IPO

All news and posts of our editorial team on the topic

SenseTime: new IPO attempt
After Chinese AI company SenseTime postponed its IPO on the Hong Kong Stock Exchange just last week (China.Table reported), SenseTime is planning the next attempt at its stock market debut next Monday, according to insiders. The company, which is headquartered in Hong Kong, had initially postponed its IPO in Hong Kong due to new sanctions […] continue reading →
Beijing plans to plug loopholes for overseas IPOs
Through VIE companies, Chinese firms can trade their shares on foreign stock exchanges. The authorities now plan to crack down on this. They are concerned that domestic tech companies working with sensitive data could become too international. continue reading →
DiDi withdraws from Wall Street
Chinese ride-sharing service provider DiDi Chuxing plans to withdraw from Wall Street just five months after its IPO in New York. Following the announcement, DiDi shares fell by more than 22 percent on Friday to a price of $6, significantly less than at the stock market debut at the end of June. The issue price […] continue reading →
Volvo has a strong start on the stock market
Chinese carmaker Geely has successfully floated its Swedish subsidiary Volvo on the stock market. The Volvo Car AB share rose by 23 percent to 65.20 kronor on the first day of trading. The first price was already ten percent above the issue price. The company thus raised just over two billion euros on Friday. Geely […] continue reading →
Volvo about to go public
Geely plans to list the Volvo brand on the Stockholm stock exchange in the coming weeks, Reuters has learned from three unnamed sources. According to the sources, Geely Holding is in “advanced negotiations” with financial institutes to conduct the IPO. A valuation of just under 17 billion euros is being targeted. NordLB automotive analyst Frank […] continue reading →
Beijing pledges to further open its capital markets
Following Beijing’s recent crackdown on its tech companies, education and real estate sectors (China.Table reported), Yi Huiman, head of the China Securities Regulatory Commission (CSRC) has now promised a further opening of capital markets to foreign investors. “Opening-up and cooperation is the inevitable trend in the integrated development of global capital markets,”, Yi said at […] continue reading →
Authority wants to prohibit US IPOs
Beijing is set to issue new rules to prohibit companies with large amounts of sensitive consumer data from going public in the US, according to a report. China’s stock market regulator has told companies and investors that the proposed rules are intended to block an initial public offering (IPO) of shares overseas, Bloomberg reported, citing […] continue reading →
Syngenta seeks stock market listing in Shanghai
China National Chemical Corporation (ChemChina) plans to float its Syngenta subsidiary on the Shanghai stock exchange sooner than previously planned. As the news agency Reuters has learned the agrochemical company wants to publish its stock exchange prospectus in the coming days and start trading before the end of the year. In an interview at the […] continue reading →
Didi launches successfully at stock market
Ride-hailing service Didi Chuxing made a successful debut on the Nasdaq technology exchange in New York on Wednesday. The company earned 4.4 billion dollars. Its market capitalization was just under $68 billion at the close of trading. Didi’s IPO is the second-largest by a Chinese company in the US. Online giant Alibaba had raised $25 […] continue reading →