Tuhu Car, an automotive-services company backed by Chinese technology giant Tencent Holdings, is likely to price its initial public offering at the bottom of its marketed range, people familiar with ... ( read original story ...)
UPDATE 1-China’s Tuhu Car to raise $146 mln in Hong Kong IPO -sources
Chinese car maintenance service startup Tuhu Car is set to raise HK$1.137 billion ($146 million) in its Hong Kong initial public offering by pricing its shares at HK$28 apiece, according to three ... ( read original story ...)
Stock market today: Asian shares weaker ahead of Federal Reserve interest rate decision
Asian shares are mostly weaker in cautious trading ahead of the Federal Reserve’s looming decision on interest rates ... ( read original story ...)
China’s yuan slips amid caution ahead of big central bank meetings
SHANGHAI: China’s yuan eased slightly against the dollar on Tuesday but found some support above levels seen as ... ( read original story ...)
China VCs have a big problem — and it’s not just a drop in U.S. investor appetite
In the years since Alibaba's 2014 U.S. IPO, early-stage investing has drawn tens of billions of dollars into China with relatively little to show for it. ( read original story ...)
Chinese Driving School’s Stock Drops by Limit After Chairman’s Arrest
The arrest of Xu Xiong, who is also a director of the driving school and its actual controller, was approved by public prosecutors in Shanghai, his family told Yicai. His recent arrest may be related ... ( read original story ...)
China’s desperate stock traders keen for policy ‘bazooka’ to rouse US$10 trillion bear market from slumber
Many of mainland China's 220 million retail investors are not convinced the government's recent support measures are enough to ensure long-term recovery Sentiment has been shaky for some months, as expectations of a strong post-Covid economic recovery failed to materialise Software engineer Jacky Jia has been paying more attention than usual to his stocks ...