The Digital Source For China's Tech Innovation Since 2000

Search
Close

US$1b Hong Kong IPO stalls on vetting

July 30, 2021
Source: thestandard.com.hk thestandard.com.hk
News Snapshot:
WM Tech's planned US$1 billion (HK$7.8 billion) initial public offering in Hong Kong is facing delays as the city's bourse questions the supermarket owner on its business operations. The Beijing-based company behind the Wumart chain and Metro AG's outlets in China is addressing queries Hong Kong Exchanges and Clearing (0388) raised during the IPO vetting process, the people said. Separately, the planned US IPO of Beijing DMall has also come to a standstill, according to people familiar with the matter. The online retail service provider is controlled by Zhang Wenzhong, the chairman and founder of WM Tech. Dmall provides retail...
Go To Original Source →
Tags: Beijing | Business | chairman | China | digital | e-commerce | Founder | Hong Kong | initial public offering | ipo | IT | KONG | Metro | online | online retail | retail | revenue | service | Software | standard | supermarket | technology

Other Related News:

Indonesia’s ‘polygamous’ game in dealing with China and the US

August 8, 2022

China and Taiwan Play High-seas ‘Cat and Mouse’ Game as Military Drills Wrap Up

August 8, 2022

Apple will start iPhone 14 production in India at same time as China: Ming-Chi Kuo TECHTELEGRAPH

August 8, 2022

What Putin and China just did to the WEF is a game changer Redacted with Clayton Morris

August 8, 2022

A Game of Trips, Chips, and Ships: Pelosi in Taiwan?

August 8, 2022

Apple asks suppliers in Taiwan to label products as made in China – report News Anygator.com

August 8, 2022

Chinese electric car maker BYD exports SUVs to Oz

August 8, 2022

Taiwan tensions threaten supply of semiconductors

August 8, 2022

Apple asks suppliers in Taiwan to label products as made in China – report

August 8, 2022
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
Menu
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2022 ChinaTechNews.com. A Service of Asia Media Network.
Twitter
Posting....