China Mobile said in a prospectus it plans to sell up to 845 million shares at 57.58 yuan apiece, raising over 48 billion yuan ($8.8bn) before an over-allotment option is exercised.
Asian stocks and oil prices sank Monday on fears about the surge of Omicron coronavirus cases after the future of US President Joe Biden's massive social spending bill was thrown into doubt
The company has retained its goal of selling 1.5 billion shares but will now rely on cornerstone investors to buy $511 million, or around 67%, of shares, according to regulatory filings on Monday
Caina Technology, YiDong Electronics Technology and Ningbo Tianyi Medical Appliance will be listed on the Shenzhen Stock Exchange
Four Chinese companies are listed in UK under the Shanghai-London Stock Connec but no UK-listed firms have sold CDRs in China
SPACs will be allowed to list in Hong Kong from next year the stock exchange operator said on Friday. It hopes to attract listings from mainland China-based investors, market participants say
Regulators are mulling new rules for offshore listing plans by Chinese firms with VIE structures, while analysts expect dozens of US-listed firms to list in Hong Kong also
Asset manager could be valued at about $10 billion as net income reached $1.7 billion for the nine months ended September 30
The San Francisco-based firm had retail investors flocking to its message boards for tips on trading GameStop and other meme stocks
Wang Chaoyong, whose firm manages of more than $1.7 billion in assets, was sought by police on November 30 in Beijing
Shares of AMC Entertainment, a hyped "meme stock" pushed by Reddit investors, closed higher on Tuesday after a sharp decline this month helped short sellers recoup more than $1 billion.
Uber has had its best week ever in terms of gross bookings - but overall ride-hail trips remained around 10% below pre-pandemic levels, its CEO said