according to its IPO prospectus. Two ADSs represent one Class A ordinary share. BNP Paribas and Jefferies are underwriting the stock, which will be listed on the Nasdaq. The Beijing-based issuer is Asia’s largest ……
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The financing that fuels China’s consumption: Qudian files for a $750 million US IPO
The Beijing, China-based company was founded in 2014 and booked … The article The financing that fuels China’s consumption: Qudian files for a $750 million US IPO originally appeared on IPO investment manager Renaissance Capital’s…
Tencent launches ad suite for US brands looking to reach Chinese consumers
The suite provides brands with the opportunity to increase sales among Chinese consumers by engaging them both in China and abroad in places like Tencent’s massively popular messaging app WeChat. In addition to the offerings,…
China online insurer ZhongAn prices Hong Kong IPO at top end, raises $1.5 billion – IFR
ZhongAn Online Property & Casualty Insurance Co 6060.HK> priced its IPO at the top of an indicated range, raising $1.5 billion(1.10 billion pounds) in Hong Kong’s biggest ever financial technology stock offering, IFR reported on…
Shanghai May Beat Hong Kong in IPO Fundraising
had ranked first for the last two years by amount of money raised through IPOs. Last year, its largest listing was the Postal Savings Bank of China, which raised HK$57.6 billion during the third quarter.…
Chinese online insurer ZhongAn raises $1.5bn in IPO
ZhongAn Online Property & Casualty Insurance’s IPO priced at the top of its range at HK$59.70 per share, according to people familiar with the deal. ZhongAn is backed by some of China’s largest online financial…
China’s insurtech ZhongAn raises $1.5bn in IPO
Internet-only insurer ZhongAn Online Property & Casualty Insurance priced its initial public offering (IPO) at the top of an indicated range, raising $1.5 billion in Hong Kong, Reuters reported on Sept. 22. ZhongAn was founded…
5 Things to Know About China’s Crackdown on Initial Coin Offerings
Unlike initial public offerings (IPOs), which require auditing and regulatory reviews … such as goods and services offered by the issuer. How popular were ICOs in China before the government crackdown? More than 100,000 investors…
The world’s first ever insurtech IPO has raised $1.5bn
It was also the biggest Hong Kong IPO since last year’s $1.9bn listing of pharma group China Resources. This also made ZhongAn’s listing the biggest financial technology offering in the Hong Kong market’s history. Read…
Hong Kong to rank third in 2017 IPO fund raising: Deloitte
Standard & Poor’s on Friday (Sep 22) slashed Hong Kong’s top-notch credit rating, a day after lowering China’s, warning of potential spillover risks the mainland’s ballooning debt pile. Hong Kong’s Initial Public Offering (IPO) market…
UK-China IP symposium highlights importance of innovation
Following on from this successful symposium, UK IPO Chief Executive Tim Moss will visit China later in the Autumn as part of continued engagement with his Chinese counterparts. ( read original story …)
REPORT: China tells its banks to stop doing business with North Korea
Zhou Xiaochuan, the governor of the People’s Bank of China. Jacky Naegelen/Reuters China reportedly told its banks to stop doing business with North Korea. The People’s Bank of China, the country’s central bank, told banks…
Bitcoin enthusiasts have figured out a way to get around a China trading ban
On Thursday, The Wall Street Journal’s Steven Russolillo and Chuin-Wei Yap reported that bitcoin traders can still exchange their coins via messaging apps such as WeChat, the largest in China with over 900 million users.…
