Tag: ipo

Kweichow Moutai led the slump on Chinese distillers of fierce liquor after the Xinhua article, published after Thursday’s market close ... which has already vaulted to the fourth-biggest stock on the Shanghai Composite Index, slid 4 per cent from ... ( read original story ...)

is planning a $2 billion IPO in Shenzhen, aiming to boost its financial muscle amid a global battle for a share of the country's fast-growing electric car market. * REBAR: Shanghai rebar prices fell more than 4 percent. * For the top stories in metals and ... ( read original story ...)

China's securities regulator has approved IPO applications from five companies, which will raise up to 3 billion yuan (more than 450 million US dollars) in the A-share market. Two companies will be listed on the Shanghai Stock Exchange, two on the Shenzhen ... ( read original story ...)

... enhance overall efficiencies of financial institutions and attract more global investors", said the research note. The Shanghai Composite Index rose 0.44 percent to 3,447 points, while the Shenzhen Component Index rose 0.43 percent to 11,695 points. ( read original story ...)

The result was a plunge of as much as 5.8 percent in the Shanghai-listed shares Friday ... at Bocom International Holding Co. in Hong Kong. Since a debt-fueled stock market bubble burst in 2015, wiping out $5 trillion of value, Chinese policy makers ... ( read original story ...)

SHANGHAI, Nov 17 (Reuters) - Shanghai's stock market fell on Friday, on track to post its biggest weekly loss in three months, with sentiment soured by a sharp correction in alcohol producer Kweichou Moutai, seen as a bellwether among Chinese blue chips. ( read original story ...)

and that analysts’ share price targets and valuations in the market are "overly high". The stock dropped 2 percent at 9:36 a.m. in Shanghai. Moutai has more than doubled this year, with Goldman Sachs Group Inc. alone raising its target on the company 11 ... ( read original story ...)