Ma Shicong, an analyst at Beijing-based internet consultancy Analysys … but it had a rocky first day with shares dropping below its IPO price. Contact with the writer at ouyangshijia@chinadaily.com.cn. ( read original story …)
Tagged By ipo
Chinese streaming company iQiyi prices IPO at $18/share: source
Beijing-based iQiyi, which is majority-owned by Chinese internet … Goldman Sachs (Asia) LLC, Credit Suisse and BofA Merrill Lynch are the lead underwriters for the IPO. ( read original story …)
IQiyi, The Netflix Of China, Prices Its IPO At $18 Per Share
Reuters said late Wednesday that the Beijing-based company, considered the Netflix (NFLX … Baidu currently holds a 69.6% stake in the company and will remain as a majority shareholder post-IPO. In 2017, iQiyi reported revenue…
China Could Target Broad U.S. Business Interest in Trade Spat-China Daily
SHANGHAI — China could target a broad range of U.S. businesses from agriculture to aircraft, autos, semiconductors and even services if the trade conflict with the United States escalates, the China Daily newspaper said in…
Breakfast Briefing: Xiaomi’s New Phone & Kim Jong-un in Beijing
The phone will hit the market on April 3rd, and its success will more than likely play a huge role in how well Xiaomi’s planned IPO goes later this year. Pundits reckon that the Beijing-based…
Value of top 100 Chinese brands surges in new ranking
A logo of Alibaba is pictured at the headquarters of Chinese e-commerce giant Alibaba Group in Hangzhou city, east China’s Zhejiang province. [Photo/Agencies] Brand value of Chinese firms, especially those from the technology, education and…
Tencent crowned China’s most valuable brand as Chinese brand power hits record high
Tencent has retained the title of China’s most valuable brand for a fourth consecutive year, beating out Alibaba, ICBC and Baidu, according to BrandZ Top 100 Most Valuable Chinese Brands rankings. The report, which is…
China’s Booming Edtech Sector Sends IPOs To New York
A series of China tech IPOs in the education sector are underway in the U.S. to capitalize on high growth rates and potential in this booming business, where it seems all Chinese want to get…
China fast tracks IPO by leading biotech firm WuXi AppTec, in race as Asia’s hub for fundraising
WuXi AppTec, the mainland’s leading biotechnology firm which privatised in New York two years ago, has been given the green light to relist on the A-share market via an initial public offering (IPO) in Shanghai,…
Netflix Ally iQiyi Prices IPO; Walgreens, Blackberry Earnings Due: Action Plan
Late Wednesday iQiyi will price its IPO. The so-called Netflix of China will trade on the Nasdaq under the ticker IQ starting Thursday. IQiyi plans to offer 125 million American depository shares at an expected…
WuXi AppTec given green light to raise US$907m in Shanghai IPO
Its IPO follows a steady pipeline of Chinese firms … Both Shanghai and Shenzhen bourses – under the direction of the China Securities Regulatory Commission (CSRC) – have been bending over backwards to lure foreign-funded…
Sunlands, Latest China Education IPO In U.S., Drops Amid Trade Worries
Sunlands Online Education Group, the latest in a series of U.S. IPOs from Chinese private-sector education companies, slid 3.5% on Friday on its New York Stock Exchange trade debut amid a broad selloff of the…
China’s HNA calls off Swiss listing of airline caterer Gategroup at last minute
Bookbuilding in the Gategroup IPO began this month, with a price range set at 16 to … to 2 billion (francs), and not as much as 2.6 billion. There’s also a certain China discount as…
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