Chinese venture capitalists have warned the country's IPO freeze is starving tech startups of funds by keeping market participants locked into existing investments, undermining Beijing's current push ... ( read original story ...)
Geely’s EV unit Zeekr raises US$441 million at top end of New York IPO price range in biggest Chinese stock offering since 2021
Carmaker raised its IPO size by 20 per cent to accommodate demand from investors, sources said Zeekr's IPO is the largest by a Chinese company in the US since Full Truck Alliance raised US$1.6 billion ... ( read original story ...)
With onsite inspections, China dials up scrutiny of local IPO hopefuls
Chinese regulators are scrutinising old business deals and even the personal bank accounts of senior executives as they ramp up inspections of IPO hopefuls to slow the pace of fresh capital raisings ... ( read original story ...)
Chinese EV Company Zeekr Raises $441 Million In Upsized U.S. IPO
Zeekr’s IPO comes as foreign investors start to take profit and retreat from markets like Japan and become more interested in China due to the country’s economic recovery. But Zeekr faces challenges, ... ( read original story ...)
Stock market today: Asian shares trade higher after Wall St rally takes S&P 500 near record
Stocks in Asia are trading higher after a rally on Wall Street that pulled the S&P 500 back within 1% of its record ... ( read original story ...)
Helping Expats Embrace Life in Shanghai
Linda Painan, from Singapore, has been living in Shanghai for 27 years. She won the 2023 Shanghai Magnolia Silver Award. The award, named after the city flower, was initiated by the Shanghai Municipal ... ( read original story ...)
Shanghai airports enhance inbound foreign passenger experience
To cater to the various needs of inbound passengers, the Shanghai Airport Group has introduced seven initiatives aimed at facilitating inbound services to enhance the overall travel experience for ... ( read original story ...)