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SHANGHAI: MSCI plans to include stocks listed on China's newly-launched, Nasdaq-style STAR market in its indexes from next month, as international investors seek opportunities in the world's second largest economy.
SHANGHAI: Bestbond, a Chinese apartment rental company, had been planning on a Nasdaq flotation in one to two years but as U.S.-China trade tensions racheted higher, the Hong Kong stock exchange emerged as a possible candidate. Now, it's firmly on the table
IF measures reportedly being considered by US officials to delist Chinese equities from exchanges in the United States were to take effect, they would likely have limited impact on Chinese investments but deal a heavy blow to investor confidence in financial markets in the US, experts said.
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.
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.
Segway-Ninebot Group, a Beijing-based electric scooter maker, on Aug 16 unveiled a scooter that can return itself to charging stations without a driver, a potential boon for the burgeoning scooter-sharing industry.
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.
SHANGHAI: Chinese authorities 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.
Business news in brief.
BEIJING: Intense Chinese demand for initial public offerings on the country’s new stock board is sending valuations for new listings sky-high.