Initial Public Offerings
Chinese online platform JD Health rises 50% in stock debut
Shares in China’s biggest online health care platform have risen 50% in their Hong Kong stock market debut, reflecting investor enthusiasm for the fledgling industry as the country emerges from the coronavirus pandemic By JOE McDONALD AP Business Writer December 8, 2020, 7:03 AM • 3 min read Share to FacebookShare to TwitterEmail this article …
Jack Ma’s Ant Group files for IPO, which could reportedly be the biggest ever
Costfoto/Barcroft Media via Getty Images Jack Ma’s Ant Group filed for an initial public offering in Hong Kong and Shanghai on Tuesday, aiming to speed up its move into the financial services industry. The company is targeting a $225 billion valuation and could raise as much as $30 billion in the deal if demand holds …
Shenzhen’s ChiNext challenges Shanghai, adds fuel to ‘technology war’ with U.S
SHANGHAI (Reuters) – As companies prepare to list on the start-up board ChiNext under a new U.S.-style IPO system on Monday, China’s Shenzhen will officially challenge Shanghai for tech listings, while adding fuel to a “technology war” with the United States. Eighteen companies will begin trading on the Nasdaq-style start-up board on Monday in a …
Shenzhen’s ChiNext challenges Shanghai, adds fuel to ‘technology war’ with U.S.
* Some 18 firms to list on Shenzhen’s revamped ChiNext on Monday * Reforms to ChiNext aimed at fast-tracking IPOs * Reforms come as U.S. and China fight so-called tech war * Fund managers flag tech bubble risks, fraud risks By Samuel Shen and Andrew Galbraith SHANGHAI, Aug 21 (Reuters) – As companies prepare to …