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WeRide Drives Into Uber Partnership, As U.S. Listing Plan Idles
Friday, September 27, 2024 - 9:26am | 1339Key Takeaways: WeRide and Uber have launched a partnership starting in the UAE, which will see Uber app users get the option of ordering rides in WeRide’s robotaxis by year-end WeRide halted its $400 million U.S. listing at the 11th hour in August, but could try to relaunch it by year-...
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Chinese Securities Regulator Puts Lid On Hong Kong IPO Tea Party
Tuesday, September 24, 2024 - 11:16am | 1247Key Takeaways: China’s securities regulator has effectively halted new Hong Kong listings of Chinese bubble tea makers by suspending its approval of such IPOs, according to Reuters The move could signal a more aggressive approach by the CSRC in regulating which Chinese companies can list in...
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China-U.S. IPO Train Creeps Ahead With First New Listing Application
Monday, July 31, 2023 - 10:44am | 1278Key Takeaways: China’s securities regulator said it has received an application from Majestic Ideal Holdings for a U.S. listing The notice could indicate a 2-year-old pause in new U.S. listings by Chinese companies could end soon, potentially unleashing billions of dollars in new IPOs By...
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China Securities Watchdog Seeks Communication With U.S. On IPOs
Sunday, August 1, 2021 - 12:33pm | 261The China Securities Regulatory Commission (CSRC) has said that it will initiate talks with its U.S. counterpart and support overseas listings after the U.S. Securities and Exchange Commission halted the initial public offerings of Chinese companies, Reuters reports. The CSRC is...