Never this cheap, rarely so unloved. Weakened by the government’s call to sacrifice profitability, stung by ultra-low interest rates and the threat of souring loans, the country’s Hong Kong-listed ... ( read original story ...)
Shanghai exchange says it will review Ant IPO on Sept. 18
The Shanghai stock exchange said on Wednesday that it would review the listing of Chinese financial technology firm Ant Group on the local STAR Market on Sept. 18. HONG KONG, Sept 9 (Reuters) - The ... ( read original story ...)
Chinese biotech sector is blowing hot as M&A and IPO deals surge amid Covid-19 pandemic
China’s biotechnology M&A transactions have almost doubled this year, while public stock offerings surged as investors scour for opportunities amid a global rush to develop a cure for Covid-19 disease ... ( read original story ...)
ECMOHO to Announce Second Quarter 2020 Unaudited Financial Results
ECMOHO Limited (Nasdaq: MOHO) (“ECMOHO” or the “Company”), a leading integrated solutions provider in the non-medical health and wellness market in China, today announced that it will release its unau ... ( read original story ...)
Very few businesses have Ant Financial’s growth potential over the next few years: Temasek
Rohit Sipahimalani of Singapore's Temasek Holdings, a key investor in Ant Financial, discusses prospects for the firm's dual listing in Hong Kong and Shanghai. He predicts that investors will ascribe ... ( read original story ...)
Nongfu Spring’s founder briefly becomes China’s richest man, thanks to a huge stake in bottled water IPO
The public offering of a bottled water giant has propelled its founder into the ranks of the three richest people in China, thanks to an ownership structure that reflects some potential risks of ... ( read original story ...)
Hong Kong’s most overbought IPO Nongfu Spring gushes on debut, pushing founder to among China’s newly minted billionaires
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 ...)