefan Al wrote in his new book, "Supertall." ... ( read original story ...)
For Shanghai’s Businesses, ‘Open’ Has Different Meanings as Lockdown Lifts
After authorities ended two months of strict COVID-containment lockdown, the only truism for every business is that the future is hard to predict ... ( read original story ...)
How Shanghai Residents Endured the COVID Lockdown
Residents of Shanghai have long known that, when it comes to the news, sometimes you must read between the lines. In mid-March, as Omicron started to spread locally, rumors of a looming lockdown ... ( read original story ...)
Property tycoons lose $65bn after China curbs runaway excesses
When Hui Ka Yan headlined a high-profile philanthropic event in 2018, he spoke at length about how he subsisted on sweet potatoes as a child in his home village. ( read original story ...)
Experts See Fresh Opportunities In Chinese Stocks With Economic Activity Set To Rebound After Shanghai Reopening
Global markets have recently benefited from positive news out of China, which is lifting coronavirus lockdown restrictions in Shanghai and reportedly easing regulatory crackdowns on its tech sector, ... ( read original story ...)