Chinese car maintenance service startup Tuhu Car is set to raise HK$1.137 billion ($146 million) in its Hong Kong initial public offering by pricing its shares at HK$28 apiece, according to three ... ( read original story ...)
Stock market today: Asian shares weaker ahead of Federal Reserve interest rate decision
Asian shares are mostly weaker in cautious trading ahead of the Federal Reserve’s looming decision on interest rates ... ( read original story ...)
China’s yuan slips amid caution ahead of big central bank meetings
SHANGHAI: China’s yuan eased slightly against the dollar on Tuesday but found some support above levels seen as ... ( read original story ...)
China VCs have a big problem — and it’s not just a drop in U.S. investor appetite
In the years since Alibaba's 2014 U.S. IPO, early-stage investing has drawn tens of billions of dollars into China with relatively little to show for it. ( read original story ...)
Chinese Driving School’s Stock Drops by Limit After Chairman’s Arrest
The arrest of Xu Xiong, who is also a director of the driving school and its actual controller, was approved by public prosecutors in Shanghai, his family told Yicai. His recent arrest may be related ... ( read original story ...)
China’s desperate stock traders keen for policy ‘bazooka’ to rouse US$10 trillion bear market from slumber
Many of mainland China's 220 million retail investors are not convinced the government's recent support measures are enough to ensure long-term recovery Sentiment has been shaky for some months, as expectations of a strong post-Covid economic recovery failed to materialise Software engineer Jacky Jia has been paying more attention than usual to his stocks ...
China’s tech, media and telecoms IPOs fall in first half of 2023, but new capital market policies and nation’s economic recovery to boost sector’s outlook: PwC report
There were 66 mainland TMT enterprises that went public in the first half of the year, down from 124 in the second half of 2022 Domestic exchanges were TMT firms' main IPO venues, with 39 per cent ... ( read original story ...)