Changxin Memory Technologies Inc. plans to file for a domestic initial public offering this year that could value the Chinese chipmaker north of $14.5 billion, a milestone debut that could help ... ( read original story ...)
Chinese stock listings in Europe face liquidity hurdle
China's ambitious plan to get its companies listed in London and Zurich stock markets needs fine-tuning, analysts say, as the sparse liquidity in traded Chinese companies there has created market ... ( read original story ...)
Stock market today: Asian shares trading mostly lower
Shares are mostly lower in Asia in narrow trading after they barely budged again on Wall Street following a mixed batch of earnings reports from big U.S. companies ... ( read original story ...)
Exclusive-In Rakuten Bank’s downsized IPO, investors pushed for details on troubled parent, sources say
The logo of Rakuten is pictured at the headquarters of Rakuten in Tokyo, Japan, May 15, 2019. REUTERS/Sam Nussey ... ( read original story ...)
‘Deep, lingering, persistent’ skepticism over China’s growth potential is keeping global financial markets from embracing its reopening
It has been four months since China dismantled its strict Covid-19 controls and fully re-emerged from three years of self-imposed isolation. The impact of China’s reopening, both at home and abroad, ... ( read original story ...)
Silicon Valley Bank’s Shanghai joint venture ‘operating normally’
Pan Weidong, president of the second-tier Chinese state-owned lender, said the Shanghai-based 50-50 venture SPD Silicon Valley Bank (SSVB) is "operating normally for the time being." The conference ... ( read original story ...)
Stock market today: Asia trading mixed ahead of earnings
News that China’s economic growth accelerated in the latest quarter, to 4.5%, did not have much of an impact on share prices. While consumption and retail sales have grown, other indicators, such as ... ( read original story ...)