The IPO isn’t cheap, but management’s financial results are impressive. Shanghai, China,-based Cango was founded in 2010 to develop an online new vehicle purchase system by connecting car dealers to c... ( read original story ...)
Pinduoduo Readies Plans For Monster U.S. IPO
Existing institutional investors intend to support the IPO valuation with significant purchases at the IPO price. The Shanghai-based company was founded in 2015 to offer a different and more social e- ... ( read original story ...)
China-Based Pinduoduo IPO Aims To Raise $1.5 Billion In An Active Week
The Pinduoduo IPO is expected to price July 25 and trade July 26 on the Nasdaq under the ticker PDD. The Shanghai-based company runs a popular e-commerce site it describes as "Costco meets Disneyland, ... ( read original story ...)
Stock downtrend sparks buybacks
Investors sit in front of an electronic stock board at a securities brokerage in Shanghai, June 9, 2017. [Photo/VCG] As the market caps of A-share companies have been low during the first half of this ... ( read original story ...)
City of Devils by Paul French — Shanghai surprise
In his new book City of Devils, Paul French, author of the prizewinning true crime Midnight in Peking, does for Old Shanghai what he previously did for Old Beijing: portrays a city through its histori... ( read original story ...)
Hermes Sees China Demand Undented by Shanghai Stock Decline
Hermes International is weathering a decline in China’s stock market, saying sales in the country are still ... The 13 percent drop in Shanghai’s CSI 300 Index this year isn’t fazing the maker of the ... ( read original story ...)
Shanghai Tours
These usually make up a best full day visit. If you have plenty of time, you may schedule another day to include the World Financial Center or Shanghai Tower to enjoy the amazing skyline of the city, ... ( read original story ...)