Greater China
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US-listed AMTD International floated on the Singapore Exchange this week, debuting dual-class shares on the southeast Asian bourse through a secondary offering.
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WeDoctor, a Chinese healthcare app, has added Citi to the syndicate team of its Hong Kong IPO, GlobalCapital Asia understands.
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In this round-up, US president Donald Trump lashes out at the World Health Organization (WHO) for being too ‘China centric’, and the State Council plans to develop more active capital markets and promote e-commerce trades.
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Veteran capital markets banker Richard Taylor has left CLSA after more than two decades at the boutique investment bank.
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The China Securities Regulatory Commission (CSRC) is speeding up the approval process for IPOs and follow-ons for companies impacted by the Covid-19 pandemic, GlobalCapital China understands.
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A group of banks that worked on Luckin Coffee’s IPO is facing questions after an alleged multi-billion renminbi fraud came to light last week. But some of the limelight has already been drawn away by another possible fraud case in China and a controversial short report, creating wider uncertainty around US-listed Chinese stocks. Jonathan Breen and Rebecca Feng report.
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Chinese biopharmaceuticals firm Akesobio is preparing to launch bookbuilding for its IPO next week, according to a source close to the deal.
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The government’s response to the coronavirus has forced me to spend more time at home. Unfortunately, my wife is doing the same thing.
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Dr Peng Telecom & Media Group Co, a Chinese company with an international bond that falls due in two months, has told domestic investors it might not be able to redeem a Rmb1bn ($141.7m) onshore bond, after investors decided to put the deal.
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DBS’s former head of North Asia loan distribution and origination is set to join China Citic Bank International, according to multiple sources aware of the move.
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Zhejiang Geely Holding Group, a Chinese auto company, is in talks with banks for a new loan to support a planned restructuring.