The reserved portion of non-institutional investors has been subscribed 1 percent, retail investors (42 percent), while qualified institutional buyers have not put in any bid so far.
Tagged By export
China’s Hunan registers rapid foreign trade growth in Jan-May
[Photo/Xinhua] CHANGSHA – The foreign trade volume of Central China’s Hunan province exceeded 211 billion yuan ($32.7 billion) in the first five months of 2021, up 25.9 percent year-on-year, according …
Exports to China up by 34pc: Razak
I’m pleased to share that our exports have done quite well in our major markets,” Mr Dawood tweeted, adding that the country’s exports to China increased by 34 per cent to $2.33 billion during the…
Following Didi app ban, China cracks down on companies seeking US IPOs
The suggestion, according to Bloomberg, comes after the Cyberspace Administration of China banned the Didi Chuxing app from app stores in mainland China. Didi Global Inc. was listed on the New York …
Pak-China imports remained top among other countries: SBP
The total imports from China during July-May (2020-21) were recorded at $11454.962 million against the $8255.990 million during July-May (2019-20), showing an increase of 38.74 percent during the …
Analysis: China’s farmers dump other crops for corn on bumper profit pull
Nationwide corn output may jump over 6% this season – JCI Corn area in top grain hub could jump 27% – Huatai Futures Soybeans, sorghum, small grains lose area to corn China corn imports seen…
US-China trade war hits third anniversary, with no sign of Biden easing economic pressure
Three years after the US imposed its first trade war tariffs, they remain in place for most goods under the Biden administration and broader relations have sunk to new lows.
Didi drops 20% after IPO as Beijing tightens data security review
Chinese cybersecurity regulators launched investigations of three companies that had recently listed in the U.S., hinting at concerns that their data could fall into foreign hands. Beijing also said …
D2Cs in China are stepping to global brands with their home-court advantage
Though virtually unknown outside of China, a new crop of local direct-to-consumer brands are making a name for themselves at home—and even outperforming some of the major foreign players. During the …
Didi Plunges Below IPO Price as China Expands Crackdown
Didi Global Inc. plunged Tuesday in U.S. trading as the ride-hailing company faced scrutiny over its data security and a broader Chinese crackdown on companies listing their shares abroad.China’s …
4 Ways Western Luxury Brands Can Localize China Retail
Retailers have replaced universal approaches with personalized experiences and customized products. These are four ways luxury brands can localize in China.
China’s 618 Festival: Shiseido, Lancôme Among Top Beauty Brands
Though thousands of brands crowded into the country’s largest mid-year shopping festival in June, Shiseido, Lancôme, Estée Lauder, L’Oréal and Yves Saint Laurent were the highest performing beauty …
Why did Didi choose the US over Hong Kong for its IPO?
The US has been an easier path to the public markets for Chinese firms, but the latest crackdown by mainland regulators has some investors questioning whether it will be more difficult in the future.
