Shanghai Jinjiang Shipping (JJ Shipping) is targeting CNY 3bn ($416m) from its IPO to fund fleet expansion. The Chinese company, which is part of Shanghai International Port Group (SIPG), filed an ... ( read original story ...)
Stock market today: Asian shares are mixed ahead of an update on US consumer prices
Asian shares are mixed after stocks advanced on Wall Street ahead of an update on U.S. inflation that investors hope will show a smaller increase in pain for everyone ... ( read original story ...)
China’s $103 billion bank rout shows who pays price for rescues
A Bloomberg Intelligence stock index of Chinese lenders has tumbled 14 per cent from this year’s high in May. Read more at straitstimes.com. ( read original story ...)
Tech war: US mineral firm’s China unit faces fresh hurdle to Shanghai listing plan after Beijing’s metal export controls
faces fresh obstacles in its pursuit of an initial public offering (IPO) in Shanghai after China imposed export control measures on the critical chip-making materials of germanium and gallium. Beijing ... ( read original story ...)
Wall Street Banks Court Sovereign Funds for Syngenta’s Mega IPO
Wall Street banks are helping approach international investors for Syngenta Group’s 65 billion yuan ($9 billion) initial public offering in Shanghai, according to people familiar with the matter, ... ( read original story ...)
Stock market today: Asian shares rise ahead of a US inflation update on hopes for easing rate hikes
Asian stock markets followed Wall Street higher Tuesday ahead of an update on U.S. consumer prices that traders hope will show inflation is easing, reducing the need for more interest rate hikes ... ( read original story ...)
China IPO applications fall by third in first half of 2023
China's IPO applications slumped by a third in the first half of 2023, as earnings volatility, a slowing economy and tighter regulatory scrutiny deterred potential candidates.Chinese exchanges, which ... ( read original story ...)