Thursday in a deal that would raise a total of HK$13.8 billion (US$1.78 billion). The IPO priced at HK$4.80 a share, according to a person familiar with the transaction. That was near the bottom of…
Tagged By ipo
China Bohai Bank raises $1.78 billion in Hong Kong IPO: sources
China Bohai Bank has raised $1.78 billion after pricing its shares at HK$4.80 as it carried out the largest initial public offering in Hong Kong so far in 2020, two sources with direct … (…
BRIEF-Eyebright Medical Technology (Beijing) Co Ltd Issues Prospectus For Shanghai IPO
SAYS IT ISSUES PROSPECTUS FOR INITIAL SHANGHAI SHARE OFFERING Source text in Chinese: bit.ly/2W5JK4n (Reporting by Hong Kong newsroom) Our Standards:The Thomson Reuters Trust Principles. ( read original story …)
Luxury brands turn from Hong Kong to mainland Chinese consumers still eager to shop
Luxury brands are turning to mainland China from Hong Kong — even shutting stores in the city — as companies try to recoup lost tourism spending and take advantage of new supportive policies from ……
Court in China Implementing Blockchain for Court Reform
Participants at a recent court reform conference held by the Shanghai high court observed that the Minhang District People’s Court used blockchain technology to record an equity transfer contract … ( read original story …)
Chinese Police Dismantle $14M Crypto Scam
The Chinese police busted a massive crypto scam in Wenzhou that managed to amass over $14.31 million. The Chinese authorities dismantled a significant crypto-related scam in Wenzhou. The scheme … ( read original story …)
What Brands in China Should Learn From Harper’s Bazaar’s Big Mistake
Harper’s Bazaar China accidentally elicited historical trauma in one of its Weibo posts, but its apology wasn’t acceptable to the country’s netizens. ( read original story …)
What Brands in China Should Take Away From Harper’s Bazaar’s Big Mistake
Harper’s Bazaar China accidentally elicited historical trauma in one of its Weibo posts, but its apology wasn’t acceptable to the country’s netizens. ( read original story …)
Blockchain Bites: CENTRE’s Blacklist, Brazil’s Stablecoin Boom and Coinbase Is Going Public?
Coinbase is reportedly looking to go public, CENTRE has blacklisted a USDC address and U.S. sanctions could restrict crypto firms in China. ( read original story …)
World’s First Collectible Crypto Coin Released in Lithuania
Lithuania, which is positioning itself as a financial-technology hub for start-ups, rolled out the world’s first crypto coin for collectors. ( read original story …)
TikTok Mulls Changes to Business to Distance Itself From China
Bytedance Ltd. said it’s evaluating changes to the corporate structure of its TikTok business as U.S. concerns grow over the parent company’s Chinese origins. ( read original story …)
China Auto Sales Recovery on Shaky Ground: What Lies Ahead?
CPCA expects NEV sales in China for second-half 2020 to be significantly higher than the corresponding period of 2019. ( read original story …)
Alibaba’s fintech arm Ant Financial plans Hong Kong IPO
Ant Financial, the fintech affiliate of Alibaba Group, is prepping a Hong Kong IPO that could value the business north of $200 billion, per Reuters. Why it matters: It would be one of the year’s…
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