STOCKS NEWS
  • Chinese stocks closed higher Wednesday with the benchmark Shanghai Composite Index up 1.43 percent, at 3,655.09 points, wrapping up the lunar year on an upbeat note.China"s stock market posted solid growth in the Year of the Rat, with two major bourses -- the benchmark Shanghai Composite Index and the Shenzhen Component Index -- gaining nearly 20 percent and more than 40 percent, respectively.The ChiNext Index, tracking China"s NASDAQ-style board of growth enterprises, surged more than 70 percen
    2021-08-21
  • Cloopen Group Holding, a leading multi-capability cloud-based communications solution provider in China, started trading on the New York Stock Exchange Tuesday, with the shares skyrocketing on its initial public offering (IPO) day.The company, trading under the ticker symbol of "RAAS," announced the pricing of its IPO of 20 million American depository shares (ADSs), at 16 U.S. dollars per ADS for a total offering size of approximately 320 million dollars, assuming the underwriters do not exercis
    2021-08-21
  • China"s National Equities Exchange and Quotations (NEEQ), also known as the "new third board," has seen a turnover of 13.26 billion yuan (about 2.05 billion U.S. dollars) so far this year.From Feb. 1 to Feb. 5, its turnover reached about 2.55 billion yuan.Launched in 2013, the NEEQ intends to offer small and medium-sized enterprises a new financing channel with low costs and simple listing procedures.China has outlined a series of reforms to better orient the NEEQ to the needs and features of sm
    2021-08-21
  • China"s securities regulator on Friday approved merging the Shenzhen Stock Exchange"s main board with the SME (small and medium-sized enterprises) board.The merger will follow the general principles of unifying business rules and unifying operation supervision modes, with issuance and listing conditions, investor thresholds, trading mechanisms, and stock codes and abbreviations remaining unchanged, said Pi Liuyi, an official with the China Securities Regulatory Commission.Involving only adjustme
    2021-08-21
  • Video sharing app Kuaishou Technology went public on the Hong Kong stock market on Friday.Shares of Kuaishou opened at 338 Hong Kong dollars (about 43.6 U.S. dollars) in the morning session, up significantly from its offer price of 115 Hong Kong dollars (14.8 dollars).As the first short-video platform going public in Hong Kong, Kuaishou is expected to raise about 41.28 billion Hong Kong dollars through its initial public offering (IPO), the highest since November 2019 when Alibaba"s secondary li
    2021-08-21
  • 12 stocks in Shanghai-HK bridge to boost equity-market environmentInclusion of STAR Market stocks in the Shanghai-Hong Kong stock connect program will help further improve the trading environment and spur the country"s capital market opening-up, said experts.Twelve companies listed on the technology-heavy STAR Market on the Shanghai Stock Exchange have been included in the stock connect program from Monday.In a break with the past, global institutional investors can now invest in these companies
    2021-08-21
  • Kuaishou Technology said on Tuesday that it plans to raise as much as HK$42 billion ($5.42 billion) via its initial public offering on the Hong Kong bourse, as the short video company is speeding up monetization efforts amid rising competition from its peer Douyin, an app developed by Beijing Byte-Dance Technology.Kuaishou has priced its IPO on the Hong Kong stock exchange, and will issue 365.2 million shares each priced between HK$105 and HK$115, according to a prospectus released by the compan
    2021-08-21
  • Chinese A-share assets are likely to continue outperforming most overseas equities in 2021, thanks to the country"s robust economic recovery and the inflow of capital from foreign investors and domestic residents, experts said on Thursday.The CSI 300 index, a benchmark of the A-share market, has climbed 6.79 percent since the beginning of 2021 to Thursday"s close at 5564.97 points, trading around its highest level in 13 years and outrunning the S&P 500"s 2.55-percent rise this year as of Wednesd
    2021-08-21
  • Hong Kong"s capital markets remained resilient despite challenges last year and in many ways came out of 2020 stronger than ever, Laura Cha Shih May-lung, chairperson of Hong Kong Exchanges and Clearing Limited (HKEX), said Monday."Hong Kong"s role as an international financial center connecting mainland ... and the rest of the world will be more relevant than ever despite significant market volatility around the globe," the chairperson said when speaking at an online financial forum.She attribu
    2021-08-21
  • CDR plan follows solid PC sales during COVID; proceeds for R&D, investmentsShares of Chinese mainland technology heavyweight Lenovo Group Ltd on the Hong Kong bourse jumped nearly 10 percent to HK $8.83 ($1.14) on Wednesday, after the company said it planned to issue Chinese depositary receipts on the STAR Market in Shanghai.The Shanghai Stock Exchange"s Science and Technology Innovation Board is also known as the STAR Market.Lenovo"s CDR plan came on the heels of strong sales of personal comput
    2021-08-21
  • Qilian International Holding Group Limited, a China-based pharmaceutical and chemical products manufacturer, made its public debut on Nasdaq Global Market on Tuesday under the ticker symbol QLI.The deal involved 5 million ordinary shares at a price of 5 U.S. dollars per share, according to the company"s prospectus.The company expects to receive aggregate gross proceeds of 25 million dollars from its initial public offering (IPO) before fees. The company has granted the underwriters a 45-day opti
    2021-08-21
  • The planned delisting of three Chinese telecom companies by the New York Stock Exchange under a US government order will have a limited impact on their operations, but will harm global investor confidence in the United States as an important financial hub, officials and analysts said.The comments came after the NYSE said on its official website on Thursday that to comply with a US government order, it planned to commence proceedings to delist China Telecom Corp Ltd, China Mobile Ltd and China Un
    2021-08-21
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  • company_name : Shenzhen Consys Science&Technology Co., Ltd. . Date : 2004-02-27 . listing_date : 2020-10-22 . Stock_code : 688788.SH . stock_market : sh . address : 5/F, Avionics Engineering R&D Building, No. 7, Langshan Road, Gaoxin North District, Xili Street, Nanshan District, Shenzhen, Guangdong Province, China . zip : 518057 . phone : 86-755-86111131*8858 . fax : 86-755-86111130 . site : www.consys.com.cn .
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