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Tag: ipo

Posted on 09/09/2022

China Aviation Lithium Battery wins Hong Kong bourse approval for US$2 billion IPO

China Aviation Lithium Battery (CALB), the country’s third-largest electric vehicle (EV) battery maker, won approval from the Hong Kong stock exchange’s listing committee on Thursday for a share sale ... ( read original story ...)

Posted on 07/09/2022

China Mainland IPOs This Year to Be Equal to or More Than Last Year, UBS Says

"As China's economy gradually recovers, the mainland stock markets are showing an upward trend," Sun Lijun, co-head of Global Investment Banking at UBS Securities, said at a UBS investment banking ... ( read original story ...)

Posted on 07/09/2022

China Stock Market May Run Out Of Steam On Wednesday

The China stock market has climbed higher in three straight sessions, advancing almost 60 points or 1.9 percent along the way. The Shanghai Composite Index now rests just shy of the 3,245-point ... ( read original story ...)

Posted on 07/09/2022

Shanghai’s housing market rebounds as banks quicken loan approvals amid lower mortgage rates, spurring demand

As house prices shoot up, the city government can fast-track approvals for home construction and rake in higher proceeds from land auctions Local banks have quickened the pace of loan approvals to ... ( read original story ...)

Posted on 06/09/2022

China postpones key annual financial forum in Shanghai

China has postponed a key financial gathering set for this week in its financial hub of Shanghai, authorities said on Tuesday, adding that they were aiming for deeper discussion of the topics to be ... ( read original story ...)

Posted on 06/09/2022

China Delays Key Annual Financial Forum Amid Covid Flare-Up

China has postponed an important annual financial forum in Shanghai this week, according to local officials, as the country battles a new wave of Covid outbreak. ( read original story ...)

Posted on 05/09/2022

China Central Bank to Cut FX Reserve Ratio to Help Limit Yuan Weakness

The People's Bank of China said it would cut the foreign exchange reserve requirement ratio (RRR) to 6% from 8% beginning Sept. 15, according to an online statement. The PBOC said the reduction aimed ... ( read original story ...)

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