China Telecom Corp. rose as much as 9.8% in Hong Kong on Wednesday to its highest in a year, after announcing a plan for a second listing in Shanghai as it seeks a fresh financing channel. The plan ... ( read original story ...)
Zhihu IPO: China’s ‘giant online cafe’ struggles to find monetization model amid rapid growth
Tencent-backed Zhihu has ambitions to become much more than a Quora-like, text-based content platform as it prepares for an initial public offering in New York. ( read original story ...)
Gracell Biotechnologies Reports Fourth Quarter and Fiscal Year 2020 Unaudited Financial Results and Provides Corporate Update
FasTCAR-enabled dual-targeting BCMA/CD19 autologous CAR-T product candidate GC012F for the treatment of multiple myeloma and TruUCAR-enabled CD7-directed CAR-T product candidate GC027 for the ... ( read original story ...)
China Telecom unveils plan for Shanghai listing
Facing delisting from the New York Stock Exchange, China Telecom has announced plans to list up to 13% of its stock on the Shanghai main board. The company, along with China Unicom and China Mobile, ... ( read original story ...)
Abbisko, Chinese biotech firm to plan IPO which could raise $250 mln
Deliberations are at an early stage and details such as size and timing could change, the people said. A representative for the company didn’t immediately respond to requests for comment. ( read original story ...)
China Stock Market Tipped To Snap Losing Streak
The China stock market has moved lower in three straight sessions, surrendering more than 150 points or 4.5 percent in that span. The Shanghai Composite index now sits just above the 3,420-point ... ( read original story ...)
JD’s Fintech Arm Likely to Withdraw China IPO, SCMP Says
JD Technology, the fintech unit of Chinese e-commerce giant JD.com Inc., is likely to withdraw its application for an initial public offering on Shanghai’s technology-heavy Star Market, the South ... ( read original story ...)