Surveillance cameras are seen near residential buildings under construction in Shanghai, China July 20, 2022. REUTERS/Aly Song/File Photo ... ( read original story ...)
Pang Pang Xiang aims for IPO, hoping for better result than MissFresh, Dingdong
The company hopes to reverse the fortune of other China-based food-delivery companies, including Missfresh and Dingdong Maicai, which have seen their valuations plummet after going public. It remains ... ( read original story ...)
Pre-Market Brief: Stocks Climb Ahead of FOMC Meeting Minutes
stronger than expectations of 48.0. Asian stock markets today settled in the green, tracking a recovery in Wall Street. China’s Shanghai Composite Index (SHCOMP) closed up +0.26%, while the Japanese ... ( read original story ...)
India gains as China lags in MSCI Emerging Market Index, will the trend continue?
India's weight has doubled in the global index in the last two years on market outperformance while China has dropped. Experts see the trend continuing but say high valuations may be a bump ... ( read original story ...)
China Warns It Will Tightly Regulate Covid-Linked IPOs
Zero-Covid hasn't meant zero-cash for every Chinese company. Chinese securities regulators have warned they will be keeping a watchful eye on ... ( read original story ...)
China’s STAR Market Hosts $102 Billion of IPOs in First Three Years
The fundraising accounted for more than 40% of IPOs in China’s domestic A-share market during the period, said Cai Jianchun, general manager of the Shanghai Stock Exchange, Tuesday at a forum. ( read original story ...)
Chinese stock exchanges vow to strictly review PCR testing firms’ IPO applications
The Shanghai and Shenzhen stock exchanges have said they will closely review domestic nucleic acid testing firms’ IPO application and strictly vet their application materials, including their ... ( read original story ...)