IPO

Global Players Sign Up for Xiaomi’s IPO After CDR Jitters Trim Valuation Prospects

Global Players Sign Up for Xiaomi’s IPO After CDR Jitters Trim Valuation Prospects

Named domestic and global players have signed up as cornerstone investors in Xiaomi's upcoming initial public offering in Hong Kong,…

Jun 20, 2018
Li Juan & Yuan Ziyi
Xiaomi’s CDR Withdrawal May Affect Hong Kong IPO Pricing

Xiaomi’s CDR Withdrawal May Affect Hong Kong IPO Pricing

Xiaomi’s decision to postpone its Chinese depository receipt offering in Shanghai may have a bearing on the pricing of the…

Jun 20, 2018
Li Juan & Yuan Ziyi
CDRs Will Form 7% of Xiaomi’s Share Capital After Issue, New Prospectus Says

CDRs Will Form 7% of Xiaomi’s Share Capital After Issue, New Prospectus Says

Chinese technology giant Xiaomi updated its prospectus on China Securities Regulatory Commission’s website yesterday.

Jun 15, 2018
Xu Wei
Meituan Is Said to Be Planning USD6 Billion Hong Kong IPO, Open to CDR Listing

Meituan Is Said to Be Planning USD6 Billion Hong Kong IPO, Open to CDR Listing

The firm behind Meituan-Dianping, China’s largest on-demand services provider, is reportedly planning to file for a USD6 billion initial public…

Jun 13, 2018
Xu Wei
Africa’s Top Phonemaker Misses Out on China Backdoor Listing

Africa’s Top Phonemaker Misses Out on China Backdoor Listing

Transsion Holdings’s plans to backdoor list on the Chinese mainland have fallen through after the bestselling phonemaker in Africa was unable to agree on terms with the vessel company.

Jun 13, 2018
Tang Shihua
World Bank Provides USD600 Million for China Water, Sewage Projects

World Bank Provides USD600 Million for China Water, Sewage Projects

The World Bank has rubber-stamped three loans worth a total USD600 million to help China improve its water supply and sewage treatment infrastructure.

Jun 12, 2018
Liao Shumin
Foxconn Industrial Surges 44% on Debut to Become Most Valuable Tech Company on A-Share Market

Foxconn Industrial Surges 44% on Debut to Become Most Valuable Tech Company on A-Share Market

Foxconn Industrial Surges 44% on Debut to Become Most Valuable Tech Company on A-Share Market. The shares of Foxconn Industrial…

Jun 8, 2018
Xu Wei
Xiaomi Submits China's First CDR Application

Xiaomi Submits China's First CDR Application

Smartphone giant Xiaomi is set to become the first unicorn firm to take part in the China Depository Receipt pilot scheme at the Shanghai Stock Exchange after it filed an application yesterday.

Jun 8, 2018
Liu Jia
Karaoke App Changba Edges Closer to China Mainland IPO

Karaoke App Changba Edges Closer to China Mainland IPO

Beijing Kuzhi Technology, the firm behind Chinese karaoke app Changba, may submit papers for its initial public offering on the…

Jun 8, 2018
Liao Shumin
China’s Securities Regulator Issues Rules for Tech Giants’ Possible CDR-Based Listing in A-Share Market

China’s Securities Regulator Issues Rules for Tech Giants’ Possible CDR-Based Listing in A-Share Market

The China Securities Regulatory Commission has today issued nine regulatory documents regarding the return of Chinese technology companies listed…

Jun 7, 2018
Du Qingqing
China Eases IPO, CDR Rules to Repatriate Tech Unicorns' Shares

China Eases IPO, CDR Rules to Repatriate Tech Unicorns' Shares

China's securities regulator has eased its rules regarding the minimum market value of emerging economy firms which want to repatriate…

Jun 7, 2018
Du Qingqing & Yuan Ziyi
PICC Runs IPO Gauntlet to Become Fifth A- and H-Share Listed Insurer

PICC Runs IPO Gauntlet to Become Fifth A- and H-Share Listed Insurer

The Issuance Examination Commission yesterday passed the initial public offering application of the People's Insurance Company (Group) of China, as…

Jun 6, 2018
Du Chuan