In the years since Alibaba's 2014 U.S. IPO, early-stage investing has drawn tens of billions of dollars into China with relatively little to show for it. ( read original story ...)
Chinese Driving School’s Stock Drops by Limit After Chairman’s Arrest
The arrest of Xu Xiong, who is also a director of the driving school and its actual controller, was approved by public prosecutors in Shanghai, his family told Yicai. His recent arrest may be related ... ( read original story ...)
China’s desperate stock traders keen for policy ‘bazooka’ to rouse US$10 trillion bear market from slumber
Many of mainland China's 220 million retail investors are not convinced the government's recent support measures are enough to ensure long-term recovery Sentiment has been shaky for some months, as expectations of a strong post-Covid economic recovery failed to materialise Software engineer Jacky Jia has been paying more attention than usual to his stocks ...
China’s tech, media and telecoms IPOs fall in first half of 2023, but new capital market policies and nation’s economic recovery to boost sector’s outlook: PwC report
There were 66 mainland TMT enterprises that went public in the first half of the year, down from 124 in the second half of 2022 Domestic exchanges were TMT firms' main IPO venues, with 39 per cent ... ( read original story ...)
China’s tech, media and telecoms IPOs fall in first half of 2023: PwC report
Domestic exchanges, according to PwC, remained the main listing destination for most of these TMT firms, with 39 per cent and 20 per cent of IPOs conducted in Shanghai’s Nasdaq-style Star Market and ... ( read original story ...)
Stock market today: Asian shares gain after data show China’s economy stabilizing in August
Asian shares are mostly higher after China reported that its slowing economy showed signs of stabilizing in August ... ( read original story ...)
Chinese Mainland TMT Firms’ IPO Fell in Number, Raised Amount in First Half, PwC Report Shows
Sixteen TMT companies got listed in Hong Kong and overseas in the first half of the year, raising around CNY4.1 billion, accounting for 5 percent of the total IPO proceeds in the period. ( read original story ...)