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Stock frenzy in China’s new trading venue is already fading

SHANGHAI: The frenzy that greeted China’s new Nasdaq-style stock board is already fading.

China may allow investors to buy HK-listed tech shares

SHANGHAI: Chinese authorities have proposed rule changes that would for the first time allow local investors to buy shares of some popular technology companies listed in Hong Kong – including, potentially, Alibaba Group Holding Ltd.

AI startup plans IPO at value of over US$1bil in China

BEIJING: The promise of artificial intelligence has yet to translate into big business. Now Kai-Fu Lee, a prominent venture capitalist in China and founder of Sinovation Ventures, says his firm’s new startup should be able to reach US$100mil in revenue next year and go public the year after.

China phone maker prices IPO at sky-high multiple

HONG KONG: Shenzhen Transsion Holdings Co, a Chinese handset maker largely unknown outside of Africa, has priced its initial public offering at double the valuation of Apple Inc.