SHANGHAI (Reuters) – China’s central bank injected funds through medium-term loans into the financial system on Tuesday, while keeping the interest rate unchanged. The People’s Bank of China (PBOC) ... ( read original story ...)
Xingtong Shipping readies Shanghai IPO
Chinese chemical tanker player Xingtong Shipping will invest much of the proceeds from an upcoming IPO on expanding its fleet size. The company is readying a February 22 listing on the Shanghai ... ( read original story ...)
No big bang for China-into-US IPOs
Life is slowly returning to the China-US listings market, but ECM bankers will need to adapt to a radically different environment A handful of Chinese companies are slowly making their way to US IPOs, ... ( read original story ...)
How Sequoia’s U.S. Investors Won Big From Segway Owner’s IPO—in Backwater China Market
Sequoia owned 15% of Ninebot when it went public in Shanghai in 2020. As soon as Sequoia’s limited partners were allowed to sell their Ninebot shares when IPO share-lockup restrictions expired, the ... ( read original story ...)
Lacking Revenue, Lepu Biopharma Chases IPO to Revive War Chest
Vivo Capital and Shanghai Bio-medical Fund. They have participated in three rounds of fundraising for the company, forking over a total of 2.45 billion yuan, which pushed Lepu’s valuation to 10.26 ... ( read original story ...)
Dingdong (Cayman) Limited Announces Fourth Quarter 2021 Financial Results
SHANGHAI, Feb. 15, 2022 /PRNewswire/ -- Dingdong (Cayman ... today announced its unaudited financial results for the fourth quarter ended December 31, 2021. Fourth Quarter 2021 Highlights: GMV for the ... ( read original story ...)
Xintong Shipping planning Shanghai IPO to fund fleet expansion
The company is planning to issue shares on the Shanghai Stock Exchange on 22 February and will ... It is the second Chinese company to announce an IPO this month. Rapidly expanding container carrier ... ( read original story ...)