Dada Nexus has filed to raise $100 million in a U.S. IPO, although the final figure will likely be higher. The firm operates an on-demand delivery service in Ch ... ( read original story ...)
China’s securities watchdog pledges to clean up financial markets
China's securities watchdog promised a series of measures to clean up its financial markets as well as reforming the way companies as Beijing looks to limit reputational damage from a number of ... ( read original story ...)
BRIEF-Shanghai Pharmaceuticals’ Affiliate To Receive Property Compensation Of 2.0 Bln Yuan
May 15 (Reuters) - Shanghai Pharmaceuticals Holding Co Ltd : * SAYS ITS AFFILIATE TO RECEIVE PROPERTY COMPENSATION OF 2.0 BILLION YUAN ($281.44 million) Source text in Chinese: bit.ly/2WzCFKc Further ... ( read original story ...)
China’s bond regulator warns Citic Securities, Industrial Bank over low fees
A bond market regulator in China warned Citic Securities and Industrial Bank on Friday against charging bond underwriting fees way below normal levels in the market, calling this "improper competitive ... ( read original story ...)
New Fund, New IPOs: The Era Of Successful China VC Investing Hasn’t Ended Here
The message on venture capital was sober: U.S.-owned VC investment into China plunged last year and competition has grown. “This golden era is over” for outsized returns there, Rhodium Partner Thilo ... ( read original story ...)
Shanghai passes new law calling for cooperation to protect Chinese sturgeon
Shanghai legislators passed a new law protecting Chinese sturgeon on Thursday, emphasizing regional cooperation and ordering an annual report of the status of the endangered ancient species indigenous ... ( read original story ...)
China c.bank surprises by keeping MLF rate steady, focus now on next week’s LPR
China's central bank unexpectedly kept the interest rate on its medium-term funding for financial institutions steady on Friday, even as authorities have stepped up the pace of monetary easing ... ( read original story ...)