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Forget About Tech. Shiyue Daotian Cooks Up Hot IPO With Premium Rice
Friday, October 20, 2023 - 12:17pm | 1150Key Takeaways: Shiyue Daotian has sizzled in the week since its trading debut, as investors bet on its position as one of China’s top premium rice sellers The company’s pre-IPO backers include such big names as HongShan and Mubadala Capital, owned by Abu Dhabi’s sovereign wealth...
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Fast-Growing Rice Merchant Looks For Big Harvest With Hong Kong IPO
Wednesday, April 12, 2023 - 9:44am | 1127Key Takeaways: Internet rice merchant Shiyue Daotian is seeking to attract investors to its Hong Kong IPO with annual growth averaging 40% over the past three years The company’s latest funding earlier this year, with participation from the Abu Dhabi government, valued it at nearly $2...
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Why Rice Prices Could Shoot Up Further Despite Bountiful Production
Sunday, June 12, 2022 - 11:43pm | 428Global rice prices could climb even higher after rising for the fifth straight month to reach a 12-month high, CNBC reported on Sunday, citing industry experts. What Happened: Rising prices of other commodities and higher costs of farming put rice prices on the watchlist next despite...
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Rice Prices At Highest Levels Since 2013
Wednesday, April 8, 2020 - 10:50am | 291Rice and wheat prices are rising during the coronavirus pandemic. Rice Jumps In Price Despite Ample Supply Labor scarcity, export disruptions, panic consumer buying and crop worries from lockdowns in North America and Europe have led to price movements in rice and wheat, resulting in higher...
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Shares Of Amira Nature Foods Spiked On Thursday: Here's Why
Thursday, December 31, 2015 - 12:39pm | 151Shares of Amira Nature Foods Ltd (NYSE: ANFI), a provider of packaged Indian specialty rice and other rice-based products, surged higher by more than 11 percent on Thursday. Amira Nature Foods disclosed in a 6-K form on Wednesday that it has entered into a $92 million contract to "supply third...