All posts tagged "IPO"
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320ChinaChina Government Probes Ant Group IPO Approval Process
Ant Group founder Jack Ma and his relationships with state firms and local officials are also being examined as part of the government’s investigation.
April 29, 2021 -
446China
Regulators Order Ant Group to Establish Financial Holding Company
Ant Group will have to accept greater regulatory supervision, improve its corporate governance, and separate some of its businesses.
April 13, 2021 -
443ChinaJD Digits to Set Up Financial Holding Company: Report
The financial holding company will be separate from JD Digits’ other technology businesses, and is aimed at achieving compliance with new rules for China’s fintech sector.
April 13, 2021 -
322KoreaKRX Seeks Introduction of Dual-Class Share System
A dual-class share system would help more unicorns to consider listing in the local market, KRX chairman Sohn Byung-doo says.
April 8, 2021 -
206Asia-PacificPSE Proposes to Exempt AIFs from Lock-up Rules
Currently, alternative investment funds that acquired shares 180 days before an IPO are subject to a 365-day lock-up period.
April 2, 2021 -
477Securities & TradingSGX Opens Consultation on SPACs Listing Framework
At least 90 percent of IPO proceeds will have to be placed in escrow pending a SPAC's acquisition of a target company.
April 2, 2021 -
320Asia-Pacific
PSE Proposes Tighter Rules for Listings via Reverse Takeover
Companies will be required to conduct a public offering of at least 10 percent of their shares within one year from closing a transaction that results in a backdoor listing.
March 18, 2021 -
265Asia-Pacific
PSE Proposes Alternative Listing Option for Businesses
The new rule will allow businesses to raise funds on the exchange by listing their preferred shares without listing their common shares.
March 17, 2021 -
387China
Ant Group Imposes Self-Discipline Rules, CEO Resigns
The self-discipline financial rules apply to Ant Group’s wealth management, insurance, consumer loans, small-and-micro-business loans and credit-scoring businesses,
March 17, 2021 -
528ChinaCSRC Fines Fund Manager ¥1.1m for Fraud, Embezzlement
Cornerstone Capital's controlling shareholder was also fined for fabricating the financials of funds managed by the firm.
March 17, 2021
