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delisting

Shanghai Henlius Biotech shares soar in Hong Kong after Fosun’s US$690 million buyout offer

by Anas Siddiqui
Shanghai Henlius Biotech shares soar in Hong Kong after Fosun’s US0 million buyout offer

China International Capital Corp (CICC) and Fosun International Capital, a subsidiary of Fosun International, are joint financial advisers for the deal. “The listing status of the company no longer provides …

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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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Hong Kong take-private deals soar as cheap valuations tempt investors into company buy-outs

by Anas Siddiqui
Hong Kong take-private deals soar as cheap valuations tempt investors into company buy-outs

For CMIC Vehicles, the low liquidity and cheap valuation have “created difficulty for the company to effectively conduct fundraising exercises on the Hong Kong stock exchange”, it said in a …

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Value of Chinese businesses listed on US stock exchanges dropped significantly in 2023

by Anas Siddiqui
Value of Chinese businesses listed on US stock exchanges dropped significantly in 2023

Chinese company profits and share prices have fallen sharply, with Chinese and Hong Kong shares ending 2023 down 10 per cent, some of the world’s worst performing equity markets. 05:39 …

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OKX to delist WAVES to ‘to maintain a robust spot trading environment’

by Isaac Wright
OKX to delist WAVES to ‘to maintain a robust spot trading environment’

The management of the OKX cryptocurrency platform has decided to delist some trading pairs. According to an official statement of the exchange representatives, OKX plans to delist several trading pairs …

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OKX to delist privacy tokens in January 2024

by Isaac Wright
OKX to delist privacy tokens in January 2024

One of the largest cryptocurrency exchanges, OKX, announced delisting several trading pairs at once. According to the Dec. 29 announcement, OKX will delist stablecoin USD Coin (USDC), Tether (USDT), and …

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China delistings rise to near record highs in 2023 as market sell-off spawns a horde of below par stocks

by Anas Siddiqui
China delistings rise to near record highs in 2023 as market sell-off spawns a horde of below par stocks

The number of companies delisted from China’s stock markets are approaching a record high this year, with about half of them losing their listing status after languishing below par value. …

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