Chinese artificial intelligence company Yitu Technology is considering an initial public offering in Hong Kong after a tightening regulatory scrutiny stalled an earlier attempt to list in Shanghai, ... ( read original story ...)
China Telecom’s IPO to debut on Shanghai Stock Exchange
China Telecom (601728) to start trading on the Shanghai Stock Exchange's Main Board Aug 20, tomorrow. The firm has issued 11955.56 mln shares priced at RMB 4.53 per share raising RMB 54.16 bln. Its ... ( read original story ...)
GalaxyCore IPO Adds New China Tech Billionaire
GalaxyCore’s shares closed at 35.25 yuan, up 145% from their IPO price, leaving Zhao’s 42% stake worth 37 billion yuan, or $5.7 billion. Founded in 2003, GalaxyCore supplies sensors and display driver ... ( read original story ...)
Asian stock markets rebound after Wall St falls from record
Wall Street's benchmark S&P 500 index declined Tuesday from a record high after U.S. retail sales in July were weaker than expected. Investors watched for the Fed's release Wednesday of minutes from ... ( read original story ...)
Galaxycore debuts on SSE STAR Market, rose 145%
Galaxycore (688728) opened at RMB 40.99 on its first day trading on the Shanghai Stock Exchange's STAR Market, an increase of 185% from its IPO price of RMB 14.38. ( read original story ...)
Has the time come for Shanghai to become a world-class financial city?
The recent convergence of decisions and policies to upgrade Shanghai's international reputation make the goal of turning the Pearl of the Orient into a world-class financial city one step closer to ... ( read original story ...)
Shanghai Rural Commercial Bank’s IPO to debut on Shanghai Stock Exchange
Shanghai Rural Commercial Bank (601825) to start trading on the Shanghai Stock Exchange's Main Board Aug 19, tomorrow. The firm has issued 964.44 mln shares priced at RMB 8.9 per share raising RMB ... ( read original story ...)