Dada Nexus, a leading on-demand retail and delivery platform in China, announced terms for its IPO on Monday. The Shanghai, China-based company plans to raise $264 million by offering 16.5 million ... ( read original story ...)
Chinese chip-maker SMIC aims to raise $2.8 billion via Shanghai listing: prospectus
Hong Kong-listed chip-maker Semiconductor Manufacturing International Corp aims to raise about 20 billion yuan ($2.8 billion) selling shares publicly in Shanghai, the company said in a ... ( read original story ...)
Hong Kong and Shenzhen stocks surge more than 3% as China’s May factory activity expands
Stocks in Asia Pacific were higher on Monday as data releases showed China's factory activity expanding in May. ( read original story ...)
Why Virgin Atlantic’s Chief Commercial Officer Is Optimistic About The Future
Virgin Atlantic is looking for investors as it seeks to maintain liquidity in the midst of the COVID-19 crisis and a drastic downturn in demand. But Virgin Atlantic’s CCO Juha Jarvinen is positive ... ( read original story ...)
Semiconductor Manufacturing International plans China IPO – prospectus
Hong Kong-listed chip-maker Semiconductor Manufacturing International Corp aims to raise about 20 billion yuan ($2.80 billion) selling shares in Shanghai, the company said in a prospectus on Monday. ( read original story ...)
“Fear, uncertainty and distance”: Life in Shanghai under covid-19
At the tail end of April, The Post reported that The World Health Organization said there’s not enough evidence to that a person who has recovered from covid-19 is immune to a second infedtion. Some ... ( read original story ...)
Softbank closes $500 million funding round for Didi’s autonomous driving unit
China's Didi Chuxing has banked $500 million in investment dollars for its autonomous driving subsidiary following the closure of its first funding round led by Softbank Vision Fund 2. The investment ... ( read original story ...)