The underperformance followed the trend of weak new stock listings amidst US-China trade tensions. Maoyan’s shares opened at $1.889 (HK$14.82), less than 1 percent higher than its initial public offer… ( read original story …)
Tagged By ipo
China cigarette IPO offers unfiltered Beijing bet
HONG KONG, Feb 4 (Reuters Breakingviews) – China Tobacco International’s share sale offers an unfiltered bet on Beijing policymaking. The overseas unit of the world’s biggest cigarette maker plans to … ( read original story…
Can Hong Kong keep its title as the world’s hottest IPO market? Here’s its game plan
China unveils trading rules for new hi-tech board … companies to have a secondary listing in Hong Kong,” she said. Hong Kong regains global IPO crown from New York in 2018 thanks to its listing…
China’s services sector moderates in January but still solid: survey
China’s sprawling services sector maintained a solid pace … Overseas sales continued to support the sector, with new export business rising at the fastest clip in more than a year, thanks to efforts … (…
China unveils tax cuts for graduates, low-income workers in stimulus drive
China will introduce tax breaks for small businesses run by recent graduates and low-income workers, according to a joint ministry announcement, as the country looks to boost spending and offset an ec… ( read original…
Why Canada isn’t profiting from the U.S.-China trade feud
In a perfect world, the trade showdown between the United States and China would be good for Canada. The two countries are our No. 1 and No. 2 export customers. And they have hit each…
China’s securities regulator approves 2 new IPOs
BEIJING, Feb. 2 (Xinhua) — China’s securities regulator has approved the initial public offering (IPO) applications of two companies. The companies are Shanghai Yongguan Adhesive Products Co., Ltd., … ( read original story …)
Luxury brands pig out on Year of the Pig images, hoping it will bring home the bacon
Luxury brands are all for consumers treating each other and themselves. The Year of the Dog celebration in 2018 resulted in China’s retail and catering sectors posting a record US$146 billion worth of … (…
Luckin Coffee Takes Aim At Starbucks With Potential US IPO
However, the sources cautioned that the IPO plans were still in their infancy … Luckin Chief Marketing Officer Yang Fei said at a presentation in Beijing, according to a past Reuters report, “What w… (…
Chinese brands rank in 2019 Brand Finance Global 500 report
The Industrial and Commercial Bank of China ranked as the world’s 8th most valuable brand, while Huawei, China’s leading global provider of information and communications technology infrastructure and … ( read original story …)
Trump optimistic about China trade talks, but wants markets opened to U.S. business
U.S. President Donald Trump expressed optimism about forging a comprehensive trade accord with China as high-level talks continued on Thursday, but said any arrangement that fails to open Chinese mark… ( read original story …)
China to ease IPO rules on planned board to lure tech titans
China will relax rules on IPOs for a planned Nasdaq-style tech board in Shanghai as it seeks to encourage start-ups to list at home after losing the likes of Alibaba and Baidu to Wall Street.…
Sinochem’s backtrack sends a fresh IPO warning
Beijing’s behemoths once listed regardless of market conditions … The company had sought to raise up to $2 billion from the IPO. However, it put the listing on hold late last year because early inve……
