CHINA’S banking sector bad loan ratio stood at 1.71 per cent at the end of 2022, down 0.09 percentage point from a year earlier, the Shanghai Securities News said on Friday (Feb 3), citing the ... ( read original story ...)
Heavy buying in banking stocks lift Sensex by 910 points
Equity benchmarks rallied over 1 per cent on Friday due to heavy buying in banking and financial counters amid mixed trend in the global markets. Photograph: PTI Photo The 30-share BSE benchmark ... ( read original story ...)
China’s latest IPO reform unlikely to flood markets with new issuance, bankers say
China's move this week to streamline stock market listing rules is unlikely to result in a flood of initial public offerings, bankers say, citing the prospect of state intervention on national ... ( read original story ...)
Five things to know about China’s latest IPO system overhaul
China is about to take a major step forward in the overhaul of the country's $12.7 trillion stock market with plans to roll out its registration-based IPO system to the country's two biggest boards in ... ( read original story ...)
China IPO Reform Is ‘Significant Milestone’, Goldman Sachs Says
China’s planned easing of rules for initial public offerings will allow more mid-sized companies to tap domestic investors with larger firms considering listing onshore instead of Hong Kong, Goldman ... ( read original story ...)
Chinese lidar maker Hesai to raise up to $171 million in U.S. IPO
The Shanghai-based lidar maker will offer up to 9 million American ... Its investors include Xiaomi, Meituan, Bosch and Baidu. Hesai's IPO is the first major offering by a Chinese firm since the ... ( read original story ...)
Virgin Atlantic is returning to Shanghai for the first time in two years
It’s business as usual for Virgin Atlantic, which has announced a return to financial mega hub Shanghai for the first time in more than two years. ( read original story ...)