Initial public offerings in Hong Kong are set to roar back next week with the launch of two multi-billion dollar deals. ( read original story …)
BUSINESS
Hong Kong reins back local dollar amid hot money influx ahead of city’s blockbuster IPOs, allaying concerns of capital flight
Hong Kong’s monetary authority stepped into the financial market to rein back the local currency, which had been pushed over the top end of its trading band against the US dollar by the influx of…
CBEEX, WeBank and Green Inclusive jointly introduce Blockchain into Green Mobility Inclusive Platform
WeBank and Green Inclusive jointly announced that they will carry out technical cooperation for the development of the Green Mobility Inclusive Platform using blockchain. The three parties signed a Gr … ( read original story…
China May exports seen tumbling as coronavirus hits demand; imports fall: Reuters poll
China’s exports likely tumbled in May after a surprising rebound the previous month as global coronavirus lockdowns continued to devastate demand, but imports showed some signs of improvement as … ( read original story …)
IPO Update: UTime Proposes Terms For Small U.S. IPO
UTime has filed proposed terms for a $17 million U.S. IPO. The firm manufactures low cost mobile phones and accessories. UTME has produced contracting revenue a … ( read original story …)
EXCLUSIVE-China’s Dada set to upsize its U.S. IPO amid strong demand -sources
China’s online grocery firm Dada Nexus Ltd DADA.O is looking to increase the size of its U.S. initial public offering (IPO) by more than a quarter, people familiar with the matter said on Thursday, as…
Adidas: Business in China Is Bouncing Back Quicker Than Expected
Adidas’ rebound in China is happening at a quicker pace than anticipated. The Germany-based sportswear giant announced today that its sales in Greater China — its first major market “on the road to … (…
Exclusive: China’s Dada expects to price upsized U.S. IPO in middle of target – sources
Chinese online grocery firm Dada Nexus Ltd expects to price its U.S. initial public offering (IPO) at the mid-point of its targeted range and sell more stock than originally planned, according to … ( read…
Chinese peer-to-peer platform Global Internet of People ups share offering ahead of $28 million US IPO
The article Chinese peer-to-peer platform Global Internet of People ups share offering ahead of $28 million US IPO originally appeared on IPO investment manager Renaissance Capital’s web site … ( read original story …)
Chinese trucking company MingZhu Logistics decreases range ahead of $12 million US IPO
MingZhu Logistics Holdings, which provides trucking and logistics services in China, lowered the range for its upcoming IPO on Thursday. The Guangdong, China-based company now plans to raise $12 … ( read original story …)
IPO Launch: UTime Seeks $17 Million U.S. IPO
UTime (UTME) intends to raise $17 million in an IPO of its common stock, per an amended registration statement. The company is a manufacturer of lower cost mobile phones and related accessories for … (…
Liquor distiller briefly breaks banks’ stranglehold on China’s market-cap crown
Baijiu producer Kweichow Moutai swipes crown on an intraday basis on Tuesday as the most valuable company in China. ( read original story …)
Huobi University Looks to Partner with Experts To Reboot Global Blockchain Leadership Program After Covid-19 Pandemic
LONDON, June 4, 2020 /PRNewswire/ — Huobi University, the blockchain education arm of Huobi China is looking to partner with blockchain experts across the world to reboot the Global Blockchain … ( read original story…
