Stymied by poor market sentiment, only 3.18 million investors subscribed online for Altenergy Power System’s initial public offering on Shanghai’s Star Market, the lowest number since the Nasdaq-like ... ( read original story ...)
Ant Group-backed smart vending machine start-up Ubox seeks Hong Kong IPO after failing to list in A-shares market
Beijing Ubox Online Technology Corp, which posted over US$204 million in losses over the past two years, had been working for more than four years to list on the A-shares market, but withdrew its IPO ... ( read original story ...)
Shanghai ends lockdown: stock market wavers as traffic and commuters return in China’s commercial hub after two-month hiatus
New infections fell for the 11th day to 15, while five cases showed symptoms, and no death was reported for the fifth day SCMP's Shanghai reporters will provide on-the-ground coverage of the formal ... ( read original story ...)
China’s EV maker WM Motor said to weigh US$1b Hong Kong IPO: sources
CHINESE electric vehicle manufacturer WM Motor Holdings is considering raising about US$1 billion in a Hong Kong initial public offering (IPO), according to people familiar with the matter. Read more ... ( read original story ...)
Is a recovery in sight as Shanghai ends a two-month lockdown?
Some celebration rang out in Shanghai on Wednesday morning as the city of 25M people ended a more than two-month lockdown that was originally supposed to last nine days ... ( read original story ...)
Shanghai is finally ‘reopening,’ but the trauma of lockdown lives on
By Nectar Gan, CNN The skyscrapers lit up, roads filled with traffic, and young people drank and danced in the streets as fireworks boomed overhead. Shanghai celebrated Wednesday with a long-awaited ... ( read original story ...)
Plenty of hurdles ahead for Shanghai as restrictions eased
The vast majority of Shanghai’s 26m citizens ventured outside today, some to a park, others to see families, and many back to workplaces where dust had been gathering from the extended lockdown that ... ( read original story ...)