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SHANGHAI: The biggest shareholders in China's new Nasdaq-style STAR Market lost a combined $1 billion in the second day of trade on Tuesday, a day after the board's roaring debut created three new billionaires.
SHANGHAI: China's new Nasdaq-style board for homegrown technology firms started trading on Monday, with most of the stocks surging in their debut.
SHANGHAI: China on Thursday officially launched Shanghai's Nasdaq-style tech board, with the country's top securities regulator cautioning that the hotly-anticipated STAR Market will face various challenges initially.
SHANGHAI: They propelled a little-known semiconductor manufacturer to a 521% surge, traded a mid-sized railway company 13 times more feverishly than the world’s largest bank and valued a chipmaking-gear producer at an eye-watering 730 times earnings.
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.
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.
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ALOFT Kuala Lumpur Sentral, the biggest hotel in the Aloft chain of hotels, is looking to bring back the bang in the four-star hotel segment here with its niche concept that caters to the next generation of travellers.
BEIJING: Intense Chinese demand for initial public offerings on the country’s new stock board is sending valuations for new listings sky-high.