Hong Kong stocks rose for a second day after China’s central bank cut the amount of money commercial lenders must set aside as reserves in an effort to sustain a recovery from the pandemic. The Hang ... ( read original story ...)
China widens clampdown on overseas listings with pre-IPO review of firms with large user data
China's cyberspace regulator said on Saturday any company with data for more than 1 million users must undergo a security review before listing its shares overseas, broadening a clampdown on its large ... ( read original story ...)
China’s Regulatory Crackdown Could Chill US-Bound IPOs
China's regulatory crackdown on the data security policies of companies listing abroad could make more initial public offering prospects think twice before raising capital in the United States, ... ( read original story ...)
Xi and Washington’s China hawks unite against Chinese tech IPOs in US
President Xi Jinping is finally addressing what his administration has long seen as a nagging national security risk and a glaring weakness in China’s capital markets — their inability to attract the ... ( read original story ...)
Sentage IPO Prices at $5 a Share, Low End of Expected Range
By Robb M. Stewart Chinese financial-service provider Sentage Holdings Inc. will raise about $20 million after its U.S. initial public offering priced at ... ( read original story ...)
STAR Market Daily: STAR 50 falls 1.68%, RMB 56.9 bln traded
Shanghai Stock Exchange STAR 50 closed at 1,583.71 on Friday. The STAR Market recorded a total trading volume of 1 bln shares with a turnover value of RMB 56.9 bln, down 13.9% from yesterday. ( read original story ...)
Ningbo Shimao Energy’s IPO to debut on Shanghai Stock Exchange
Ningbo Shimao Energy (605028) to start trading on the Shanghai Stock Exchange's Main Board Jul 12, next Monday. The firm has issued 40.00 mln shares priced at RMB 14.18 per share raising RMB 567.2 mln ... ( read original story ...)