Nongfu Spring has become a record-breaking IPO in Hong Kong after it locked up as much as HK$677 billion – about a third of Hong Kong’s daily cash in circulation – in capital from small investors. ( read original story ...)
China Normalizes As Its Stock Market Leads World
China is normalizing and moving into post-pandemic life. If the second SARS is anything like the first SARS, which lasted from November 2002 to July 2003, then a solid 8 months living with this new ... ( read original story ...)
Nongfu Springs IPO Pop Briefly Mints Bottled Water Entrepreneur As China’s Richest Man
Chinese businessman Zhong Shanshan had already done well for himself on the 2020 Forbes Billionaires List published in April. ( read original story ...)
There’s a ‘huge amount of money’ returning to China in the IPO space, investor says
As tensions mount between Washington and Beijing ahead of the U.S. presidential elections in November, Stonehorn Global Partners' Sam Le Cornu sees more Chinese firms returning home. ( read original story ...)
Jump in Hottest Hong Kong IPO Makes Founder China’s Second Richest
It was the hottest IPO in town. Now Nongfu Spring Co.’s stock surge is turning its founder into China’s second-richest person. ( read original story ...)
Financial Review, ABC journalists forced out of China
The China correspondents for The Australian Financial Review and the Australian Broadcasting Corporation spent five days under protection in Australian diplomatic missions after police visited their ... ( read original story ...)
BRIEF-IRay Technology’s Shanghai Star Market IPO 4,695.33 Times Oversubscribed
SAYS ITS SHANGHAI STAR MARKET IPO 4,695.33 TIMES OVERSUBSCRIBED Source text in Chinese: bit.ly/3m0jpAf (Reporting by Hong Kong newsroom) Our Standards:The Thomson Reuters Trust Principles. ( read original story ...)