The former Arm China CEO had said in February that the company might go public in Shanghai or Hong Kong after 2025 ... have the discretion to pursue an independent IPO. He said that Arm China is ... ( read original story ...)
Shanghai’s lockdown is giving China’s online grocery apps a second chance
And contested it was, as players in the market were ... only thing left in stock was a bag of candies. To support MIT Technology Review's journalism, please consider becoming a subscriber. “Because of ... ( read original story ...)
Arm’s path to IPO smoothened after its Chinese venture ousts CEO
The board of Arm China, a Shanghai-based joint venture between Arm Ltd and Chinese ... complicating Arm's efforts to audit the unit's financials which is crucial to its planned IPO. On Thursday, Wu ... ( read original story ...)
China halves stock transfer fees in bid to reinvigorate bearish market
SHANGHAI : China's stock clearing agency said it will halve stock transfer fees from Friday to reduce investors' trading costs and to reinvigorate markets. The move is aimed at "promoting stable and ... ( read original story ...)
China Stock Market May Extend Wednesday’s Gains
The China stock market on Wednesday wrote a finish to the five-day slide in which it had plummeted more than 200 points or 6.6 percent. The Shanghai Composite Index now rests just beneath the ... ( read original story ...)
Bankers desperate to leave Shanghai as COVID lockdown hurts businesses
Harsh COVID-19 lockdowns have had a direct hit on business prospects in Shanghai, leaving finance sector workers desperate to move to Hong kong. ( read original story ...)
Financial lobby group urges Shanghai to ease COVID rules for staff stuck in offices
A leading lobby group for global financial services firms has urged Shanghai authorities to let hundreds of exhausted staff go home after a month-long strict COVID-19 lockdown that has kept them in ... ( read original story ...)