Tagged By ipo

China approves another batch of 9 IPOs

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Another set of applications to launch IPOs has been approved in China. The China Securities Regulatory Commission (CSRC) has recently given its go-signal on the IPO applications of nine companies. The firms hope to fetch…

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Why China’s Uber is investing in used cars

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For Didi, which defeated Uber’s attempt to build a successful China business, used cars offer a potentially lucrative addition to its growing empire. “They want to own as much business as possible related to transportation,”…

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