China's largest housing platform operating under the Lianjia and Beike brands, raised $2.1 billion in the largest US IPO from a Chinese issuer since 2018 and posted the best first-day pop for a ... ( read original story ...)
Chinese firms flood into U.S. IPOs despite delisting threat
Beike follows Xpeng, an electronic-vehicle maker, which has filed for an IPO. Lufax, an online wealth ... Yingzhi Yang in Beijing and Shanghai Newsroom; Editing by William Mallard Our Standards ... ( read original story ...)
In China, fears of financial Iron Curtain as U.S. tensions rise
A sharp escalation in tensions with the United States has stoked fears in China of a deepening financial war that could result in it being shut out of the global dollar system - a devastating prospect ... ( read original story ...)
Covid-19 vaccine hopeful doubles on China stock market debut
Shares in a pharmaceutical group that is developing a coronavirus vaccine alongside China’s military more than doubled on their trading debut, as investors brushed aside longstanding doubts over ... ( read original story ...)
Cellular Biomedicine Group (CBMG) Reports Q2, H1 2020 Financial Results and Business Highlights
PRNewswire/ -- Cellular Biomedicine Group, Inc. (Nasdaq: CBMG) ("CBMG" or the "Company"), a biopharmaceutical firm engaged in the drug development of immunotherapies for cancer and stem cell therapies ... ( read original story ...)
Fintech unicorn Lufax, backed by China’s biggest insurer, Ping An, said to be secretly applying for US IPO
Lufax, which runs an online wealth management platform and retail lending technology platform, has hired Bank of America, Goldman Sachs, HSBC and UBS to bring in investors, the people familiar said. A ... ( read original story ...)
China stocks drop most in two weeks on weak global sentiment, bank lending data
Chinese shares fell on Wednesday and were on course for their worst day in over two weeks due to souring global market sentiment and data showing softer growth in bank lending. ** At the midday break, ... ( read original story ...)