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Tag: banking

Posted on 18/04/2025

Chinese tea chain Chagee pops in its IPO opening as investors look past trade war worries

Chagee Holdings Limited (NASDAQ:CHA) soared to as high as $41.78 in Thursday trading after pricing its IPO at $28.00 per ADS. The Chinese premium tea drink maker is offering 14.68 million shares and ... ( read original story ...)

Posted on 18/04/2025

Chagee Holdings ADSs Rise in Debut After IPO Prices at High End of Range

American depositary shares of Chagee Holdings gained in their Nasdaq debut Friday, after the Shanghai-based teahouse company's initial public offering priced at the high end of its expected range. ( read original story ...)

Posted on 17/04/2025

Chinese Tea Chain Chagee Is Said to Raise $411 Million in US IPO

Chinese tea chain Chagee Holdings Ltd. has raised $411 million after pricing its US initial public offering at the top end of the marketed range, people familiar with the matter said, defying a market ... ( read original story ...)

Posted on 17/04/2025

Online broker M+Global launches US IPO subscription service

Online trading platform M+Global has launched Malaysia's first US initial public offering (IPO) subscription service that it says will make subscriptions more affordable to Malaysian retail investors. ( read original story ...)

Posted on 17/04/2025

Chinese tea firm Chagee aims for $400mn New York IPO despite tariff war

Maker of ‘teaspressos’ and ‘teapuccinos’ could be second-biggest Chinese listing in US in more than three years ... ( read original story ...)

Posted on 17/04/2025

China Shadow Bank’s Collapse Shows Wealth Wipeout Is Deepening

More than a year after one of China’s biggest trust companies collapsed, hopes for a recovery in the $3.7 trillion industry are quickly fading. ( read original story ...)

Posted on 17/04/2025

China Shadow Bank That Oversaw $108 Billion Faces Liquidation

Zhongrong International Trust Co., which was one of China’s largest shadow banks before it defaulted on billions of dollars of wealth products, is facing liquidation after its two state-appointed ... ( read original story ...)

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