SHANGHAI, Aug 27 (Reuters ... Now China is framing rules https://www.reuters.com/technology/china-plans-ban-us-ipos-data-heavy-tech-firms-wsj-2021-08-27 to ban internet firms whose data is ... ( read original story ...)
Why Alcoa Stock Is Soaring This Week and May Not Stop
Shares of aluminum giant Alcoa ( NYSE:AA) are racing higher and are up 9.8% so far this week, as of early Friday. It's a stunning recovery after the stock's steep 16.7% decline just over a week ago. ( read original story ...)
Lawyers Move to Calm Fears Following China Probe That Halted Over 40 IPOs
On Monday, a regulatory probe by the China Securities Regulatory Commission (CSRC) into one Chinese law firm and three brokers froze over 40 IPO plans in Shenzhen and Shanghai. Now, lawyers on the ... ( read original story ...)
China plans to ban overseas IPOs for tech firms with data security risks -source
China is framing rules to ban internet companies whose data poses potential security risks from listing outside the country, including in the United States, according to a person familiar with the ... ( read original story ...)
China plans to ban U.S. IPOs for tech firms with data security risks -source
Beijing said last month it planned to strengthen supervision of all firms listed offshore, a sweeping regulatory shift that came after a cybersecurity investigation into ride-hailing giant Didi ... ( read original story ...)
China policy and markets round-up: Shanghai eyes global financial hub status
Pension and healthcare companies are being encouraged to finance their businesses through IPOs and the issuance of bonds and securitization. Shanghai also wants to attract foreign banks, securities ... ( read original story ...)
China Cbank Makes Biggest Weekly Cash Injection Into Banking System Since Feb
China's central bank increased its short-term fund injection this week by offering the most cash on a net basis in nearly seven months to meet higher cash demand towards the month-end. The People's ... ( read original story ...)