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China Securities Regulatory Commission

China’s markets watchdog aims to enhance funds recognition scheme with Hong Kong to boost flows

by Anas Siddiqui
China’s markets watchdog aims to enhance funds recognition scheme with Hong Kong to boost flows

“[The proposed amendments] would address a long-standing wish of asset managers in Hong Kong for the scheme to be more flexible and to provide more diversified product choices to mainland …

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Evergrande founder’s Black’s Link mansion finds a buyer after year-long fire sale

by Anas Siddiqui
Evergrande founder’s Black’s Link mansion finds a buyer after year-long fire sale

A mansion at one of Hong Kong’s most exclusive neighbourhoods found its buyer after a fire sale and 15 months on the auction block, offering a minor victory for China …

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QuantumPharm becomes Hong Kong’s third-largest IPO of 2024 after pricing shares at HK$5.28

by Anas Siddiqui
QuantumPharm becomes Hong Kong’s third-largest IPO of 2024 after pricing shares at HK.28

Tencent-backed QuantumPharm, an artificial intelligence (AI) drug researcher, has become Hong Kong’s third-largest listing of the year after pricing its initial public offering (IPO) at the low end of the …

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China’s regulator: delistings will not ‘increase significantly in the short term’

by Anas Siddiqui
China’s regulator: delistings will not ‘increase significantly in the short term’

China’s securities watchdog said its moves to raise the bar for initial public offerings (IPOs), expel unqualified firms from stock exchanges and exercise greater scrutiny over high-frequency trading are ensuring …

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PwC’s China woes: Merchants Group unit latest to jump ship as auditor comes under scrutiny

by Anas Siddiqui
PwC’s China woes: Merchants Group unit latest to jump ship as auditor comes under scrutiny

Last Friday, China’s securities regulator formally announced it will impose a 4.18 billion yuan (US$577 million) fine on Evergrande’s onshore unit Hengda, citing fraudulent bond issuance and violations on information …

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Why China-founded online fast-fashion retailer Shein is looking to go public in London

by Anas Siddiqui
Why China-founded online fast-fashion retailer Shein is looking to go public in London

People shop at online fast-fashion retailer Shein’s pop-up store in Ottawa, Ontario, Canada, on May 18, 2024. Photo: Reuters The pressure comes from these investors’ hopes of cashing out, according …

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China-founded online fast-fashion retailer Shein to file IPO in London: UK media reports

by Walter Watson
China-founded online fast-fashion retailer Shein to file IPO in London: UK media reports

Fast-fashion retailer Shein, which thrives on a business model that sells budget made-in-China consumer goods overseas, is set to file an initial public offering (IPO) in London this week, according …

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PwC defections continue as China Cinda Asset Management ditches auditor facing fines for alleged Evergrande malpractice

by Anas Siddiqui
PwC defections continue as China Cinda Asset Management ditches auditor facing fines for alleged Evergrande malpractice

State-owned China Cinda Asset Management has become the latest major company to terminate its contract with PwC, after at least five big firms recently cut ties with the auditor amid …

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Hong Kong IPOs: market shows glimmer of revival as three solid debuts in a week raise US$111 million

by Anas Siddiqui
Hong Kong IPOs: market shows glimmer of revival as three solid debuts in a week raise US1 million

Investor appetite for new share listings in Hong Kong shows signs of improvement amid a market rebound, with a series of recent IPOs (initial public offerings) registering strong performance – …

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PwC faces defections by Hong Kong, mainland China clients amid concerns about China Evergrande accusations

by Anas Siddiqui
PwC faces defections by Hong Kong, mainland China clients amid concerns about China Evergrande accusations

Shenzhen-listed conglomerate China Merchants Port Group has joined at least four other large corporations that have terminated contracts with auditing firm PricewaterhouseCoopers (PwC) in the last month amid concerns around …

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