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China greenlights three new IPO applications - Buz & Tech News

2021-05-01 13:31:06 GMT2021-05-01 21:31:06(Beijing Time) Xinhua English BEIJING, May 1 (Xinhua) China s securities regulator has approved the initial public offering (IPO) applications of three companies. Qilu Bank Co.,Ltd., Bondex Supply Chain Management Co.,Ltd. and Eastroc Beverage (Group) Co., Ltd. will be listed on the A-share market, the China Securities Regulatory Commission said in a statement. The commission did not specify the total funds to be raised. The companies and their underwriters will confirm IPO dates and publish their prospectuses following discussions with the stock exchanges. Enditem SINA English is the English-language destination for news and information about China. Find general information on life, culture and travel in China through our news and special reports or find business partners through our online Business Directory. For investment opportunities with SINA, please click the link Investor below.

New technology key to globalization of digital economy

Tencent, ByteDance and others ordered by China to curb financial busineses

Tencent, ByteDance and others ordered by China to curb financial busineses CNN 6 hrs ago By Michelle Toh, CNN Business © Qilai Shen/Bloomberg/Getty Images A pedestrian walks past the People s Bank of China (PBOC) building in Beijing, China, on Thursday, March 4, 2021. The low cost of borrowing in Chinas money markets suggests the central bank again has room to tighten policy by withdrawing liquidity from the financial system like it did in January. Photographer: Qilai Shen/Bloomberg via Getty Images Chinese regulators have ordered more than a dozen tech companies to fix the most prominent problems of their financial units, escalating a historic crackdown on the sector that has already engulfed some of the country s top players.

China operators return to growth but battle costs

China operators return to growth but battle costs
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