At the midday break, the Shanghai Composite index was down 1.02 per cent at 3,481.45 points, while China's blue-chip CSI300 index was down 0.81 per cent. ( read original story ...)
Top consumption driver Shanghai records strongest growth
Shanghai witnessed the strongest consumption capacity across the country in 2020. The city's retail sales of consumer goods rose 0.5 percent to 1.59 trillion yuan, topping the 1.5 trillion yuan mark ... ( read original story ...)
Chinese IPOs underpriced by up to $200bn due to valuation limits
Initial public offerings in China have undervalued companies by up to $200bn over the past six years, academic research indicates, reflecting a struggle to price listings in the world’s second-biggest ... ( read original story ...)
Asia-Pacific Shares Mostly Higher; Slow China Services Sector Growth Caps Shanghai Index
The major Asia-Pacific stock indexes finished mixed but mostly higher on Wednesday after a majority of regional investors followed Wall Street’s positive lead. The lone loser was China which fell as a ... ( read original story ...)
The new monster tech IPO is a video app giving voice to China’s “silent majority”
Kuaishou's successful strategy of billing itself as a platform for ordinary users is going to make its founders extraordinarily rich. ( read original story ...)
Amer Group Receives IPO Approval
SHANGHAI–Chinese lingerie maker Amer Group received the official go-ahead for its initial public offering Wednesday from authorities. China’s Securities Regulatory Commission approved the ... ( read original story ...)
Shanghai Bourse Halts Vzoom IPO After Graft Claims Leveled at Startup’s Actual Controller
The Shanghai Stock Exchange has halted the review process for Vzoom Creditech’s application to raise USD40.1 million in an initial public offering following allegations of corruption and other illegal ... ( read original story ...)