Buoyed by news of China plans to ease Covid restrictions that have hurt international arrivals, the Shanghai-headquartered hotel chain soared by 17% on its debut on the Nasdaq on Friday. Atour, ... ( read original story ...)
Chinese hotel operator Atour stock climbs 15% following downsized $52M IPO
American Depositary Shares jumped 15% following a $52M US initial public offering that priced at the lower end of ... ( read original story ...)
The Counterbalancing Significance of the Shanghai Cooperation Organisation
This year’s Shanghai Cooperation Organisation summit was held in Uzbekistan in mid-September. With new countries eager to join the Eurasian multilateral alliance—including Iran and Turkey—the SCO ... ( read original story ...)
China new bank lending stumbles as COVID flare-ups hit demand
A Chinese national flag is pictured, following the coronavirus disease (COVID-19) outbreak, in Shanghai, China, October 14, 2022. REUTERS/Aly Song/File photo ... ( read original story ...)
IPO Update: AgiiPlus Seeks $39 Million In U.S. IPO
Given the various external risks the firm faces, its lack of gross profit breakeven and continued high operating losses, I'm on Hold for the AGII IPO. Shanghai, China-based AgiiPlus was founded to ... ( read original story ...)
Most of China’s Foreign PE Firms Pick Shanghai With Assets of USD8.3 Billion
Shanghai has become the top destination for foreign private equity institutions entering China as the number of such firms in the eastern megacity has risen to 32 with more than CNY60 billion (USD8.3 ... ( read original story ...)
GDS to Report Third Quarter 2022 Financial Results
GDS Holdings Limited (“GDS Holdings”, “GDS” or the “Company”) (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China, today announced that it will report ... ( read original story ...)