The Digital Source For China's Tech Innovation Since 2000

Search
Close

China $9 billion IPO plans stalled amid COVID outbreak 24HTECH.ASIA

April 1, 2022
Source: 24htech.asia 24htech.asia
News Snapshot:
ETtechShanghai: A wave of Chinese companies have halted domestic listing plans, filings show, as the country’s biggest coronavirus outbreak in two years hampered due diligence and information gathering, affecting an estimated $9 billion-plus in fundraising. Over the past week, 15 companies seeking initial public offerings (IPOs) on Shanghai’s tech-focused STAR Market have suspended applications, almost all citing the impact of the epidemic, exchange filings showed. The city started lockdowns on Monday. In Shenzhen, which conducted three rounds of mass testing in March, 67 IPO applicants have suspended the listing process this month, citing the need to update disclosure to regulators,...
Go To Original Source →
Tags: applications | ASIA | capital | China | Chinese | communications | coronavirus | Covid-19 | currency | Guangdong | ipo | IT | listing | media intelligence | News Media | newspaper | online | Renminbi | Shanghai | Shanghai Stock Exchange | share | Shenzhen | stock exchange | technology | Yuan

Other Related News:

Is the United States bill seeking to Ban Chinese CBDC Digital Yuan?

May 29, 2022

Chinese Hack of U.S. Agency Ends In Multimillion Dollar Settlement

May 29, 2022

‘Everything Kim said was a lie; Bought the vaccine from China; 1.6 crore mask ‘ Kim Jong Un Social media

May 29, 2022

China-US relations not zero-sum game: Chinese FM

May 29, 2022

Day in the Life: Follow Serial Entrepreneur Kevin Poon as He Installs an Art Show at a Restaurant and Browses Art Basel Hong Kong

May 29, 2022

Hong Kong policeman held for drink-driving after Tesla allegedly hits man

May 29, 2022

Captain Lee Geun, a South Korean Internet celebrity, returns to China to heal his wounds and hopes to return to the battlefield in Ukraine.

May 29, 2022

Europe DNA Extractor Market to Show Outstanding Growth by 2026 Profiling Global Players- Autogen, Bee Robotics, Hangzhou Bioer Techonology, Seegene? Gilson, PerkinElmer

May 29, 2022

China Southern Power, CAICT and Huawei Release 5G VPP Security White Paper – Huawei

May 29, 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....