China’s Shanghai Stock Exchange warned investors on Monday against colluding to suppress the price of initial public offerings on its Nasdaq-style market. ( read original story …)
Tagged By business
Three Sci-tech innovation IPOs in China approved
The initial public offering (IPO) of three companies on the science and technology innovation board has been approved by the securities regulator in China.Shanghai Taitan Scientific Co., Ltd., … ( read original story …)
Jack Ma’s Ant to Lift IPO Funding Target to $35 Billion
Jack Ma’s Ant Group is seeking to raise at least $35 billion in its initial public offering after assessing early investor interest, people familiar with the matter said, putting the Chinese fintech … ( read…
Small investors likely to steer clear of Star Market ETFs as bubble concerns grip China’s Nasdaq
Individual investors ignore the upcoming sales of ETFs linked to the Star Market 50 index as they are wary of the excessive valuation and wild swings. ( read original story …)
China releases details on its own blacklist, raising uncertainty for foreign businesses
We hope significant restraint is exercised in utilization of the list,” the U.S.-China Business Council said in a statement. “Companies increasingly feel squeezed between the US and Chinese … ( read original story …)
TikTok fact-checks: US IPO, Chinese ownership, $5B in taxes
There is no shortage of speculations and reports around TikTok’s future in the U.S. Amid a swirl of rumors, TikTok’s Chinese parent ByteDance issued a statement (in Chinese) on Monday morning, … ( read original…
Jack Ma’s Ant Is Said to Lift IPO Funding Target to $35 Billion
Jack Ma’s Ant Group is seeking to raise at least $35 billion in its initial public offering after assessing early investor interest, people familiar with the matter said, putting the Chinese fintech … ( read…
TikTok Global plans IPO, says ByteDance
TikTok Global will launch a public offering of shares to enhance the corporate governance structure and transparency for the firm.ByteDance said in a statement TikTok Global will also conduct a pre-IP … ( read original…
ByteDance announces IPO for TikTok Global
TikTok Global, the firm that is to control US operations of the video app TikTok, will launch an initial public offering, China’s ByteDance has announced. It said the move is intended to increase … (…
Encouraging Signs As China Welcomes More International Blockchain Players To Ecosystem
China’s decision to include ShareRing in the first ten international companies (along with Chainlink, Neo, Tezos, and Ethereum) will no doubt be a warmly welcomed story for those seeking to understand … ( read original…
China greenlights two ChiNext IPOs
Shenzhen Stock Exchange’s ChiNext board, the China Securities Regulatory Commission said in a statement. The companies and their underwriters will confirm the IPO dates and publish their respective … ( read original story …)
China launches counter-mechanism to US sanctions list
China said Saturday it had launched a mechanism enabling it to restrict foreign entities, a much-anticipated move seen as retaliation to US penalties against Chinese companies such as telecom giant … ( read original story…
TikTok Owner Is Gaining Confidence Beijing to Okay U.S. Deal
(Bloomberg) — TikTok-owner ByteDance Ltd. is getting more confident its envisioned alliance with Oracle Corp. will pass muster with China’s regulators, a critical step in the political clash over the … ( read original story…
