In May, the company completed a $354 million Shanghai IPO at a price that has now quadrupled after six months. From the start, WuXi planned to have a dual Shanghai-Hong Kong listing, following the ... ( read original story ...)
Week In Review: Two China Biopharmas Raise $1.4 Billion In Hong Kong IPOs
WuXi AppTec (SHA: 603259; HK: 2359) began trading on the Hong Kong Exchange following its $967 million IPO, finishing the first day of trading at the offer price (see story). In May, the company compl... ( read original story ...)
Swiss bank accounts: ED seizes Rs 10.28-cr assets of ex-Emaar MGF MD
The central probe agency said in a statement it has taken the action against Gupta under the Foreign Exchange Management Act for "holding USD 15,40,650 in his bank account maintained with HongKong and ... ( read original story ...)
Trade tensions hit IPO debutants
The Shanghai-listed company had raised HK$7.55 billion from the ... Another mainland biotech company, Huakang Biomedical (8622), closed at HK$0.47, 6 percent lower than its IPO price on its market deb... ( read original story ...)
Consolidation Called For China Stock Market
The China stock market has climbed higher in three straight sessions, gathering more than 45 points or 1.8 percent along the way. The Shanghai Composite Index now rests just beneath the 2,635-point pl... ( read original story ...)
China stocks higher at close of trade; Shanghai Composite up 1.23%
Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 1169 to 226 and 81 ended unchanged. Shares in Qingdao TGOOD Electric Co Ltd (SZ:300001) rose to 52-week highs; rising 8.04% o... ( read original story ...)
China Stock Market Poised To Extend Winning Streak
The China stock market has finished higher in two straight sessions, gathering more than 15 points or 0.6 percent along the way. The Shanghai Composite Index now rests just above the 2,600-point plate... ( read original story ...)