The move would not augur well for the Asian financial hub as it may make it more challenging for Chinese firms looking for a venue closer to home amid tighter checks in the US. ( read original story ...)
China’s Ximalaya to file for Hong Kong IPO next week -sources
China's largest online audio platform Ximalaya will file for its Hong Kong initial public offering (IPO) next week after dropping its plans to list in the United States, according to three sources ... ( read original story ...)
Podcasting platform Ximalaya shelves planned US IPO as Beijing tech crackdown continues
Ximalaya has scrapped its US initial public offering plans after Beijing implemented new rules to review overseas listings by firms that hold personal data of more than 1 million Chinese people. ( read original story ...)
Kunshan Guoli Electronic Technology debuts on SSE STAR Market, rose 516%
Kunshan Guoli Electronic Technology (688103) opened at RMB 62 on its first day trading on the Shanghai Stock Exchange's STAR Market, an increase of 415% from its IPO price of RMB 12.04. ( read original story ...)
Shanghai lands among world’s top 10 asset management centers
Shanghai ranked eighth among the top 30 global asset management centers with a grade of 83.7 points, according to the 2021 Global Asset Management Center Evaluation Index, which was released by the ... ( read original story ...)
METALS-Shanghai nickel hits record high on low inventories, solid demand
Nickel prices leaped to a record high in Shanghai and surpassed a seven-year high in London on Friday on upbeat demand and dwindling inventories. Sept 10 (Reuters) - Nickel prices leaped to a record ... ( read original story ...)
China’s Shanghai Composite set to close at highest in six years
SHANGHAI: Chinese stocks briefly surpassed a February peak, as a phone call between U.S. and Chinese leaders added to investor optimism that’s also been bolstered by hopes on steps to boost economic ... ( read original story ...)