All the 12 IPOs were launched on domestic exchanges due to favorable valuations. The newly listed companies are engaged in semiconductors and Internet software and services, and they’re relatively small in market valuation and business size. ( read original story ...)
China’s tech IPOs likely to reach a record high this year
TOTAL proceeds from the initial public offerings from Chinese technology firms reached US$1.2 billion in the first quarter this year, the highest number of IPO deals around the world, according to PwC's quarterly Global Technology IPO Review. "The number ... ( read original story ...)
China Encourages County-Level Tech Firms To IPO
China's main-board in the Shanghai and Shenzhen Stock Exchanges, Small and Medium Enterprise Board, Growth Enterprise Board, the so-called New Third Board, as well as regional equity transaction markets will be more supportive of high-growth tech companies ... ( read original story ...)
Moody’s downgrades China, warns of fading financial strength as debt mounts
SHANGHAI/BEIJING Moody's Investors Service downgraded China's credit ratings on Wednesday for the first time in nearly 30 years, saying it expects the financial strength of the economy will erode in coming years as growth slows and debt continues to rise. ( read original story ...)
HK, Shanghai to deepen ties
Fiscal forum: Secretary for Financial Services & the Treasury Prof KC Chan (front centre) and Shanghai Municipal Government Financial Services Office Director-General Zheng Yang (front left) attend the seventh Working Meeting of Hong Kong-Shanghai ... ( read original story ...)
Moody’s downgrades China, warns of fading financial strength as debt climbs
SHANGHAI/BEIJING (Reuters) - Moody's Investors Service downgraded China's credit ratings on Wednesday, saying it expects the financial strength of the world's second-biggest economy will erode in coming years as growth slows and debt continues to rise. ( read original story ...)
Moody’s downgrades China, warns of fading financial strength as debt stings
SHANGHAI Moody's Investors Services downgraded China's long-term local and foreign currency issuer ratings on Wednesday, citing expectations that the financial strength of the world's second-biggest economy would erode in the coming years. The downgrade by ... ( read original story ...)