Chinese-founded fast-fashion online retailer Shein has received the go-ahead from local authorities in Guangzhou, capital of southern Guangdong province, to build a new supply chain hub in the city’s Zengcheng …
Chinese ride-hailing giant Didi Chuxing, whose New York initial public offering (IPO) in 2021 triggered a cybersecurity investigation by mainland authorities that led to its delisting and a $1.2 billion …
Shen, 56, retired from that role owing to “other business commitments”, and there is no disagreement between him and the Beijing-based company’s board, according to Meituan’s filing to the Hong …
That denial was issued on Monday in response to a WeChat post, which went viral on Sunday across Chinese social media, by former Royole independent director Liu Shuwei, who serves …
Global investors are increasingly interested in gaining exposure to China through secondary private equity investments amid US-China tensions and a market slump that has squashed valuations, according to industry participants. …
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 …
Bright Smart Securities, the biggest local broker to offer margin financing for IPOs, also received a good response but did not disclose the number. It is the first IPO under …
Tencent-backed artificial intelligence (AI) drug researcher QuantumPharm is raising up to HK$1.13 billion (US$144.5 million) in a Hong Kong initial public offering (IPO) from Tuesday, eyeing the first listing under …
COUNTDOWN BEGINS: Puig has set the pricing of its initial public offering at 24.50 euros per Class B share and confirmed it will begin trading on the Spanish Stock Exchanges …
By March 2023, Alibaba had lost three quarters of its value from the peak in October 2020, as the e-commerce giant, once seen as China’s answer to Amazon.com, faces questions …