Hesai Technology Co., a Chinese developer of sensor technologies used in self-driving cars, is aiming to raise about $200 million in new funds ahead of an initial public offering, according to people ... ( read original story ...)
China Three Gorges Weighs $2 Billion IPO of Brazil Unit
China Three Gorges Corp. is exploring an initial public offering of its Brazilian unit as the Chinese energy giant seeks to raise funds for expansion in Latin America, according to people familiar ... ( read original story ...)
Shanghai steps up defences against wave of asymptomatic COVID-19 cases
BEIJING: The Chinese financial hub of Shanghai is moving quickly to halt the spread of COVID-19 amid a rising wave of local symptomless cases, either delaying or cancelling dozens of concerts and ... ( read original story ...)
Stock Market Today: SGX Nifty rises 80 points; Asian markets positive but oil prices above $130 a barrel
Nifty futures on the Singapore Exchange traded 79.50 points, or 0.50 per cent, higher at 16,021, signaling that Dalal Street was headed for a positive start on Wednesday. The Nifty50 on Tuesday ... ( read original story ...)
Experts welcome Financial Stability Fund proposal
and executive director of the Shanghai Advanced Institute of Finance at Shanghai Jiao Tong University, said that the establishment of the Financial Stability Fund acquires profound significance as ... ( read original story ...)
China Supports Tech Firm U.S. IPO Revival, Signaling End to Freeze
(Bloomberg) --Zhenkunhang Industrial Supermarket Shanghai Co. is considering reviving its U.S. initial ... the people said. Zhenkunhang’s IPO is not expected to proceed immediately, given the turmoil ... ( read original story ...)
Property sales at Shimao Group’s Shanghai-listed unit sink 62 per cent in February
piling further financial pressure on one of the country's top real estate companies. Contracted sales at Shanghai Shimao sank 62 per cent to 1 billion yuan (US$158.4 million) in February from a year ... ( read original story ...)