China’s top securities watchdog has approved the initial public offering (IPO) applications of five companies. Xiangyang Changyuandonggu Industry Co., Ltd., Three’s Company Media Group Co., Ltd., … ( read original story …)
Monthly Archives For April 2020
U.S. Blacklist Hurt China AI Giant’s Sales Ahead of IPO Attempt
Megvii, backed also by Alipay-operator Ant Financial, Lenovo Group Ltd. and China Mobile Ltd., this year allowed its application for a Hong Kong IPO to lapse, throwing its future plans into question. ( read original…
Alibaba-Backed AI Startup Sales Triple Enroute to IPO
Megvii Technology Ltd. for the first time revealed the stunning growth fueled by a nation’s obsession with security.The Alibaba Group Holding Ltd.-backed startup tripled revenue to 949 million yuan … ( read original story …)
Citi Replaces Credit Suisse on WeDoctor IPO Role
Citigroup Inc. has been picked for a top role on WeDoctor’s Hong Kong initial public offering, replacing Credit Suisse Group AG, according to people with knowledge of the matter. ( read original story …)
China probes alleged fraud at Luckin Coffee, banks review IPO work
“It will affect potential U.S. IPOs from China. China’s economy is not doing well already and with Luckin’s scandal these companies will face much tighter scrutiny for going public,” said … ( read original story…
Renault withdraws from Dongfeng venture, its main China business, as sales slump
Renault SA said on Tuesday it is pulling out of a loss-making business with Dongfeng Motor Group due to poor sales, becoming only the second global automaker to exit a major venture in China in…
China is back to business, but these five questions need an answer
The world is still struggling with a crisis that was originated in China and it needs a lot of answers from the Asian giant … ( read original story …)
Five-step plan for reopening business is put to the test in China
Companies are anxious to resume production after coronavirus shutdowns. A blueprint is emerging, but it’s easier said than done. ( read original story …)
Shenzhen International: Logistics Infrastructure Conglomerate Facing Multiple Headwinds
Shenzhen International’s toll road business and its share price could see a near-term boost when the current exemption of toll fees on roads is eventually lifte … ( read original story …)
Do You Know What Shenzhen International Holdings Limited’s (HKG:152) P/E Ratio Means?
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We’ll apply a basic … ( read original story …)
Shenzhen becomes first Chinese city to ban consumption of cats and dogs
Shenzhen, in southeastern China, has become the first city in the country to ban the consumption of cats and dogs, the government announced Thursday. ( read original story …)
Shenzhen Sipotek Technology Co., Ltd., celebrates 18 years of specialization in machine vision inspection system
Shenzhen Sipotek Technology Co., Ltd., celebrates 18 years of specialization in machine vision inspection system with a focus on automated optical inspection machine, automatic visual inspection … ( read original story …)
Chinese City Shenzhen Bans Consumption Of Cat And Dog Meat After Coronavirus Outbreak
Chinese city Shenzhen on Wednesday prohibited people from consuming dog and cat meats after the novel coronavirus. China’s top legislature banned the trade and consumption of wi … ( read original story …)
