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Category: FINANCE

Posted on 10/03/2023

ZKH Group Commences $200 Million U.S. IPO Process

ZKH Group Limited has filed to raise $200 million in a U.S. IPO, although the final figure may differ. Click here to read my analysis of ZKH. ( read original story ...)

Posted on 10/03/2023

Chinese AI developer Xiao-I stock slips following downsized $39M US IPO

Shares of Xiao-I (NASDAQ:AIXI) moved modestly lower in afternoon trading Thursday following the Chinese AI developer's downsized $39M US initial public offering.  Load Error Xiao-I shares opened at $6 ... ( read original story ...)

Posted on 10/03/2023

6 companies that struck it big on China’s zero-COVID policies and came out on top after 3 years of lockdowns

A select few firms saw tremendous growth as cities locked down and China closed itself off to global travel. ( read original story ...)

Posted on 10/03/2023

Ethereum (ETH) Shanghai upgrade and RenQ Finance (RENQ) innovative DeFi Platform will ignite the bull run

In past market cycles, a surge in higher prices were often led by a strong wave initiated by one or two cryptocurrencies. As the next market bull run is anticipated soon, two cryptocurrencies, ... ( read original story ...)

Posted on 09/03/2023

Financial Regulator Reform Gives Foreign Investors Pause

Asian equities were mixed but mostly lower overnight as Hong Kong underperformed as foreign investors expressed concerns over a reshuffling of financial regulators in China. ( read original story ...)

Posted on 08/03/2023

Chinese industrial supplies platform ZKH Group files for $200M US IPO

ZKH Group (ZKH), which operates an industrial supplies procurement platform in China, has filed to raise $200M through a US initial public offering. The Shanghai-based company didn't specify in its ... ( read original story ...)

Posted on 07/03/2023

China must boost battered valuations of SOEs, says Shanghai Stock Exchange general manager in proposal to ‘two sessions’

China should use a variety of capital-market tools such as funding and restructuring to boost the valuations of publicly traded state-owned enterprises (SOEs), according to the general manager of the ... ( read original story ...)

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