Despite political and economic uncertainty, U.S. exchanges still lead IPO activity in terms of the number of deals and total proceeds. ( read original story ...)
CICC Poised to Raise $1.97 Billion in Shanghai Listing
China International Capital Corp., better known as CICC, is set to raise 13.2 billion yuan ($1.97 billion) via an initial public offering of A-shares on the Shanghai Stock Exchange. CICC, a leading ... ( read original story ...)
China regulator approves Ant Group’s Hong Kong IPO: IFR
China's securities regulator has approved financial tech firm Ant Group's Hong Kong leg of a planned dual-listing worth up to $30 billion, IFR reported on Monday citing unnamed people familiar with ... ( read original story ...)
Ant Group wins approval from Chinese regulators for the Hong Kong leg of its blockbuster IPO
The financial technology giant, which is 33% owned by Alibaba and controlled by billionaire Jack Ma, is seeking to list in Shanghai and Hong Kong in a concurrent IPO. A hearing with the Hong Kong ... ( read original story ...)
METALS-LME copper gains, Shanghai copper flat ahead of China Q3 GDP data
London copper rose while Shanghai prices were little changed on Monday as investors awaited third-quarter economic growth data from top metals consumer China, as well as monthly production and retail ... ( read original story ...)
Shenzhen given new powers to attract key foreign workers and develop new financial market tools under plans to develop role as China’s tech hub
Shenzhen will be granted autonomy to make its own laws on artificial intelligence and big data, relax visa restrictions to attract foreign talent, and start a stock futures index under the latest ... ( read original story ...)
Chinese banking regulator fines China Construction Bank $1m for violations
The Chinese banking regulator said on Saturday it had fined a branch of the China Construction Bank (CCB) , the country's second-largest lender by assets, 7,313,511 yuan ($1.09 million) for rule ... ( read original story ...)