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Category: FINANCE

Posted on 17/12/2020

China’s Stock Exchanges leads Global IPO Funding in 2020

The New York Stock Exchange is expected to be in fourth spot with $32.2bn raised in IPO listings in 2020, followed by Shenzhen Stock Exchange with $18.5bn raised in IPO listings in 2020. ( read original story ...)

Posted on 16/12/2020

Alibaba’s Ant Says ‘Looking Into The Mirror’ After IPO Fallout

The recent public utterances of the executives are markedly different from Ma’s criticism of the country’s regulators and bankers at a Shanghai event prior to the Ant Group IPO. This week, the Chinese ... ( read original story ...)

Posted on 16/12/2020

Ant Conducting ‘Self-Review’ After $35 Billion IPO Collapses

The company is “looking into the mirror, finding out our shortcomings, and conducting a body check-up,” Jing said in a speech at the 4th China Internet Finance Forum on Tuesday. Ant is striving to ... ( read original story ...)

Posted on 16/12/2020

Ant conducting ‘self-review’ after collapse of US$35 billion IPO

Ant chairman Eric Jing emerged contrite and apologetic, underscoring a drastic shift in attitude. . Read more at straitstimes.com. ( read original story ...)

Posted on 16/12/2020

Secondary flotations of US-listed Chinese firms buoy 2021 outlook as Hong Kong lands second place in world IPO rankings

Hong Kong stock exchange will finish 2020 as the second-biggest IPO market globally after raising US$50 billion, KPMG says. ( read original story ...)

Posted on 16/12/2020

ACM Research Provides Updates on STAR Market IPO of ACM Research (Shanghai)

(GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ:ACMR), a leading supplier of wafer cleaning technologies for advanced semiconductor devices, today provided updates on the status of the proposed ... ( read original story ...)

Posted on 16/12/2020

UPDATE 1-China c.bank injects record 950 bln yuan of medium-term funds after bond defaults

China’s central bank made its biggest ever injection of medium-term funds on Tuesday to shore up liquidity, after recent corporate bond defaults shattered investor confidence and scuppered new ... ( read original story ...)

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