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Category: FINANCE

Posted on 15/08/2020

Covid-19 vaccine hopefuls surge in stock market debuts

CureVac raised $245m in an initial public offering on Nasdaq to accelerate the development of its Covid-19 vaccine. The sale priced at the top of the range, at $16 per share, and the stock was around ... ( read original story ...)

Posted on 15/08/2020

China Market Update: July Industrial Production Reaffirms V-Shaped Recovery, Baidu & IQ Report Q2 Earnings, Week In Review

Tencent Music Entertainment TME (TME US) reported strong results that were above analyst expectations for Q2 on Tuesday. Revenues increased +17.5% to $981mm (RMB 6.93B) versus estimate RMB 6.871B as ... ( read original story ...)

Posted on 14/08/2020

Companies line up to list on ChiNext on Aug 24 under new IPO rules

The first batch of companies registered for listing on Shenzhen's start-up board ChiNext under a revamped initial public offering (IPO) system will make their debuts on August 24, the Shenzhen Stock ... ( read original story ...)

Posted on 14/08/2020

Ant Group makes pre-listing filing in China for blockbuster IPO

Ant Group, the fintech arm of Chinese e-commerce company Alibaba Group Holding , has made a preparatory filing with China's securities regulator for its planned blockbuster initial public offering. ( read original story ...)

Posted on 14/08/2020

Alibaba’s Ant Group Makes Preparatory Filing in China for Giant IPO

Ant Group, the fintech arm of Chinese e-commerce company Alibaba Group Holding, has made a preparatory filing with China's securities regulator for its ... ( read original story ...)

Posted on 14/08/2020

Covid-19 vaccine hopefuls scramble for stock market funds

CureVac, which said earlier this week that it planned to raise up to $245m on Nasdaq to accelerate the development of its Covid-19 vaccine, is expected to price its initial public offering after the ... ( read original story ...)

Posted on 14/08/2020

China central bank to conduct MLF operations on Monday as 400 billion yuan of such loans expire

China's central bank said it would conduct medium-term lending facility (MLF) operations on Monday, as a batch of 400 billion yuan ($57.6 billion) worth of such loans expired on the day ... ( read original story ...)

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