Just months after bankers celebrated a record haul from taking Chinese companies public in New York and Hong Kong, deals are being shelved and investors are nursing heavy losses. ( read original story ...)
Wuhan Citms Technology’s IPO to debut on SSE STAR Market
Wuhan Citms Technology (688038) to start trading on the Shanghai Stock Exchange's STAR Market Jul 13, tomorrow. The firm has issued 29.09 mln shares priced at RMB 8.6 per share raising RMB 250.2 mln. ( read original story ...)
Hunan Warrant Pharmaceutical’s IPO to debut on SSE STAR Market
Hunan Warrant Pharmaceutical (688799) to start trading on the Shanghai Stock Exchange's STAR Market Jul 13, tomorrow. The firm has issued 23.50 mln shares priced at RMB 30.82 per share raising RMB 724 ... ( read original story ...)
Hong Kong stocks rise as China’s central bank cuts banks’ reserve ratios to boost recovery from pandemic
Hong Kong stocks rose for a second day after China’s central bank cut the amount of money commercial lenders must set aside as reserves in an effort to sustain a recovery from the pandemic. The Hang ... ( read original story ...)
China widens clampdown on overseas listings with pre-IPO review of firms with large user data
China's cyberspace regulator said on Saturday any company with data for more than 1 million users must undergo a security review before listing its shares overseas, broadening a clampdown on its large ... ( read original story ...)
China’s Regulatory Crackdown Could Chill US-Bound IPOs
China's regulatory crackdown on the data security policies of companies listing abroad could make more initial public offering prospects think twice before raising capital in the United States, ... ( read original story ...)
Xi and Washington’s China hawks unite against Chinese tech IPOs in US
President Xi Jinping is finally addressing what his administration has long seen as a nagging national security risk and a glaring weakness in China’s capital markets — their inability to attract the ... ( read original story ...)