China approves seven IPO applications

Four of them will be listed on the Shanghai Stock Exchange, two on the Shenzhen small and medium enterprise board, and one on the ChiNext, China's NASDAQ-style board. The firms and their underwriters will confirm IPO dates and publish prospectuses ... ( read original story ...)

Shanghai Calling! Shake Shack is Shanghai Bound

Come on by, Shanghai! Shake Shack’s expansion plans in Asia are heating ... Forward-looking statements discuss our current expectations and projections relating to our financial position, results of operations, plans, objectives, future performance ... ( read original story ...)

Financial markets reflect risk aversion after Spain attacks

An aversion to risk was evident in financial markets Friday after the attacks in Spain ... Hong Kong's Hang Seng sank 1.1 per cent to 27,047.57, while the Shanghai Composite index ended flat at 3,268.72. Australia's S&P/ASX 200 fell 0.6 per cent to ... ( read original story ...)

Bicycle-rental operator Youon raises $87m Shanghai listing

Changzhou Youon Public Bicycle System, a bike rental company, held an IPO on the Shanghai Stock Exchange on Thursday, raising 581 million yuan ($87 million) and becoming the first listed company in the sector, thepaper.cn reported Thursday. The shares ... ( read original story ...)

After a false start, China sees its first bike-rental IPO

China’s burgeoning bike-rental industry has witnessed its first-ever IPO as Changzhou-based startup Youon went public today. Shares of Youon started trading this morning on Shanghai Stock Exchange at the initial offering price of RMB 26.85 ($4.02 ... ( read original story ...)