China IPO Qudian Opens With a Bang

A Chinese consumer micor0-lender called Qudian (QU) jumped more than 30% Wednesday on its first day of trading in the United States. The shares were priced at $24, according to Reuters, and were recently trading at $30.94. Qudian's prospectus offered 37.5 ... ( read original story ...)

Qudian’s stock soars above IPO price on public debut

Shares of Beijing-based micro lender Qudian Inc. QD, +30.36% soared in their public debut Wednesday, enough to make them the biggest percentage gainer on the NYSE. Qudian said earlier that its IPO of 37.5 million American depositary shares priced at $24 ... ( read original story ...)

China’s Bona Poised to Raise $215 Million Through Local IPO

Chinese film producer and distributor, Bona Film Group is poised to raise $215 million through an initial public offering on one of China’s stock markets. The company is expected to be valued at upwards of $2.4 million, according to Chinese news agency CGTN. ( read original story ...)

China’s Xi pledges to build ‘modern socialist country’

Xi's wide-ranging speech kicked off the twice-a-decade congress, a week-long, mostly closed-door conclave that will culminate with the selection of a new Politburo Standing Committee that will rule China's 1.4 billion people for the next five years. ( read original story ...)

Administration does not brand China currency manipulator

WASHINGTON — The Trump administration on Tuesday once again declined to label China a currency manipulator, even though Donald Trump repeatedly pledged during last year's presidential campaign that he would do so as soon as he took office. Instead, the ... ( read original story ...)