Dada Nexus (DADA) has filed to raise $264 million from the sale of ADSs representing underlying ordinary shares, per an amended F-1/A registration statement. The company provides grocery and food ... ( read original story ...)
Man Utd star Ighalo won’t even be in top 10 best paid footballers in world when he signs £400k-a-week Shanghai contract
ODION IGHALO still won’t be in the top ten highest-paid footballers when he eventually signs a stunning £400,000-a-week contract at Shanghai Shenhua. The on-loan Manchester United striker ... ( read original story ...)
Shanghai Industrial Urban Development Group Limited (HKG:563) Looks Like A Good Stock, And It’s Going Ex-Dividend Soon
Shanghai Industrial Urban Development Group Limited (HKG:563) stock is about to trade ex-dividend in 4 days time. Ex-dividend means that investors that purchase the stock on or after the 25th of May ... ( read original story ...)
China Market Update: The “More Bark Than Bite” Rally
NetEase’s Hong Kong listing appears to be imminent with the company issuing 171mm new shares at a sale price of HKD 126 according to Bloomberg. ( read original story ...)
Greenland Group Sells Bund Centre Tower to Bank of Shanghai for RMB 4.9B
A JV between Greenland Group and the Shanghai government has agreed to sell a commercial tower in its RMB 100 bil Greenland Bund Centre to Bank of Shanghai. ( read original story ...)
Chinese delivery platform Dada Nexus sets terms for $264 million US IPO
Dada Nexus, a leading on-demand retail and delivery platform in China, announced terms for its IPO on Monday. The Shanghai, China-based company plans to raise $264 million by offering 16.5 million ... ( read original story ...)
Chinese chip-maker SMIC aims to raise $2.8 billion via Shanghai listing: prospectus
Hong Kong-listed chip-maker Semiconductor Manufacturing International Corp aims to raise about 20 billion yuan ($2.8 billion) selling shares publicly in Shanghai, the company said in a ... ( read original story ...)