China Telecom Corp., the country’s second largest mobile operator, jumped 5.7% above its offer price as the world’s biggest listing so far this year debuted in Shanghai on Friday. Shares opened at ... ( read original story ...)
China Telecom surges in 2021’s biggest listing
It indicates enthusiasm in the markets for China's push to build the world's largest 5G networks.. Read more at straitstimes.com. ( read original story ...)
China Unicom to Spin Off Technology Unit in Listing Rush
The potential spinoff of China Unicom Smart Connection Technology Ltd. is still pending approval by the board and shareholders, the company said in a statement on Thursday. The time and size of the ... ( read original story ...)
China Mobile aims to raise US$8.6 billion in mainland’s biggest IPO for over a decade to finance 5G network expansion
The world’s largest wireless network operator, which listed in Hong Kong in 1997, is returning home to list in Shanghai after it was banished from the New York Stock Exchange in May under the orders ... ( read original story ...)
AI firm Yitu considers shifting initial public offering to Hong Kong as fundraising stalls on Shanghai Star market
China’s cash-starved AI firms, often burdened with heavy research and development expenses, are turning to public markets for funding even as Beijing’s scrutiny over tech IPOs increases. ( read original story ...)
Porotech teams with Chinese micro-LED display tech leader
University of Cambridge spin-out Porotech has unveiled its first partnership – with Jade Bird Display (JBD) in China, a leader in micro-LED display technology. Porotech will be providing ... ( read original story ...)
US stocks open lower, led by drops in health care, banks
Stocks are opening slightly lower on Wall Street Wednesday, a day after the S&P 500 had its biggest drop in four weeks and broke a five-day winning streak. Health care companies and banks were taking ... ( read original story ...)