Carmaker raised its IPO size by 20 per cent to accommodate demand from investors, sources said Zeekr's IPO is the largest by a Chinese company in the US since Full Truck Alliance raised US$1.6 billion ... ( read original story ...)
With onsite inspections, China dials up scrutiny of local IPO hopefuls
Chinese regulators are scrutinising old business deals and even the personal bank accounts of senior executives as they ramp up inspections of IPO hopefuls to slow the pace of fresh capital raisings ... ( read original story ...)
Chinese EV Company Zeekr Raises $441 Million In Upsized U.S. IPO
Zeekr’s IPO comes as foreign investors start to take profit and retreat from markets like Japan and become more interested in China due to the country’s economic recovery. But Zeekr faces challenges, ... ( read original story ...)
Stock market today: Asian shares trade higher after Wall St rally takes S&P 500 near record
Stocks in Asia are trading higher after a rally on Wall Street that pulled the S&P 500 back within 1% of its record ... ( read original story ...)
5 Reasons China’s Recent Stock Market Rally Is Fundamentally Different
So far, 2024 has been a dynamic year for China’s equity markets. In January, a derivative-induced meltdown sent Chinese stocks lower on the Shanghai and Shenzhen Stock Exchanges, spilling over to Hong ... ( read original story ...)
Will Gilead Sciences Stock Recover To Its Pre-Inflation Shock Highs Of Around $75?
GILD stock was trading at around $62 in early June 2022, just before the Fed started increasing rates, and is still close to that level, compared to a substantial 37% ... ( read original story ...)
SP Group announces large deal with CMB Financial Leasing
SP Group, an energy solution provider headquartered in Singapore, announced on Wednesday an 8 billion yuan ($1.1 billion) deal with China's CMB Financial Leasing Co Ltd via SP's wholly-owned ... ( read original story ...)