The telecommunications company set the price for its Shanghai IPO at Rmb4.53, after a two day preliminary price consultation process with institutional investors, the company said on Friday morning. ( read original story ...)
China Telecom, Exiled From U.S., Prices $7 Billion-Plus Shanghai Offering
The stock offering by China Telecom would be the world’s biggest new listing in more than a year, Dealogic data shows—highlighting the huge sums that Chinese corporate champions can access by tapping ... ( read original story ...)
Cargo Ship Crashes Into Bank of Shanghai’s Huangpu River
In scenes reminiscent of the recent Suez Canal debacle, a cargo ship crashed into the bank of the Huangpu river on Thursday, reports Shine. The ship, sailing from Zhangzhou in southeastern Fujian ... ( read original story ...)
China Telecom seeks to raise more than $7 billion in Shanghai offering
China Telecom Corp. is seeking to raise more than $7 billion via a share offering in Shanghai, which if successful will be the biggest such fundraising ... ( read original story ...)
Guangdong Fangyuan Environment’s IPO to debut on SSE STAR Market
Guangdong Fangyuan Environment (688148) to start trading on the Shanghai Stock Exchange's STAR Market Aug 6, tomorrow. The firm has issued 80.00 mln shares priced at RMB 4.58 per share raising RMB 366 ... ( read original story ...)
Nisun International Signs Agreement to Receive Bank Credit Support from China Everbright Bank
Nisun International Enterprise Development Group Co., Ltd (“Nisun” or the “Company”) (Nasdaq: NISN), a provider of innovative comprehensive solutions through an integration of technology, industry, ... ( read original story ...)
Shanghai, Suzhou integrate digital yuan testing
Another round of digital yuan testing will be conducted in Shanghai and Suzhou in East China's Jiangsu Province with more "red packets" containing digital yuan being distributed, marking the first ... ( read original story ...)