Tag: ipo

At the same time, authorities are keen to boost a stock market that has struggled in the face of a slowing economy and a falling yuan currency, as well as the pressures from the US trade tariff onslau... ( read original story ...)

The restrictions, announced by the Shanghai branch of the People’s Bank of China (PBOC) on Thursday morning, have closed off channels used to deposit and lend yuan offshore through the trade zones as ... ( read original story ...)

Nanjing Iron and Steel Co exemplifies China's efforts to rein in its financial risks. After winning another order to supply around 1,900 tons of steel to the Persian Gulf country, the Shanghai-listed ... ( read original story ...)

SHANGHAI (Reuters) - China’s central bank has restricted commercial banks from using some interbank accounts to deposit or lend yuan offshore through free trade zone schemes, two sources with direct k... ( read original story ...)

Shanghai-based NIO is backed by Chinese internet giant Tencent Holdings Ltd. and Chinese private equity firm Hillhouse Capital Group. The four-year-old company plans to use $650 million in the proceed... ( read original story ...)

Nio Inc., a Shanghai-based electric-car maker ... If Nio succeeds in raising that sum, it would mark the fourth largest U.S. IPO this year, behind Axa Equitable Holdings’ EQH, -0.78% $3.16 billion, Pa... ( read original story ...)

THE HONG KONG and Shanghai Banking Corp. (HSBC) is looking to roll out more mobile services to corporate clients in the Philippines over the coming year, following a jump in its credit card business s... ( read original story ...)