SHANGHAI: Five major Chinese companies including two of the country’s largest oil producers will delist from the New York Stock Exchange, the firms said in filings on Friday. ( read original story ...)
China’s Third-Biggest IPO of the Year Surges in Trading Debut
Shares of Hygon Information Technology Co., a maker and distributor of computer components, surged in their Shanghai debut, making them this year’s second-best opening performance among large listings ... ( read original story ...)
China’s third-biggest IPO of the year doubles in trading debut
Shares of a manufacturer and distributer of computer components doubled in their Shanghai debut on Friday (Aug 12), heading for the second-biggest first day pop among large listings in China this year ... ( read original story ...)
Shanghai finds first Covid cases in week; Hainan stays elevated
Shanghai found its first Covid-19 cases in a week as outbreaks continue to flare around the country, while the resort island of Hainan fell short in its effort to stop transmission by Friday (Aug 12) ... ( read original story ...)
Hongene Biotech Seeks Pre-IPO Funds at $6 Billion Value
Hongene Biotech Corp. is weighing a new funding round that could value the Chinese synthesis blocks and enzymes maker at about $6 billion, people familiar with the matter said. ( read original story ...)
China Tourism Group Duty Free gets approval for IPO, targets biggest Hong Kong listing this year at US$2.7 billion
The company's flotation has received approval from the Hong Kong stock exchange's listing committee The company's mainland shares have dropped this week as Covid-19 restrictions hit the duty-free ... ( read original story ...)
Consolidation Expected For China Stock Market
The China stock market has climbed higher in four straight sessions, gathering almost 85 points or 2.6 percent along the way. The Shanghai Composite Index now rests just above the 3,245-point plateau ... ( read original story ...)