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Once a license to print money, Chinese initial public offerings have been tarnished by opaque finances, scandals and Didi Global’s sudden NYSE delisting in 2022.
SoftBank recorded its first profit after four straight quarters of losses, backed by a rebound of the Vision Fund and gains from T-Mobile shares.
Without naming a specific entity, RBI Governor Shaktikanta Das said the regulatory action was driven by a “lack of compliance”.
Uber Technologies Inc. exceeded analyst expectations with gross bookings of $37.6 billion in Q4 2023, showcasing robust global demand...
Star banker Bao Fan’s boutique investment bank China Renaissance Holdings has drawn interest from a Hong Kong-based financial group and a couple of small Chinese brokerages.