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Analysis-U.S. IPO market a danger zone for Chinese firms after Beijing crackdown - Vimarsana News

Analysis-U.S. IPO market a danger zone for Chinese firms after Beijing crackdown

Analysis-U.S. IPO market a danger zone for Chinese firms after Beijing crackdown 07/08/2021 | 01:37am EDT Send by mail : Message : Required fields HONG KONG/NEW YORK (Reuters) -China's stepped-up scrutiny of overseas listings by its companies and a clampdown on ride-hailing giant Didi Global Inc soon after its debut in New York have darkened the outlook for listings in the United States, bankers and investors said. On Tuesday Beijing said it would strengthen supervision of all Chinese firms listed offshore and tighten rules for cross-border data flows, a sweeping regulatory shift that is als...

China's Hanrui Cobalt applies for HK listing to fund expansion - Vimarsana News

China's Hanrui Cobalt applies for HK listing to fund expansion

Its application comes as prices for cobalt have risen by more than 40% this year amid resurgent demand from the electric vehicle (EV) sector.

Hong Kong to launch consultation on SPAC listings in third quarter - Vimarsana News

Hong Kong to launch consultation on SPAC listings in third quarter

Hong Kong Exchanges and Clearing Ltd will launch a consultation on rule changes in the third quarter of this year to allow special purpose acquisition companies (SPACs) to list in the city, a summary of a meeting of the city's top finance officials published on Friday showed...

Let's build a more inclusive Hong Kong, and put people's happiness first - Vimarsana News

Let's build a more inclusive Hong Kong, and put people's happiness first

Let’s build a more inclusive Hong Kong, and put people’s happiness first Restructuring Hong Kong could be disruptive, but the city can afford to take some short-term pain for long-term gain The entrenched elite fail to see that a rejuvenated Hong Kong would achieve new heights of prosperity, attracting a flood of money and talent from abroad

Source: scmp.com
Hong Kong exchange to raise IPO profit threshold - China News - Vimarsana News

Hong Kong exchange to raise IPO profit threshold - China News

2021-05-20 16:35:41 GMT2021-05-21 00:35:41(Beijing Time) Xinhua English HONG KONG, May 20 (Xinhua) -- The Stock Exchange of Hong Kong Ltd. announced Thursday that it will raise the profit threshold for companies seeking to go public on its main board in what was the first such revision since 1994. There will be a 60 percent increase in the profit requirement from the current level to 80 million Hong Kong dollars (10.3 million U.S. dollars) for the minimum combined profits over the past three years, taking effect from Jan. 1, 2022, the exchange, wholly-owned by Hong Kong Exchanges and C...

Source: sina.com