SHANGHAI: China’s current interest rates are “reasonable” and provide room for future policy action, the People’s Bank of China (PBoC) says, adding to expectations it may resume lowering rates in ... ( read original story ...)
Lepu ScienTech Revives IPO After Policy Move Brightens Its Prospects
After taking its Lepu Biopharma unit public in February, Lepu Medical is pressing ahead with a third attempt at listing is Lepu ScienTech unit in Hong Kong ... ( read original story ...)
End of Hong Kong quarantines a catalyst for stock rebound after US$1.2 trillion market rout, analysts say
Money manager Invesco and China Construction Bank’s investment banking unit predict a ‘meaningful’ and ‘sustainable’ recovery for the Hang Seng Index, which has tumbled 21 per cent this year. ( read original story ...)
China’s PBC injects 21b yuan into market through reverse repos to ensure stable liquidity
The People's Bank of China (PBC), the country's central bank, on Wednesday conducted reverse repurchase operations to inject a total of 21 billion yuan ($2.98 billion) into the market, in a bid to ... ( read original story ...)
Instacart plans to fund its $24bn IPO by selling employee shares
Grocery delivery app Instacart doesn’t intend to raise much capital through new shares when it goes public. Instead it will focus on selling employee shares. Instacart slashed its valuation by 40% to ... ( read original story ...)
AgiiPlus Begins U.S. IPO Rollout Plan
AgiiPlus has filed to raise expansion capital in a U.S. IPO. The stock has produced revenue growth, but continued high operating losses. Click here to read more. ( read original story ...)
Chinese EV maker Leapmotor to price Hong Kong IPO, aims to raise up to US$1 billion while braving shaky market
Zhejiang Leapmotor revealed cornerstone investors for its Hong Kong listing, but faces a less confident market than the three Chinese EV makers that preceded it. ( read original story ...)