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Tag: ipo

Posted on 10/01/2023

Shanghai promotes strong green finance goals, pushing low-carbon transformation

Shanghai on Monday issued an action plan on promoting green finance, to push ahead the overall green and low-carbon transformation of economy and society. The action plan sets the ... ( read original story ...)

Posted on 10/01/2023

Xiaomi-Backed China Lidar Firm Hesai Nearing US IPO Filing, Sources Say

Hesai Technology Co., a Chinese developer of sensor technologies used in self-driving cars, is planning to file for an initial public offering in the US that could raise about $150 million, according ... ( read original story ...)

Posted on 10/01/2023

Asian stock markets mixed ahead of US inflation update

Stock markets were mixed Tuesday ahead of a U.S. inflation update that traders hope will encourage the Federal Reserve to ease off plans for more interest rate hikes. Shanghai and Tokyo rose. ( read original story ...)

Posted on 10/01/2023

Alibaba’s Ant Could Be Marching Toward An IPO, CNY’s Remarkable Ghost Rally

Jack Ma’s voting rights in financial technology giant Ant Group were lowered to 6.2% from 53.4%, though he still has a significant economic interest in the company. ( read original story ...)

Posted on 09/01/2023

Share Market LIVE: SGX Nifty hints at positive start for Sensex, Nifty; TCS Q3 results eyed

Domestic equity indices are likely to open in green, hints SGX Nifty. The nifty futures on the Singaporean exchange were trading 129.5 points or 0.72% higher at 18,088.5 on Monday. The stock indices ... ( read original story ...)

Posted on 09/01/2023

Shares of Ant-linked firms rise after news of Jack Ma ceding control; Alibaba jumps

Hong Kong-listed shares of Ma's Alibaba jumped more than 5%. Shares of Longshine Technology Group Co Ltd, Jilin Zhengyuan, Shanghai Golden Bridge Infotech Co, Orbbec Inc and Hundsun Technologies, in ... ( read original story ...)

Posted on 09/01/2023

Jack Ma Is Giving Up Control of Ant. What Does That Mean for Ant’s IPO Reboot?

Chinese regulators torpedoed Ant Group Co.’s would-be record initial public offering, sending shock waves across global capital markets. New rules have been slapped on the fintech giant, which has ... ( read original story ...)

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