The way back for Washington and Beijing lies in starting small, reversing tit-for-tat journalist expulsions and consulate closures, and talking about trade, writes Wang Xiangwei. ( read original story …)
Tagged By ipo
US IPO Weekly Recap: The IPO market has no time to RLX in a 6 IPO week
IPO market continued gaining momentum this past week as six IPOs and 14 SPACs raised $6.2 billion. The IPO pipeline remained active as well, with 36 new filings from IPOs and SPACs combined. China’s ……
‘Touching fish’ craze see China’s youth find ways to laze amid ‘996’ work culture
An online movement is pushing back against the country’s ferocious work culture of long hours for seemingly little gain … ( read original story …)
Mixed finish on Wall Street as worldwide rally takes a pause
Stocks struggled to a mixed finish on Wall Street, trimming the weekly gain for the S&P 500 even as the Nasdaq eked out another record high … ( read original story …)
Behind the NYSE’s Swerves on Delisting China Stocks: QuickTake
In the course of a week, the New York Stock Exchange said it would delist a trio of Chinese companies, then that it wouldn’t and then that it would, stoking confusion among investors globally. The…
Blockchain or DLT based Tokenization Is Inevitable, as Global Rivalry in Digital Currencies Continues, Industry Exec Explains
Blockchain or DLT based tokenization is inevitable, as global rivalry in digital currencies continues, industry exec explains. ( read original story …)
Global chip shortage chokes China’s bitcoin mining sector
Soaring computer equipment prices are squeezing smaller miners while benefitting big-time players, many outside China. ( read original story …)
Caught In Beijing’s Crosshairs, Alibaba Stock Has Become Riskier
BABA stock is faltering because Beijing is targeting the company. That ups Alibaba’s risk profile in a big way. ( read original story …)
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…
