Shanghai Microport Ep Medtech Co. Ltd. went public on the Shanghai Stock Exchange STAR Market and raised ¥1.17 billion (US$169.5 million) with its initial public offering. The company’s issue price ... ( read original story ...)
Asia dodges global IPO slump in summer as China records big deals
First-time share sales in the Asia Pacific region totalled $14.9 billion in August, data compiled by Bloomberg show. The strong showing is almost entirely down to issuers from mainland China and Hong ... ( read original story ...)
Trade setup for Thursday: SGX Nifty, other things to know before stock market’s Opening Bell today
Nifty 50 index is now facing resistance at 17965-17992 band while 17522-17623 band could offer support, say experts ... ( read original story ...)
As IPOs Slump Globally, the Big Deals Are Coming From China
In a year where initial public offerings globally have slumped by more than two-thirds, one would expect the summer break to be especially quiet. Not so in Asia, where stock listings have notched ... ( read original story ...)
Bank of China raised H1 mortgage lending to support market growth
Bank of China said on Wednesday it had increased mortgage lending in the first half to support the healthy growth of the property market.The remarks were made by bank chief Liu Jin at a news ... ( read original story ...)
Shanghai unveils AI development master plan as power crisis, new Covid-19 curbs threaten to derail city’s economic recovery
The city's draft AI plan outlines various measures, including financial support, to help drive the industry's development Pudong New District, located east of the Huangpu River, is expected to be the ... ( read original story ...)
China issues draft rules to regulate financial holding companies’ related transactions
China's central bank issued draft rules on Tuesday to regulate related transactions of financial holding companies. Such transactions must conform to rational commercial principles, be backed by ... ( read original story ...)