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Tag: ipo

Posted on 24/06/2021

China Stock Market Due For Consolidation On Thursday

The China stock market has finished higher in three straight sessions, advancing more than 40 points or 1.2 percent along the way. ( read original story ...)

Posted on 24/06/2021

China urges banks, Alipay to crack down harder on cryptocurrencies

China's central bank said on Monday it had recently summoned some banks and payment firms, including China Construction Bank (601939.SS) and Alipay, urging them to crack down harder on cryptocurrency ... ( read original story ...)

Posted on 24/06/2021

Grocery Delivery Company Dingdong Pegs IPO Valuation At $6B

Chinese grocer Dingdong, which mainly delivers to big cities, is setting its sights on getting a $6 billion valuation when it goes public in the U.S. ( read original story ...)

Posted on 24/06/2021

Chinese grocery platforms Missfresh, Dingdong scale down US IPO fundraising targets amid investor concerns about growth outlook

Missfresh and Dingdong Maicai plan to raise over US$300 million each from their US stock offerings, lower than their initial targets of around US$500 million. ( read original story ...)

Posted on 23/06/2021

‘Millionaire Yang’ Was China’s First Stock-Trading Hero

Yang Huaiding, who started trading bonds and stocks before China had real exchanges, died at the age of 70. ( read original story ...)

Posted on 23/06/2021

XPeng stock jumps as Chinese Tesla rival reportedly gets approval for Hong Kong IPO

Xpeng’s American depositary receipts jumped more than 5% in U.S. premarket trading, following the reports on Wednesday. ( read original story ...)

Posted on 23/06/2021

NIO Stock Price and News: Shares drop off as ongoing tension causes China stocks to fall

Chinese companies saw red on Tuesday as the ongoing political tensions raised fear of regulatory concerns. Volkswagen reports sluggish demand for its EVs in China. NYSE:NIO shares seemed to drop off a ... ( read original story ...)

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