Stymied by poor market sentiment, only 3.18 million investors subscribed online for Altenergy Power System’s initial public offering on Shanghai’s Star Market, the lowest number since the Nasdaq-like ... ( read original story ...)
Ant Group-backed smart vending machine start-up Ubox seeks Hong Kong IPO after failing to list in A-shares market
Beijing Ubox Online Technology Corp, which posted over US$204 million in losses over the past two years, had been working for more than four years to list on the A-shares market, but withdrew its IPO ... ( read original story ...)
Shanghai ends lockdown: stock market wavers as traffic and commuters return in China’s commercial hub after two-month hiatus
New infections fell for the 11th day to 15, while five cases showed symptoms, and no death was reported for the fifth day SCMP's Shanghai reporters will provide on-the-ground coverage of the formal ... ( read original story ...)
As Shanghai COVID-19 lockdown ends, residents celebrate in the streets and fences come down
After two months of strict lockdown, China’s largest city, Shanghai, began to unlock at the stroke of midnight Wednesday. ( read original story ...)
After Shanghai Reopens for Most, Relief, Reunions, but Also Anxieties
The authorities kept some restrictions, such as requiring residents to show negative Covid test results to use the subway and limiting access to housing compounds. ( read original story ...)
China’s EV maker WM Motor said to weigh US$1b Hong Kong IPO: sources
CHINESE electric vehicle manufacturer WM Motor Holdings is considering raising about US$1 billion in a Hong Kong initial public offering (IPO), according to people familiar with the matter. Read more ... ( read original story ...)
Is a recovery in sight as Shanghai ends a two-month lockdown?
Some celebration rang out in Shanghai on Wednesday morning as the city of 25M people ended a more than two-month lockdown that was originally supposed to last nine days ... ( read original story ...)