The Federal Reserve’s unparalleled stimulus risks plunging the world into financial crisis, according to the chairman of China’s banking watchdog, who also warned that bad debts at Chinese financial ... ( read original story ...)
Every major Asian market has a Nasdaq-wannabe. Can Hong Kong or Shanghai tech boards close the gap?
The Nasdaq has many advantages over the tech boards in Hong Kong, Shanghai, Tokyo and Seoul. These advantages include America’s appeal to global investors and the Silicon Valley network. ( read original story ...)
China approves 6 new IPO applications
China's top securities regulator has approved the initial public offering (IPO) applications of six companies. Shanghai Huafon Aluminium Corporation, Hangzhou Haoyue Industrial Co Ltd, Shanghai ... ( read original story ...)
Covid-19 vaccine hopefuls surge in stock market debuts
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 ...)
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 ...)