After the Star Market’s biggest debut in a year and a half, co-founder Max Richter touted the company’s commitment to global markets amid trade tensions. ( read original story ...)
Foshan Haitian Seeking to Raise Over $1 Billion in IPO
Shanghai-listed Foshan Haitian Flavouring & Food is the latest Chinese company seeking a secondary listing in Hong Kong. ( read original story ...)
China’s Insta360 targets US growth after $270m IPO despite trade war
Specializing in 360-degree filming devices, Insta360 surged on its first day of trading on the Shanghai Stock Exchange Science and Technology Innovation board on Wednesday, opening 285% above its IPO ... ( read original story ...)
Cambricon To Raise $700M In Race To Build A Chinese AI Chip Leader
According to Cambricon's filing documents, the 4.98 billion yuan will be raised by issuing up to 20.87 million shares to up to 35 investors. The company plans to spend 2.9 billion yuan of the proceeds ... ( read original story ...)
Ministry of Finance hosts awareness session for Emirati students in China on career opportunities in international financial organisations
The Ministry of Finance, in collaboration with the UAE Consulate General in Shanghai and the New Development Bank, organised an awareness session for Emirati students studying in China as part of the ... ( read original story ...)
China’s $1.1tn asset manager becomes star player on ‘national team’
From recapitalising rural banks to propping up the stock market, Central Huijin, an arm of China’s sovereign wealth fund, has supported the country’s financial system since its launch two decades ago. ( read original story ...)
‘They know…’: Investment advisor points out China new gold strategy in global monetary shift
While the recent Geneva trade agreement signaled a thaw in US-China tensions, Beijing is pursuing a deeper strategy: weakening the dollar's dominance by anchoring its financial system in gold and the ... ( read original story ...)