BABA stock is faltering because Beijing is targeting the company. That ups Alibaba’s risk profile in a big way. ( read original story …)
Tagged By business
Friday’s IPOs Are About to Start Trading. They Aren’t the Usual Biotech Players.
The latest offerings to hit the market are a Brazilian private-equity firm and a Chinese maker of e-cigarettes. ( read original story …)
Hong Kong Hits 30K Resistance Level, ByteDance Rival Kuaishou Prepares For IPO, Week In Review
Hong Kong stocks outperformed Mainland China this week, hitting the 30,000 resistance level, following a year of lackluster returns compared to the Mainland. ByteDance rival Kuaishou has locked in … ( read original story …)
China’s leading e-cigarette brand RLX Technology prices US IPO at $12, above the range
R LX Technology, a leading e-cigarette brand in China, raised $1.4 billion by offering 116.5 million ADSs at $12, above the range of $8 to $10. At pricing, the company commands a market value of…
Global chip shortage hits China’s bitcoin mining sector
A global chip shortage is choking the production of machines used to “mine” bitcoin, a sector dominated by China, sending prices of the computer equipment soaring as a surge in the cryptocurrency … ( read…
China’s Kuaishou and RLX raise IPO targets amid strong demand
Chinese companies seeking billions of dollars from initial public offerings in New York and Hong Kong are raising their fundraising targets amid uncertainty about whether U.S. President Joe Biden will … ( read original story…
15 Largest Global IPOs of All Time
In this article we are going to list the 15 largest global IPOs of all time. Click to skip ahead and jump to the 5 largest global IPOs of all time. ( read original story…
Blockchain in Agriculture and Food Supply Chain Market Current Situation And Growth Forecast 2021-2030 | SAP SE, Origintrail
Jan (WiredRelease via Comtex) — A consciously conceived and designed business intelligence report titled Global Blockchain in Agriculture and … ( read original story …)
Investing in China Isn’t Easy. Focusing on ESG Can Help.
Even as China is criticized for its social practices—including its treatment of the ethnic Uighur minority—it’s making rapid progress on its environmental actions. Here’s how to dodge the pitfalls. ( read original story …)
Chinese vaping group RLX set to raise $1.4bn in US IPO
China’s biggest e-cigarette maker is expected to raise $1.4bn in a US initial public offering as investors seek exposure to what is potentially the world’s largest vaping market. The New York Stock … ( read…
China finds coronavirus cluster in major chicken processing plant
China reported its first cluster of COVID-19 cases among workers in a meat processing plant, raising fears among local consumers who have until now mainly worried about the safety of imported foods. ( read original…
China drives luxury brands
The rapid recovery in the Chinese economy has boosted luxury goods brands Compagnie Financière Richemont SA’s sales for the three months to end December. Though overall sales were only up 5% to €4.18 … (…
UPDATE 2-Chinese vaping firm RLX raises $1.4 bln in U.S. IPO – sources
Chinese vaping firm RLX Technology Inc sold shares in its U.S. initial public offering (IPO) on Thursday at $12 a piece, above its target range, to raise $1.4 billion, according to three sources with ……
