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Shanghai enhances financial support for technology innovation
28 Mar 2024 16:56 GMT
…
Meanwhile, by further consolidating Shanghai's multi-level … Market was launched on the Shanghai Stock Exchange in 2019, a total … focused board, with combined IPO financing exceeding 900 billion … SSE's main board and the STAR Market so that Shanghai …
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Cainiao to incentivize staff with double annual bonuses in 2025 after IPO withdrawal
28 Mar 2024 18:03 GMT
… abandoning the subsidiary’s anticipated IPO.
Why it matters: Alibaba … filing with the Hong Kong Stock Exchange on Sept. 26 last … Alibaba, told analysts the IPO abandonment was an internal decision … tech reporter now based in Shanghai. She covers e-commerce …
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Analysis-Chinese firms' fundraisings in limbo as IPOs scrutinised at home and abroad
28 Mar 2024 09:54 GMT
… the Shanghai and Shenzhen stock exchanges have accepted zero IPO applications. … to tighten scrutiny over IPOs, public companies and … Tang Jinghua, chairman of Shanghai Voicecomm Information Technology Co … quot; according to an exchange filing on March 20 …
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ASX Small Caps Lunch Wrap: Have US investors gone a bit meme-stock mad this week?
28 Mar 2024 03:11 GMT
… the latest baffling instalment of IPO madness.
On Tuesday, former US … of weeks, which saw the stock price rocket through +1000% for … bridge out the front. Carnival stock was down -0.5% after … , while both Hong Kong and Shanghai are struggling to shake off …
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Alibaba cancels unit’s Hong Kong IPO, citing sluggish market
27 Mar 2024 21:43 GMT
… Alibaba has pulled a planned initial public offering in Hong Kong of its … filing to the Hong Kong Stock Exchange, Alibaba said it would … to withdraw planned Shanghai and Hong Kong IPOs for fin-tech … employees, for companies trying to IPO, for any sort of …
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Alibaba to acquire stake in Cainiao for up to $3.75 billion as it drops IPO plan
27 Mar 2024 03:54 GMT
… , abandoning plans for an initial public offering (IPO) of the logistics business … call all Alibaba’s planned IPOs, including Cainiao’s, “ … filed the IPO paperwork to the Hong Kong Stock Exchange in … and Casey Hall in Shanghai; Additional reporting by Kane …
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Hong Kong stocks retreat as Alibaba’s scrapping of logistic unit IPO weighs on sentiment, yuan weakness eyed
27 Mar 2024 02:56 GMT
Sentiment on Chinese assets also worsened, as the slide in the Japanese yen to a 34-year low against the US dollar increased the pressure on the yuan to depreciate to retain its export competitiveness.
Alibaba, which has an 8.3 per cent weightage in the …
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Alibaba scraps plans for Cainiao IPO
26 Mar 2024 19:47 GMT
Bengaluru/Shanghai — Alibaba Group said on … , abandoning plans for an initial public offering (IPO) of the logistics business … that all Alibaba’s planned IPOs, including Cainiao’s, “were … filed the IPO paperwork to the Hong Kong Stock Exchange in September …
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Alibaba to buy Cainiao stake for up to $3.75 billion as it drops IPO plan
26 Mar 2024 12:41 GMT
SHANGHAI : Alibaba Group said on … billion, abandoning plans for an initial public offering (IPO) of the logistics business in … all Alibaba's planned IPOs, including Cainiao's … first filed the IPO paperwork to the Hong Kong Stock Exchange in September …
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Citic Securities slides after Shenzhen exchange investigates China’s biggest brokerage over IPO sponsor role
25 Mar 2024 09:18 GMT
… the exchange regarding the IPO prospectus of Liangang.
The exchange had …
Such regulatory checks on IPOs are rare for the … at Xufunds Investment Managements in Shanghai. “Even giants like Citic … Securities has withdrawn seven IPO applications so far this …