China Mobile Ltd., the country’s largest wireless carrier by revenue, is aiming to raise 48.7 billion yuan ($7.64 billion) from its Shanghai listing in what would rank among the largest share offers ... ( read original story ...)
Financial authorities encourage M&A in real estate sector
China's central bank and the insurance industry regulator have issued a notice to encourage financing for mergers and acquisitions in the real estate sector, the latest move to relax financing ... ( read original story ...)
Chinese AI Giant SenseTime Reopens $770 Million IPO One Week After U.S. Blacklist
Chinese artificial intelligence giant SenseTime is pushing ahead with its initial public offering in Hong Kong despite being placed on a U.S. investment blacklist just one week ago, and the company is ... ( read original story ...)
China’s central bank insurance authorities encourage M&A of real estate projects
The People's Bank of China (PBC) and the The China Insurance Regulatory Commission (CIRC) have issued a notice encouraging banking and financial institutions to provide financial support and services ... ( read original story ...)
Chinese banks cut borrowing costs for first time in 20 months
The one-year loan prime rate was set at 3.8 per cent, the first reduction since April 2020. . Read more at straitstimes.com. ( read original story ...)
China Boosts Property Support With M&A Funding, Bank Rate Cut
China is ramping up support of the embattled real estate sector as growing stress in the industry threatens to deepen an economic slowdown. Authorities are encouraging banks to fund acquisitions of ... ( read original story ...)
SenseTime unveils revamped IPO
SenseTime Group, an artificial intelligence software developer, has relaunched its Hong Kong IPO a week after putting the deal on hold due to unexpected sanctions from the US Department of the ... ( read original story ...)