Competition for investment is set to intensify after the UK markets closed last year with a flourish of activity which is predicted to continue in 2021, according to EY’s latest market tracker IPO Eye ... ( read original story ...)
Conflux Blockchain startup Sees $5M Investment From Shanghai Government
Conflux stands as a blockchain startup based in Beijing, and had received a research grant worth $5 million by the Changing District Government as well as the Shanghai Science and Technology Committee ... ( read original story ...)
Week In Review: China Biopharma Starts 2021 With Over $1 Billion In Deals And IPOs
Zai Lab acquired greater China rights to an argenx SE novel treatment for autoimmune indications in a deal worth up to $175 million in upfront and near-term payments. Ocumension Therapeutics invested ... ( read original story ...)
Chinese investors flood Hong Kong’s bruised stock market with cash
Chinese money is pouring into Hong Kong’s beaten-down stock market, highlighting the growing sway of mainland traders as political turmoil threatens to undermine the city’s status as a global finance ... ( read original story ...)
China Stock Index Heads Toward Record in Best Ever Start to Year
The priciest equities in more than five years are proving no deterrent for stock traders in China, where the benchmark is now nearing its all-time high. ( read original story ...)
Kweichow Moutai surpasses Shenzhen economy as meteoric rise sparks bubble concerns in China’s stock market
The liquor distiller surpassed lender ICBC by market value in 2020 and should become more than valuable than Shenzhen’s economy in 2021, based on some of the bullish targets among analysts covering ... ( read original story ...)
Uncertainty over 900 jobs as American firm behind big lifestyle labels to move from Hong Kong to Shanghai, Singapore
Denver-based VF Corporation will relocate its brand operations to Shanghai and logistics hub to Singapore, while Hong Kong will just remain a retail market. ( read original story ...)