BEIJING WANTAI BIOLOGICAL PHARMACY ENTERPRISE CO LTD * SAYS IT AIMS TO RAISE UP TO 381.5 MILLION YUAN ($54.11 million) IN INITIAL SHANGHAI SHARE OFFERING Sour … ( read original story …)
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WiMi’s IPO: The Future of AR in China looks good
WiMi Hologram Cloud Inc. (NASDAQ:WIMI) a Chinese producer of augmented reality (AR) content for advertisers and entertainers, has released further details about its planned IPO. The company had … ( read original story …)
China to maintain steady IPO issuance
[Photo by Qu Xing/For China Daily] BEIJING – China will maintain a generally steady pace in greenlighting the applications of initial public offerings (IPOs) on the basis of ensuring stable market … ( read original…
ANALYSIS-China’s ‘mini-IPO’ reform takes on new virus urgency
One unforeseen outcome from the coronavirus outbreak in China is that it is speeding up capital market reform even as economic activity is gummed up by restrictions to contain its spread. Beijing is … (…
China approves 5 new IPO applications
China’s top securities watchdog has approved the initial public offering (IPO) applications of five companies. Xiangyang Changyuandonggu Industry Co., Ltd., Three’s Company Media Group Co., Ltd., … ( read original story …)
Alibaba-Backed AI Startup Sales Triple Enroute to IPO
Megvii Technology Ltd. for the first time revealed the stunning growth fueled by a nation’s obsession with security.The Alibaba Group Holding Ltd.-backed startup tripled revenue to 949 million yuan … ( read original story …)
U.S. Blacklist Hurt China AI Giant’s Sales Ahead of IPO Attempt
Megvii, backed also by Alipay-operator Ant Financial, Lenovo Group Ltd. and China Mobile Ltd., this year allowed its application for a Hong Kong IPO to lapse, throwing its future plans into question. ( read original…
Citi Replaces Credit Suisse on WeDoctor IPO Role
Citigroup Inc. has been picked for a top role on WeDoctor’s Hong Kong initial public offering, replacing Credit Suisse Group AG, according to people with knowledge of the matter. ( read original story …)
China probes alleged fraud at Luckin Coffee, banks review IPO work
“It will affect potential U.S. IPOs from China. China’s economy is not doing well already and with Luckin’s scandal these companies will face much tighter scrutiny for going public,” said … ( read original story…
Renault withdraws from Dongfeng venture, its main China business, as sales slump
Renault SA said on Tuesday it is pulling out of a loss-making business with Dongfeng Motor Group due to poor sales, becoming only the second global automaker to exit a major venture in China in…
China is back to business, but these five questions need an answer
The world is still struggling with a crisis that was originated in China and it needs a lot of answers from the Asian giant … ( read original story …)
Five-step plan for reopening business is put to the test in China
Companies are anxious to resume production after coronavirus shutdowns. A blueprint is emerging, but it’s easier said than done. ( read original story …)
Shenzhen International: Logistics Infrastructure Conglomerate Facing Multiple Headwinds
Shenzhen International’s toll road business and its share price could see a near-term boost when the current exemption of toll fees on roads is eventually lifte … ( read original story …)
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