China offers to buy 5% of Saudi Aramco directly – sources

China is creating a consortium made up of state-owned oil firms, banks and its sovereign wealth fund to act as a cornerstone investor in the IPO, people with knowledge of the discussions told Reuters in April. Sources told Reuters on Friday that Saudi ... ( read original story ...)

China is offering to buy up to 5% of Saudi Aramco directly

China is creating a consortium made up of state-owned oil firms, banks and its sovereign wealth fund to act as a cornerstone investor in the IPO, people with knowledge of the discussions told Reuters in April. Sources told Reuters on Friday that Saudi ... ( read original story ...)

China’s major mobile search engine Sogou files for IPO

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 eyes IPO in the US

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 ...)

Qingdao Port looks to raise $1.28bn from Shanghai IPO

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 ...)