CureVac raised $245m in an initial public offering on Nasdaq to accelerate the development of its Covid-19 vaccine. The sale priced at the top of the range, at $16 per share, and the stock was around ... ( read original story ...)
China Market Update: July Industrial Production Reaffirms V-Shaped Recovery, Baidu & IQ Report Q2 Earnings, Week In Review
Tencent Music Entertainment TME (TME US) reported strong results that were above analyst expectations for Q2 on Tuesday. Revenues increased +17.5% to $981mm (RMB 6.93B) versus estimate RMB 6.871B as ... ( read original story ...)
China to Launch Digital Currency Pilot Program in Some Cities: MOFCOM
China's commerce ministry said on Friday it will launch a digital currency pilot program in some cities. These cities include those in the northern Chinese region of Beijing-Tianjin-Hebei, eastern ... ( read original story ...)
Companies line up to list on ChiNext on Aug 24 under new IPO rules
The first batch of companies registered for listing on Shenzhen's start-up board ChiNext under a revamped initial public offering (IPO) system will make their debuts on August 24, the Shenzhen Stock ... ( read original story ...)
Ant Group makes pre-listing filing in China for blockbuster IPO
Ant Group, the fintech arm of Chinese e-commerce company Alibaba Group Holding , has made a preparatory filing with China's securities regulator for its planned blockbuster initial public offering. ( read original story ...)
Alibaba’s Ant Group Makes Preparatory Filing in China for Giant IPO
Ant Group, the fintech arm of Chinese e-commerce company Alibaba Group Holding, has made a preparatory filing with China's securities regulator for its ... ( read original story ...)
Shanghai Index Erases Earlier Gains as Baidu Posts Tepid Forecast; iQiyi Says SEC Investigating Fraud
Shares of Chinese streaming service iQiyi plunged in after-hours trade in the U.S. after it announced the (SEC) has launched a probe into the company. ( read original story ...)