Shein’s platform exports exceeded US$14.5 billion in 2025. (Reuters pic) BEIJING: Fashion titan Shein has won approval from China’s market watchdog for its initial public offering application in Hong Kong, the China Securities Regulatory Commission (CSRC) said in a statement on Friday. Shein’s plan to sell up to 341.6 million shares and list on the…
This April 10, 2026, photo shows Exchange Square, which houses Hong Kong Exchanges and Clearing Ltd, in the Central financial district of Hong Kong. (SHAMIM ASHRAF / CHINA DAILY) HONG KONG – The Hong Kong Exchanges and Clearing Limited (HKEX) on Tuesday announced that funds raised through initial public offerings (IPOs) in the first half…
There are many disconnects in financial markets. One of them is Japan’s benchmark 10-year bond yield, which currently stands at just 2.7 per cent despite the country’s large public debt burden – more than 240 per cent of economic output. Although Japanese bond yields have risen sharply in the past three years, the 10-year yield…
A large number of mainland Chinese companies hoping to list shares on the Hong Kong stock exchange are anxiously waiting for a nod from the mainland securities regulator, with many now at risk of having their listing applications lapse. More than 430 companies were currently waiting in the initial public offering (IPO) pipeline, according to…
The logo of Hong Kong Exchanges and Clearing Ltd (HKEX) flashes on an electronic board as people walk in front of Exchange Square, which houses HKEX, on April 10, 2026. (SHAMIM ASHRAF / CHINA DAILY) Hong Kong share sales surged to a five-year high in the first half of 2026 as investor enthusiasm around the…
DSC Holdings, a China-based provider of operating systems and transaction services for used car dealers, raised $51 million by offering 3 million ADSs at $17, within the $16 to $18 range. An existing shareholder had indicated on $30 million worth of ADSs in the offering (59% of the deal). DSC Holdings provides digitalization tools…
This article provides commentary on the consultation launched by Hong Kong Exchanges and Clearing Limited (HKEX) in March 2026 to solicit market feedback on its proposed reforms aimed at strengthening the listing framework of its subsidiary, the Stock Exchange of Hong Kong (SEHK). Weighted voting rights The HKEX has proposed enhancements to the listing regime…
LanzaTech JV raises about $75M in Hong Kong IPO Proactive uses images sourced from Shutterstock A joint venture part-owned by LanzaTech Global, Inc. (NASDAQ:LNZA) raised roughly $75 million in gross proceeds through an initial public offering on the Hong Kong Stock Exchange, the carbon management company said Wednesday. Beijing Shougang LanzaTech Technology Co., Ltd., a…
People walk in front of the Exchange Square, which houses Hong Kong Exchanges and Clearing Ltd, in the Central financial district of Hong Kong, April 10, 2026. (SHAMIM ASHRAF / CHINA DAILY) Vietnamese diagnostic testing startup Gene Solutions is preparing for a Hong Kong initial public offering as early as the second quarter of next…
Cerebras, an AI chipmaker, saw its shares nearly double on Nasdaq, closing up 70% with a $95B market cap. Cerebras’s powerful chips are key in the US-China AI tech race. Chris Buskirk, co-founder and chief investment officer of 1789 Capital, a key Cerebras investor, says the company’s IPO is geopolitically significant. On Thursday, shares of…