AuGroup has filed an updated application for a Hong Kong IPO, after previous listing attempts on Shanghai’s STAR Market and Shenzhen’s ChiNext failed The company’s revenue rose 17% in the first four ... ( read original story ...)
Shein Could Face New Hiccup in Proposed London Flotation
Shein faces growing scrutiny in London over imports made from the Xinjiang region in China, which could foil its IPO plans. ( read original story ...)
The Shanghai Composite Rises, Hang Seng Falls: What’s Behind the Divergence?
China disappointed investors on Tuesday, with a stimulus package much tinier than expected. But China’s flagship Shanghai Composite still gained 4.6%, while Hong Kong’s Hang Seng plummeted 9.4%. What gives? ( read original story ...)
Zinka Logistics, Standard Glass Lining Technology, NSDL IPOs get go from SEBI
NSDL has received observation letter from the capital markets regulator on September 30. Its IPO solely consists of an offer-for-sale by investors, with no fresh issue component. ( read original story ...)
UK development bank brings in BRICS bank’s former CFO as new head
South African Leslie Maasdorp, whose term at the New Development Bank (NDB) as the BRICS bank is now called ended in July, will replace ... ( read original story ...)
Shanghai Shares End More Than 4% Higher, Hong Kong Tumbles
Mainland Chinese stocks ended more than four percent higher Tuesday but were well off their early highs, while Hong Kong collapsed as traders were left disappointed by a lack of new stimulus from ... ( read original story ...)
China’s stock euphoria is primed to disappoint
Investors of Chinese stocks are in for a rollercoaster ride. Onshore bourses staged a weaker-than-expected rally following a week-long holiday while shares in Hong Kong plunged. True, valuations are cheap and funds remain underweight. ( read original story ...)