Tencent Music Entertainment TME (TME US) reported strong results that were above analyst expectations for Q2 on Tuesday. Revenues increased +17.5% to $981mm (RMB 6.93B) versus estimate RMB 6.871B as ... ( read original story ...)
Companies line up to list on ChiNext on Aug 24 under new IPO rules
The first batch of companies registered for listing on Shenzhen's start-up board ChiNext under a revamped initial public offering (IPO) system will make their debuts on August 24, the Shenzhen Stock ... ( read original story ...)
Ant Group makes pre-listing filing in China for blockbuster IPO
Ant Group, the fintech arm of Chinese e-commerce company Alibaba Group Holding , has made a preparatory filing with China's securities regulator for its planned blockbuster initial public offering. ( read original story ...)
Alibaba’s Ant Group Makes Preparatory Filing in China for Giant IPO
Ant Group, the fintech arm of Chinese e-commerce company Alibaba Group Holding, has made a preparatory filing with China's securities regulator for its ... ( read original story ...)
Covid-19 vaccine hopefuls scramble for stock market funds
CureVac, which said earlier this week that it planned to raise up to $245m on Nasdaq to accelerate the development of its Covid-19 vaccine, is expected to price its initial public offering after the ... ( read original story ...)
China central bank to conduct MLF operations on Monday as 400 billion yuan of such loans expire
China's central bank said it would conduct medium-term lending facility (MLF) operations on Monday, as a batch of 400 billion yuan ($57.6 billion) worth of such loans expired on the day ... ( read original story ...)
Largest Chinese IPO of 2020 KE Holdings bags biggest billion-dollar pop since 2000
China's largest housing platform operating under the Lianjia and Beike brands, raised $2.1 billion in the largest US IPO from a Chinese issuer since 2018 and posted the best first-day pop for a ... ( read original story ...)