Category: FINANCE

March saw the highest amount raised by IPOs domestically this year, with proceeds almost double those amassed in February. ( read original story ...)

The expectation for the Bank of Shanghai (BOSC) is seen to have sound asset quality in the next year or so, Moody’s said in a report. Moody's observed the bank has focused on economically advanced ... ( read original story ...)

Another batch of gloomy data out of China raised the prospect of government stimulus amid signs of slowing in the world’s second-largest economy, but it failed to completely buoy stocks in Hong Kong and Shanghai on Friday. ( read original story ...)

Chinese semiconductor manufacturers expect to raise over $8 billion from stock market listings so far this year, looking to expand output capacity to bounce back from a market downturn and U.S. export ... ( read original story ...)

Alibaba’s grocery unit Freshippo expanded its number of physical stores in China, the company said on Friday, as the business prepares to spin off from its parent company and go public. Freshippo, ... ( read original story ...)

Wang has been trying to raise funds by listing Zhuhai Wanda Commercial Management, the group’s property management arm, but the prospects look increasingly dim. The unit refiled ... ( read original story ...)

A total of 28 companies raised US$2.2 billion in the first half, Hong Kong's lowest funding total since 2003, Refinitiv data shows Second-quarter fundraising rose 55 per cent over the first quarter, ... ( read original story ...)