Category: BUSINESS

Sogou Inc, one of China's leading search engines and a major competitor of Baidu, filed documents on Friday with the U.S. Securities and Exchange Commission (SEC) for IPO. The proposed IPO aims to raise up to 600 million U.S. dollars, the prospectus showed ... ( read original story ...)

PPDAI's IPO application comes after online credit firms Hexindai Inc ... while PPDAI has stakeholders like Sequoia Capital, Lightspeed China Partners and Legend Capital. ( read original story ...)

The IPO is still waiting for final approval from China Securities Regulatory Commission. Following the IPO, Qingdao Port will be listed on both SSE and Hong Kong Stock Exchange (HKSE). In January, Cosco Shipping Ports increased its shareholding in Qingdao ... ( read original story ...)

Other data on Thursday is expected to reinforce the view that China is still in high gear, with growth in industrial output and retail sales seen accelerating while fixed investment may hold at a roughly steady pace. Private business surveys, however ... ( read original story ...)

There were four initial public offerings (IPOs) on the calendar last week and all four succeeded in gaining access to the public markets. The total amount raised was $347.2 million and the average first-day pop was 45%. Five IPOs are on the coming week’s ... ( read original story ...)

Partly as a result, China advanced to 78th place in the World Bank’s “ease of doing business” index this year, up from 93rd a decade ago. The trouble is, nearly everything else Mr. Xi is doing suggests a deep-rooted distrust of powerful private firms. ( read original story ...)

Saudi Arabia's giant oil company, Aramco, still plans to sell shares in the business, but it could sell private stakes and may list at home instead of New York or London, according to a Financial Times story. Private sales to foreign governments and ... ( read original story ...)

and we believe that insiders and pre-IPO shareholders will be eager to cash in on gains. October 25, 2017, concludes the 180-day lockup period on China Rapid Finance Limited (NYSE:XRF). When the lockup period ends for XRF, its pre-IPO shareholders ... ( read original story ...)

Hong Kong's securities regulator has dropped a lawsuit against Standard Chartered Plc (>> Standard Chartered) and UBS Group AG (>> UBS Group) over their roles in the 2009 IPO of timber company China Forestry Holdings Co Ltd, two people with knowledge of ... ( read original story ...)

The China-based company said it intends to list American depository shares on the New York Stock Exchange under the ticker symbol "PPDF." It has been rumored to be going public for some time, with The Wall Street Journal reporting it was formulating plans ... ( read original story ...)