China’s second largest search engine, Sogou, is planning an Initial Public Offering (IPO) in the United States, following moves made by leader Baidu. Sogou filed its prospectus with the US Securities and Exchange Commission on…
Tagged By ipo
Exclusive-China Offers to Buy 5 Percent of Saudi Aramco Directly: Sources
China is creating a consortium made up of state-owned oil firms, banks and its sovereign wealth fund to act as a cornerstone investor in the IPO, people with knowledge of the discussions told Reuters in…
China’s major mobile search engine Sogou files for IPO
Sogou Inc, one of China’s leading search engines and a major competitor of Baidu, filed documents on Friday with the U.S. Securities and Exchange Commission (SEC) for IPO. The proposed IPO aims to raise up…
PPDAI eyes IPO in the US
PPDAI’s IPO application comes after online credit firms Hexindai Inc … while PPDAI has stakeholders like Sequoia Capital, Lightspeed China Partners and Legend Capital. ( read original story …)
Qingdao Port looks to raise $1.28bn from Shanghai IPO
The IPO is still waiting for final approval from China Securities Regulatory Commission. Following the IPO, Qingdao Port will be listed on both SSE and Hong Kong Stock Exchange (HKSE). In January, Cosco Shipping Ports…
China’s central bank surprises with gravity-defying 7% growth forecast
Other data on Thursday is expected to reinforce the view that China is still in high gear, with growth in industrial output and retail sales seen accelerating while fixed investment may hold at a roughly…
China Dominates IPO News This Week
There were four initial public offerings (IPOs) on the calendar last week and all four succeeded in gaining access to the public markets. The total amount raised was $347.2 million and the average first-day pop…
China’s Embrace of Private Investment Is Getting Tighter
Partly as a result, China advanced to 78th place in the World Bank’s “ease of doing business” index this year, up from 93rd a decade ago. The trouble is, nearly everything else Mr. Xi is…
Saudi Aramco: IPO or Private Sales, China Deal?
Saudi Arabia’s giant oil company, Aramco, still plans to sell shares in the business, but it could sell private stakes and may list at home instead of New York or London, according to a Financial…
China Rapid Finance Could Stumble With Lockup Expiration
and we believe that insiders and pre-IPO shareholders will be eager to cash in on gains. October 25, 2017, concludes the 180-day lockup period on China Rapid Finance Limited (NYSE:XRF). When the lockup period ends…
Standard Chartered : HK regulator drops lawsuit against StanChart, UBS over 2009 IPO – sources
Hong Kong’s securities regulator has dropped a lawsuit against Standard Chartered Plc (>> Standard Chartered) and UBS Group AG (>> UBS Group) over their roles in the 2009 IPO of timber company China Forestry Holdings…
Chinese peer-to-peer lender Paipaidai files IPO documents
The China-based company said it intends to list American depository shares on the New York Stock Exchange under the ticker symbol “PPDF.” It has been rumored to be going public for some time, with The…
Sogou, Mobile Search Rival Of Baidu And Alibaba, Files For IPO
In its IPO filing, Sogou said it is the second largest search engine by mobile queries in China, according to iResearch. A Bloomberg report in May said Sogou is the third-largest mobile search company according…