Swiss agricultural chemicals company Syngenta has called off a $9bn Shanghai listing that would have been one of China’s largest initial public offerings in years, as the country’s stock markets ... ( read original story ...)
Shanghai planning US$13.8 billion fund of funds in pursuit of ‘several world-class industry clusters’, with eye on AI, biotech and semiconductors
Mainland China’s commercial and financial hub plans to set up a 100 billion yuan (US$13.8 billion) fund of funds focusing on key technology sectors to fire up the local economy. ( read original story ...)
Shanghai sees 21 new projects underway from investment
Shanghai's appeal to companies from home and abroad remains unchanged, which can be proven by the 21 new projects incurring 52.4 billion yuan ($7.3 billion) of investment landed in the city on Friday. ( read original story ...)
Asian Markets Experience Gains Amidst Wall Street Highs
On a day characterized by widespread market closures due to holidays across various countries, Asian stocks generally enjoyed gains. While trading floors in Hong Kong, Sydney, Singapore, and India ... ( read original story ...)
Relationship between China’s Shanghai and Colombo is in rapid development
Prime Minister Dinesh Gunawardena had a long discussion with Gong Seng, Mayor of Shanghai, today (29.03.2024) in Shanghai, China. It was ... ( read original story ...)
Syngenta Plans to Withdraw China IPO Application on Weak Market
(Bloomberg) -- Syngenta Group is planning to withdraw its application for a stock-market listing in Shanghai, according to people familiar ... The company first filed for an IPO in China’s financial ... ( read original story ...)
Hong Kong’s IPO market struggles after slowest start since 2009 as jumbo deals vanish amid tighter regulations, poor valuations
China’s major stock exchanges are facing a tough start to the year as proceeds from initial public offerings in Hong Kong, Shanghai and Shenzhen shrink. US exchanges are strengthening their lead and ... ( read original story ...)