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Category: FINANCE

Posted on 18/08/2020

ChiNext, Star Market, China’s rival tech boards, target Hong Kong ‘red chip’ secondary listings as competition heats up

The battlefield on which China's Nasdaq-styled technology boards in Shanghai and Shenzhen compete for listings has expanded beyond start-ups and billion-dollar tech unicorns.The two exchanges have bee ... ( read original story ...)

Posted on 18/08/2020

Tech IPOs Flourish in China Amid Tensions With U.S.

The makeup of China’s equity capital market is changing as it attracts more tech companies amid rising tensions with the U.S. ( read original story ...)

Posted on 17/08/2020

China DNA Firm Unit Considers $1 Billion Shanghai IPO

BGI Group, the world’s biggest DNA-sequencing company, is considering an initial public offering of its equipment unit on Shanghai’s Star board as early as this year, people with knowledge of the ... ( read original story ...)

Posted on 17/08/2020

Robotruck firm Tusimple seeks IPO valuation of up to $7 billion

If Tusimple does successfully go public in the US, it would be the first self-driving company in the world to do so on a major financial market. ( read original story ...)

Posted on 17/08/2020

China central bank injects 700 billion yuan of MLF loans, rates steady for fourth month

China's central bank on Monday rolled over maturing medium-term loans while keeping borrowing costs unchanged for the fourth straight month. ( read original story ...)

Posted on 17/08/2020

China c.bank injects 700 bln yuan of MLF loans, rates steady for 4th month

China's central bank on Monday rolled over maturing medium-term loans while keeping borrowing costs unchanged for the fourth straight month. ( read original story ...)

Posted on 17/08/2020

Alibaba’s Ant Group Starts Filing Process For Blockbuster China IPO

Alibaba’s fintech arm Ant Group has started the process to dual list in Shanghai and Hong Kong.The group, China’s biggest mobile payments company, has now made a preparatory filing with China’s ... ( read original story ...)

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