Online shopping became increasingly popular last year due to the pandemic-related restrictions and stay-at-home mandates. E-commerce sales as a share of total retail sales increased significantly. ( read original story ...)
Chinese Professor Lands $3.4 Billion Fortune With SenseTime IPO
Just weeks after the U.S. placed a unit of SenseTime Group Inc. on a blacklist for alleged human rights violations, the firm is about to make founder Tang Xiao’ou one of the world’s richest ... ( read original story ...)
Days after go-ahead for VIE structures, Beijing releases ‘negative list’ to tighten grip on overseas IPOs by strategically sensitive firms
Firms in industries on the list will have to obtain a waiver from regulators before proceeding with IPOs overseas The negative list 'will play a bigger role than the CSRC's registration system' in ... ( read original story ...)
The 4 Worst Performing IPOs in 2021
A low-interest-rate environment led a record number of private companies to administer IPOs in 2021. However, not all newly listed stocks have generated momentum. Recent IPO stocks E-Home Household ... ( read original story ...)
JinkoSolar’s Subsidiary Jinko Solar Co., Ltd. Completes IPO Registration with China Securities Regulatory Commission
JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that, according to the ... ( read original story ...)
STAR Market Daily: STAR 50 rises 1.03%, RMB 38.7 bln traded
Shanghai Stock Exchange STAR 50 closed at 1,369.62 on Tuesday. The STAR Market recorded a total trading volume of 0.7 bln shares with a turnover value of RMB 38.7 bln, up 3.8% from yesterday. ( read original story ...)
China unveils sweeping rules for foreign IPOs in wake of Didi
The regulations cast more uncertainty over the prospects for overseas initial public offerings that had proceeded virtually unchecked for two decades. ( read original story ...)