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Tag: banking

Posted on 17/06/2026

‘China’s Instagram’ readies Hong Kong IPO that could see it valued at over $70 billion

Chinese lifestyle and video-sharing platform Xiaohongshu is aiming for an initial public offering in Hong Kong as early as the end of this year, according to people familiar with the matter. ( read original story ...)

Posted on 17/06/2026

Chinese social media firm Xiaohongshu taps Goldman, CICC to work on Hong Kong IPO, sources say

By Kane Wu and Yantoultra Ngui HONG KONG, June 16 (Reuters) - Chinese social media platform Xiaohongshu has tapped banks including Goldman Sachs and CICC to work on a potential Hong Kong initial ... ( read original story ...)

Posted on 17/06/2026

China makes new push to take yuan global, vows vigilance against financial risks

SHANGHAI, June 17 (Reuters) - China announced fresh measures on Wednesday to promote the global use of the yuan and unveiled plans to better manage domestic money market liquidity. Pan Gongsheng, ... ( read original story ...)

Posted on 15/06/2026

Tencent-Backed Enflame Heads to IPO as China AI Chip Wave Grows

Tencent Holdings Ltd.-backed Shanghai Enflame Technology Co. has received approval for an initial public offering, a key step toward bringing to the market the last of the “four little dragons,” a ... ( read original story ...)

Posted on 12/06/2026

China backs greater role for foreign financial firms in Shanghai financial hub: regulator

VCG. Shanghai International Reinsurance Exchange has seen rapid growth in the first five months of 2026, recording transaction premi ... ( read original story ...)

Posted on 12/06/2026

SpaceX playbook set to fuel China’s IPO ambitions but tech gap persists

(Refiles to fix typo in fourth bullet. No changes to story.) By Eduardo Baptista and Samuel Shen BEIJING/SHANGHAI, June 12 (Reuters) - SpaceX's record $75 billion IPO is poised to supercharge Chinese ... ( read original story ...)

Posted on 12/06/2026

Analysis-SpaceX Playbook Set to Fuel China’s IPO Ambitions but Tech Gap Persists

BEIJING/SHANGHAI, June 12 (Reuters) - SpaceX's record $75 billion IPO is poised to ⁠supercharge ⁠Chinese space startups racing to fund the same technologies ⁠that have made Elon Musk the world's first ... ( read original story ...)

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