An industry body has reportedly represented to the CSRC that global banks need more clarity on its new rules for domestic companies seeking overseas IPOs.
January 26, 2022The SPAC listing application was made by Aquila Acquisition Corporation, whose ultimate parent is China Merchant Bank.
January 20, 2022Prospectuses have been filed by Vertex Technology Acquisition Corporation, Pegasus Asia, and Novo Tellus Capital Partners.
January 12, 2022Greater flexibility is provided for investments in IPO stocks, low-unrated and rated and unrated bonds, and CoCo and TLAC bonds.
January 10, 2022Anchor investors can only sell 50 percent of their allocated shares after 30 days. The remaining portion has a 90-day lock-in period.
January 7, 2022The JSDA will propose that IPO subscriptions be allowed during book-building, rather than having investors wait until the offer price is determined.
January 4, 2022The relaxed rules allow firms to fulfil other qualifications in lieu of the existing net tangible assets requirements for listing.
December 28, 2021Continued regulatory scrutiny from Chinese and US regulators has reportedly compelled US exchanges to explore IPO hopefuls from India, Indonesia, Vietnam and Malaysia.
December 24, 2021The move is aimed at incentivising domestic tech firms to list on the IDX to deepen the capital market and make it more attractive to investors.
December 15, 2021The US Treasury placed Chinese AI firm SenseTime on an investment blacklist just as the company was preparing to list in Hong Kong.
December 14, 2021