A company is to be expelled from China's stock market following fraud during its IPO, the first time authorities have taken such action.
China will for the first time expel a company from its stock market for fraud in initial public offering (IPO) as authorities move to toughen regulation.
The first round of financing of new shares in A-share market for the first half of 2016 has ended. Statistics show there are 61 cases of IPOs in the A-share market in the first half with total amount of fundraising reaching nearly 30 billion yuan.
Hong Kong’s stock market’s recent volatile run has seen it edging close to bear territory, triggered by uncertainties over mainland China’s economic growth and the state of the global economy.
Fundraising by China's new IPOs in 2016 is estimated to hit 250 billion yuan ($40 billion) to 300 billion yuan this year, making the A-share IPO market the biggest one globally, accounting firm PricewaterhouseCoopers said on Monday.
Chinese lawmakers will deliberate on a registration-based stock listing, proposed by the State Council, China's Cabinet, during the legislative session which began Monday in Beijing.
An executive meeting of the State Council, or China's cabinet, passed a draft document for registration-based stock listing reforms on Wednesday.
Chinese e-commerce giant Alibaba Group on Thursday set its initial public offering (IPO) price at 68 U.S. dollars per share, setting a record-breaking IPO in U.S. history.
Chinese e-commerce giant Alibaba Group Holding Limited said Wednesday in a file to the U.S. Securities and Exchange Commission (SEC) that it plans to list its shares on the New York Stock Exchange (NYSE).
Chinese e-commerce giant Alibaba has decided to begin its initial public offering (IPO) process in the United States, the company announced Sunday.
Following another disappointing 2013 and a poor opening week in the new year, caution has become order of the day for investors and regulators of the Chinese stock market.
China may see a record high number of new stock listings in 2014 after the country's regulator resumed initial public offerings (IPOs), PricewaterhouseCoopers (PwC) said on Thursday.
The U.S. initial public offering market posted its best year in more than a decade, and the dynamism is expected to carry on in 2014, market experts told Xinhua here on Friday.
Wall Street professionals have expressed optimism about China's IPO reform plan, which ends a year-plus halt on listings, emphasizing the importance of law enforcement.
Down a record 8.26 percent -- the worst daily loss since trading started in 2009 -- 325 of 328 shares listed on the board fell, with 225 collapsing by the daily limit of 10 percent. Profit taking was triggered by suggested reform to the initial public offering (IPO) system.
China's top securities regulator on Monday unveiled and put into effect rules to allow early shareholders of a company to sell their shares during an initial public offering.
A record number of Chinese companies lining up for initial public offerings, or IPOs, have terminated their applications.