Rohit Sipahimalani of Singapore's Temasek Holdings, a key investor in Ant Financial, discusses prospects for the firm's dual listing in Hong Kong and Shanghai. He predicts that investors will ascribe ... ( read original story ...)
Nongfu Spring’s founder briefly becomes China’s richest man, thanks to a huge stake in bottled water IPO
The public offering of a bottled water giant has propelled its founder into the ranks of the three richest people in China, thanks to an ownership structure that reflects some potential risks of ... ( read original story ...)
Hong Kong’s most overbought IPO Nongfu Spring gushes on debut, pushing founder to among China’s newly minted billionaires
Nongfu Spring has become a record-breaking IPO in Hong Kong after it locked up as much as HK$677 billion – about a third of Hong Kong’s daily cash in circulation – in capital from small investors. ( read original story ...)
China Normalizes As Its Stock Market Leads World
China is normalizing and moving into post-pandemic life. If the second SARS is anything like the first SARS, which lasted from November 2002 to July 2003, then a solid 8 months living with this new ... ( read original story ...)
Nongfu Springs IPO Pop Briefly Mints Bottled Water Entrepreneur As China’s Richest Man
Chinese businessman Zhong Shanshan had already done well for himself on the 2020 Forbes Billionaires List published in April. ( read original story ...)
There’s a ‘huge amount of money’ returning to China in the IPO space, investor says
As tensions mount between Washington and Beijing ahead of the U.S. presidential elections in November, Stonehorn Global Partners' Sam Le Cornu sees more Chinese firms returning home. ( read original story ...)
Jump in Hottest Hong Kong IPO Makes Founder China’s Second Richest
It was the hottest IPO in town. Now Nongfu Spring Co.’s stock surge is turning its founder into China’s second-richest person. ( read original story ...)