Megvii Technology has been given the green light to proceed with an initial public offering on the Shanghai’s Nasdaq-like Star Market. The Chinese artificial intelligence unicorn plans to raise as ... ( read original story ...)
Chinese firms with offshore structure to need approval for Hong Kong IPOs
The move would not augur well for the Asian financial hub as it may make it more challenging for Chinese firms looking for a venue closer to home amid tighter checks in the US. ( read original story ...)
China’s Ximalaya to file for Hong Kong IPO next week -sources
China's largest online audio platform Ximalaya will file for its Hong Kong initial public offering (IPO) next week after dropping its plans to list in the United States, according to three sources ... ( read original story ...)
Podcasting platform Ximalaya shelves planned US IPO as Beijing tech crackdown continues
Ximalaya has scrapped its US initial public offering plans after Beijing implemented new rules to review overseas listings by firms that hold personal data of more than 1 million Chinese people. ( read original story ...)
Kunshan Guoli Electronic Technology debuts on SSE STAR Market, rose 516%
Kunshan Guoli Electronic Technology (688103) opened at RMB 62 on its first day trading on the Shanghai Stock Exchange's STAR Market, an increase of 415% from its IPO price of RMB 12.04. ( read original story ...)
China Stock Market May Spin Its Wheels On Friday
The China stock market rebounded on Thursday, one session after halting the two-day winning streak in which it had gathered almost 100 points or 0.8 percent. The Shanghai Composite Index now rests ... ( read original story ...)
China’s Shanghai Composite Rises, Surpassing February’s High
China’s Shanghai Composite Index surpassed a February peak with its ninth daily rise in 11 sessions, as real estate and conglomerate stocks drove the rally. The equities gauge jumped as much as 0.6% ... ( read original story ...)