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IPO

Huishang Bank Again Yanks IPO as Its Largest Shareholder Declines to Sign

Huishang Bank Again Yanks IPO as Its Largest Shareholder Declines to Sign

After its A-share listing review resumed two weeks ago, Huishang Bank Corp. [HKG:3698] has now withdrawn its A-share issue application…

Feb 14, 2018
Liao Shumin
iQiyi Files for U.S. Listing; Baidu Will Remain Its Controlling Shareholder

iQiyi Files for U.S. Listing; Baidu Will Remain Its Controlling Shareholder

Though iQiyi has insisted over the years that it has no timetable for its listing, Baidu Inc. [NASDAQ:BIDU], which runs…

Feb 14, 2018
Liu Jia
CGN Power 's A-Share Listing Will Fund Generating Units at Its Nuke Plants

CGN Power 's A-Share Listing Will Fund Generating Units at Its Nuke Plants

CGN Power Co. [HK:1816], the listed arm of China General Nuclear Power Corp. (CGN), is planning an A-share market listing. Proceeds will replenish its capital and build generating units.

Feb 12, 2018
Tang Shihua
Foxconn Unit Seeks Mainland IPO to Raise Funds for 5G, Internet of Things

Foxconn Unit Seeks Mainland IPO to Raise Funds for 5G, Internet of Things

Hon Hai Precision Industry Co., the world’s largest contract electronics maker and better known as Foxconn, plans to list one…

Feb 12, 2018
Liao Shumin
Rags-to-Riches Warehouse Worker at Chinese Drink Firm Turns IPO Millionaire

Rags-to-Riches Warehouse Worker at Chinese Drink Firm Turns IPO Millionaire

Hebei Yangyuanzhihui Beverage Co. [SHE:603156] announced the results of its recent initial public offering on Feb. 1. Its shares were priced…

Feb 7, 2018
Liao Shumin
Shanda Games Onboards Tencent as Investor Amid A-Share IPO Plans

Shanda Games Onboards Tencent as Investor Amid A-Share IPO Plans

Online game developer Shanda Games Ltd. has brought tech titan Tencent Holdings Ltd. on board as an indirect shareholder as it formulates its equity structure before going public.

Feb 6, 2018
Dou Shicong
Investors Shun USD2.7 Million in Shares of Shanghai’s Priciest IPO

Investors Shun USD2.7 Million in Shares of Shanghai’s Priciest IPO

Hebei Yangyuanzhihui Beverage Co.’s [SHA:603156] purchase results released Feb. 5 showed that investors who won subscription rights, whether online or…

Feb 6, 2018
Liao Shumin
Chinese Startup Meet You Netted USD16 Million Last Year, Seeks Domestic IPO

Chinese Startup Meet You Netted USD16 Million Last Year, Seeks Domestic IPO

Meet You, an app developed by Xiamen Meet You Information Technology Co., netted profits of CNY100 million last year, and formally proposed a domestic listing plan, as Sina Technology reported.

Feb 5, 2018
Liao Shumin
Foxconn Clears Independent IPO of Its Industrial Internet Business

Foxconn Clears Independent IPO of Its Industrial Internet Business

Hon Hai Precision Industry Co. (Foxconn), a Taiwan-based electronic manufacturing giant, has approved the proposal for the independent initial public…

Jan 31, 2018
Dou Shicong
Good Doctor Health Unit to Lead Wave of Ping An Units Going Public This Year

Good Doctor Health Unit to Lead Wave of Ping An Units Going Public This Year

Ping An Insurance Group Co. has submitted documents for its health technology unit to go public in March, part of…

Jan 30, 2018
Dou Shicong
Why Aramco’s IPO Is Such a Big Deal

Why Aramco’s IPO Is Such a Big Deal

Saudi Arabian Oil Co., the petroleum and gas giant better known as Aramco, has completed preparation for its initial public…

Jan 29, 2018
Mei Xinyu
Lei Jun -- A Dominant Figure in China’s Internet Sector

Lei Jun -- A Dominant Figure in China’s Internet Sector

Lei Jun, founder of smartphone maker Xiaomi Inc., is known as a role model in Beijing’s tech hub Zhongguancun, and will likely top the China rich list this year.

Jan 26, 2018
Zhu Dan & Yang Jie