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 ...)
Hong Kong and Shenzhen stocks surge more than 3% as China’s May factory activity expands
Stocks in Asia Pacific were higher on Monday as data releases showed China's factory activity expanding in May. ( read original story ...)
Why Virgin Atlantic’s Chief Commercial Officer Is Optimistic About The Future
Virgin Atlantic is looking for investors as it seeks to maintain liquidity in the midst of the COVID-19 crisis and a drastic downturn in demand. But Virgin Atlantic’s CCO Juha Jarvinen is positive ... ( read original story ...)
Semiconductor Manufacturing International plans China IPO – prospectus
Hong Kong-listed chip-maker Semiconductor Manufacturing International Corp aims to raise about 20 billion yuan ($2.80 billion) selling shares in Shanghai, the company said in a prospectus on Monday. ( read original story ...)