SenseTime Group, an artificial intelligence software company, has opened its long-awaited Hong Kong IPO with pre-deal orders from state-owned cornerstone investors. IPO sponsors CICC, Haitong ... ( read original story ...)
How Shanghai Welcomed Foreign Financial Institutions Over the Years
Shanghai is a pioneer in China's financial sector. Here we take a look at how Shanghai welcomed foreign financial institutions over the years. ( read original story ...)
China to deepen financial opening-up amid closer regional cooperation
Photo taken on Sept 30, 2020 shows the street view of the Lujiazui area of Pudong, East China's Shanghai. [Photo/Xinhua] BEIJING- As a firm practitioner of financial opening-up, China has made its ... ( read original story ...)
Alibaba overhauls business and replaces CFO amid onslaught
Alibaba Group Holding said it will reorganise its international and domestic e-commerce businesses and replace its CFO — changes that come as the tech giant grapples with an onslaught of competition, ... ( read original story ...)
Shanghai Composite Index Fell 0.5% on Monday
China’s benchmark Shanghai Composite Index (000001.SH) lost 0.5% on Monday, while the Shenzhen Component Index (399001.SZ) fell 0.93%. Shanghai’s tech-heavy STAR 50 Index (000688.SH) lost 2.7% for the ... ( read original story ...)
SenseTime shrinks Hong Kong IPO size by 62 per cent to US$768 million, as Chinese tech sell-off undermines valuation
China's largest artificial intelligence company will kick off its global stock offering on Tuesday SenseTime will raise as much as US$768 million at top-end of the IPO price range, versus previously ... ( read original story ...)
Profound changes, efficiency spell sustained market development
They want to introduce more profound changes in the market. The registration-based IPO mechanism implemented at the BSE from Day One is one solid proof. The registration-based IPO mechanism has been a ... ( read original story ...)