Elon Musk’s SpaceX is days away from the biggest IPO ever, but the deal will reportedly happen without one major source of capital: investors in Hong Kong and mainland China. Underwriters on the $75 ... ( read original story ...)
Why are Chinese savers moving money out of banks and into tech stocks?
Gong said she withdrew the money from her ICBC deposit account and put it into two mutual funds focused on chips and co-packaged optics (CPOs), two of the A-share market’s hottest sectors. CPO ... ( read original story ...)
Chinese AI startup StepFun set to file for Hong Kong IPO
The Chinese startup StepFun is set to file for a Hong Kong initial public offering as soon as Monday, people familiar with the matter said. ( read original story ...)
Shanghai-listed firms to ramp up dividend payouts; A-share companies to distribute more than 91 billion yuan in a week
As many as 200 listed companies on the Shanghai Stock Exchange will pay their 2025 dividends to stock holders in the coming week, with a total amount of 91.9 billion yuan ($13.58 billion), the ... ( read original story ...)
Bloomberg: SpaceX IPO closes door to China, Hong Kong capital
Bloomberg: SpaceX IPO Closes Door to China, Hong Kong Capital ... ( read original story ...)
China, HK investors banned from SpaceX IPO over security
Underwriters on SpaceX’s $75 billion initial public offering have been told not to accept orders from investors in Hong Kong and China, citing US restrictions around the export of critical technology, ... ( read original story ...)
KBA Tells The Story Of China’s Equity Market Evolution
We believe China's underperformance relative to US equities over the past decade has been driven by market's historical underweight to technology stocks and growth factors. Read more here. ( read original story ...)