Initial public offerings in China have undervalued companies by up to $200bn over the past six years, academic research indicates, reflecting a struggle to price listings in the world’s second-biggest ... ( read original story ...)
Yum China: 4Q Earnings Snapshot
Yum China Holdings Inc. (YUMC) on Wednesday reported fourth-quarter earnings of $151 million. The Shanghai-based company said it had profit of 35 cents per share. The restaurant operator in China ... ( read original story ...)
Asia-Pacific Shares Mostly Higher; Slow China Services Sector Growth Caps Shanghai Index
The major Asia-Pacific stock indexes finished mixed but mostly higher on Wednesday after a majority of regional investors followed Wall Street’s positive lead. The lone loser was China which fell as a ... ( read original story ...)
The new monster tech IPO is a video app giving voice to China’s “silent majority”
Kuaishou's successful strategy of billing itself as a platform for ordinary users is going to make its founders extraordinarily rich. ( read original story ...)
Amer Group Receives IPO Approval
SHANGHAI–Chinese lingerie maker Amer Group received the official go-ahead for its initial public offering Wednesday from authorities. China’s Securities Regulatory Commission approved the ... ( read original story ...)
Earth heats up due to pandemic’s cleaner air, study finds
Earth spiked a bit of a fever in 2020, partly because of cleaner air from the pandemic lockdown, a new study found. ( read original story ...)
Pandemic leads to cleaner air, warmer temps according to researchers
Earth spiked a bit of a fever in 2020, partly because of cleaner air from the pandemic lockdown, a new study found. ( read original story ...)