The Beijing-based company executed this year’s third-largest listing in the Asian country, where big offerings are flourishing despite a slump in traditional IPO venues.
Monthly Archives For August 2022
China poised to partially renew medium-term policy loans, keeping rate steady
China’s central bank is widely expected to partially roll over maturing medium-term policy loans on Monday, while keeping borrowing costs unchanged for the seventh month in a row, a Reuters survey …
China’s SMIC posts quarterly revenue surge but warns of some panic in chip sector
Chinese chip maker Semiconductor Manufacturing International Corp (SMIC) on Friday reported a 42% jump in second-quarter revenue but also said the sector was facing some “panic and uncertainty”. A …
Parts of China’s Hainan extend COVID lockdown, Lhasa in Tibet tightens curbs
A few cities in China’s tourism hub Hainan extended lockdowns on Friday, with some of the measures expected to last through the weekend, while Lhasa in Tibet also tightened restrictions, among the …
Analysis: China’s Taiwan military drills offer spying opportunity for U.S.
While China’s expanded drills surrounding Taiwan have marked an unprecedented military and political warning against outside interference over the island, they opened a window to gather intelligence …
China Bank Run Protests – Another Potential Tiananmen Square Massacre?
Nadeem_Walayat: 2.Why APPLE Could CRASH the Stock Market! – Nadeem_Walayat: 3.The Stocks Stealth BEAR Market – Nadeem_Walayat: …
China’s SMIC Warns of ‘Rapid Freeze’ as Smartphone Demand Skids
Semiconductor Manufacturing International Corp. warned that clients in sectors such as smartphones were freezing orders, underscoring how a downturn in consumer electronics demand is hurting the chip …
China’s opening-up ‘big tailwind’ for foreign financial institutions
“China’s bond market opening-up, together with simplified access for foreign bond issuers, has been a big tailwind for foreign institutions to expand their business,” Samuel Fischer, head of China …
China’s third-biggest IPO of the year doubles in trading debut
The stock soared as much as 105% to 73.80 yuan. Hygon’s offering raised 10.8 billion yuan ($1.6 billion) following the sale of 300 million shares at 36 yuan each. It’s the largest debut for the…
China Tourism’s duty free shop picks Hong Kong for US$2.5 billion IPO as the world’s largest travel retailer raises capital to expand
The world’s largest travel retailer aims to raise up to US$2.5 billion, making it the largest IPO in Hong Kong in 14 months The company will start its public offering from Monday to Thursday, to…
China’s largest chipmaker warns of rapid freeze as smartphone demand skids
China’s largest chipmaker reported revenue rose 42% to $1.9 billion in the second quarter, generally in line with expectations …
Why Germany won’t get tough on Beijing — even if it invades Taiwan
BERLIN — Germany’s Wagnerian foreign policy spectacle is moving east. Spoiler alert: It’s even worse than the original. For months, Berlin has frustrated (read enraged) many allies with its one step …
Beijing’s Economic Problems Complicate Its Designs on Taiwan
Is China going to invade Taiwan soon? Not likely. It would further push away needed foreign investors and crash its already fragile economy.
