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Tag: ipo

Posted on 04/06/2022

Microport Medbot proposes $420M IPO on Shanghai Stock Exchange

Co. Ltd. plans to list on the Shanghai Stock Exchange on the Sci-Tech Board to raise ¥2.8 billion (US$420 million) to progress its surgical robots. The funds raised from the IPO would go toward ... ( read original story ...)

Posted on 03/06/2022

Shanghai’s bustling financial zone regaining vitality

In its bustling financial zone of Lujiazui, banks and financial institutions have resumed offline operation. ( read original story ...)

Posted on 03/06/2022

Dividend-rich stocks are China’s market-beating weapon for funds seeking shelter from Shanghai market turbulence

The Shanghai Stock Exchange Dividend Index has outpaced the broader market of 1,860 stocks this year as old-economy stalwarts delivered stability Top index performers included Maanshan Iron & Steel ... ( read original story ...)

Posted on 03/06/2022

Shanghai neighbourhoods return to lockdown a day after restrictions eased

Multiple neighbourhoods in Shanghai were placed back under lockdown only a day after city-wide restrictions were lifted, as China's stringent zero-COVID strategy continues to haunt the financial hub. ( read original story ...)

Posted on 02/06/2022

Coronavirus: as Shanghai reopens, South Korean firms race to shake off lockdown disruptions

South Korean companies in Shanghai or with exposure to its supply chain are trying to get business back on track after lockdown was lifted From small traders to some of South Korea's top conglomerates ... ( read original story ...)

Posted on 02/06/2022

Shanghai reopening: stock exchange to release staff from sleeping on-site on June 6, breaking its ‘closed loop’ as city exits lockdown

Exchange staff have been locked in the building since late March to ensure trading goes on at China’s largest bourse. ( read original story ...)

Posted on 02/06/2022

Bank loans and foreign exchange grind to a halt amid China lockdowns

Banks in China are urging regulators to relax rigid documentation rules as companies there have not been able to fulfil them due to Covid-19 lockdowns, forcing the lenders to halt services such as ... ( read original story ...)

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