Tag: ipo

The most important thing to do is drastically reform the IPO mechanism. The planned reform is sort of being forgotten Zhang Qi, analyst, Haitong Securities The regulator has given the go-ahead to about 200 listing applicants to raise funds on the Shanghai ... ( read original story ...)

Guotai Junan Securities Co., for example, placed about half its IPO with cornerstone investors and the Shenzhen and Shanghai governments. WuXi Biologics has an advantage in that it makes biopharmaceuticals, drugs that use live substances and that are ... ( read original story ...)

The rally among Shanghai blue-chips will likely continue as earnings improve, whereas the valuations of smaller-caps will remain pressured by the ongoing financial crackdown, according to Shenwan Hongyuan. “A simultaneous rise in risk-free interest rates ... ( read original story ...)

and Air China’s Shanghai tranche trades at a 49 per cent price premium. The performances of the two markets have diverged more since April after top policy makers introduced a raft of measures to clean up the financial sector. In a Politburo meeting ... ( read original story ...)

“There has been a clear trend of diminishing shadow banking,” said Chen Ji, a senior researcher at Bank of Communications in Shanghai. “Banks’ credit expansion is very likely to slow down amid Beijing’s drive to reduce leverage among the ... ( read original story ...)

China's leading financial technology provider, announced that its wholly owned digital lending technology subsidiary Dumiao successfully issued RMB245 million worth of asset-backed securities (ABS) on the Shanghai Stock Exchange, in the first such issue by ... ( read original story ...)

The CSRC has frozen new IPO share issues a total of nine times in its history, with the latest one being in 2015 when a stock rout erased US$5 trillion in market value. The four most recently approved listings, two in Shanghai and two in Shenzhen ... ( read original story ...)