SHANGHAI (Reuters) - Alibaba Group is planning to split into six units and explore fundraisings or listings for most of them, it said on Tuesday, in a major... TOKYO (Reuters) - The safe-haven U.S. ( read original story ...)
Shanghai Cancels Planned Hearing for Mega Syngenta IPO
The Shanghai stock exchange has called off a hearing for Syngenta Group’s proposed 65 billion yuan ($9.4 billion) initial public offering. ( read original story ...)
Shanghai exchange cancels Syngenta IPO hearing -filing
HONG KONG, March 28 (Reuters) - The Shanghai Stock Exchange has cancelled a hearing to review Swiss agrichemicals and seeds group Syngenta's initial share offering (IPO) plan, a filing posted on the ... ( read original story ...)
Alibaba splits into six, plans new IPOs in historic overhaul
SHANGHAI – Alibaba Group Holding Ltd. plans to split its ... “The market is the best litmus test, and each business group and company can pursue independent fundraising and IPOs when they are ready.” ... ( read original story ...)
SMM Evening Comments (Mar 28): Shanghai Nonferrous Metals Closed with Gains on Abating Risk Aversion
Shanghai nonferrous metals closed with gains in day trading. On the macro front, the U.S. Federal Deposit Insurance Corporation announced that First Citizens Bank, who acquired Silicon Valley Bank ... ( read original story ...)
Hong Kong shares rise as banking contagion fears ease; China stocks mixed
Hong Kong stocks rose on Tuesday, as investor fears of deeper banking stress were eased after failed Silicon Valley Bank secured a buyer. Chinese shares, however, had a mixed performance. ** China's ... ( read original story ...)
Asian shares mostly rise on relief over US bank strength
Asian shares are higher as investors got some relief from worries over troubled U.S. lenders with a planned takeover of failed Silicon Valley Bank ... ( read original story ...)