SHANGHAI - China’s newly-created mini-IPO market kicked off trading on Monday in a frenzy as circuit breakers were triggered for both surging and slumping stocks on their debuts.
Zhou Yunnan, a veteran investor on the New Third Board, home to mostly small, private firms, said he was surprised by the price action.Trading in the 32 companies, which debuted after raising a combined 9.5 billion yuan via the first batch of initial public offerings on the New Third Board, was characterised by heavy volumes and volatility.
The New Third Board is also designed to become a feeder for bigger stock markets, including Shanghai’s STAR Market, and Shenzhen’s ChiNext, as regulators seek to build a multi-tiered capital market.
Not for me it’s not.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
European stocks set to inch higher with U.S.-China tensions, China data in focusEuropean markets are set to open fractionally higher on Monday as investors continue to watch rising diplomatic tensions between the U.S. and China, while corporate earnings season gathers momentum. red index monday , sp500 dow jons , nasdaq
Source: CNBC - 🏆 12. / 72 Read more »
Startups are looking to bypass traditional the IPO process - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Bill Ackerman is a total stud!
Source: BusinessInsider - 🏆 729. / 51 Read more »
SAP Plans To Spin Out Qualtrics, Its $8 Billion Acquisition From 2018, For An IPOTwenty months after SAP swooped in and acquired Qualtrics for $8 billion as it was on the cusp of an IPO, the experience management software company may be going public after all. alexrkonrad Exposure if qualtricsxm and Ceo Smiths strong ties and affiliation with a religion and university that harbors strong anti lgbtq positions is sure to challenge the companies success. This religion and university also have a history of racist sentiments. Smith donate $ to both. alexrkonrad I will do business cards postcards, recipe cards
Source: Forbes - 🏆 394. / 53 Read more »
SAP Plans To Spin Out Qualtrics, Its $8 Billion Acquisition From 2018, For An IPOTwenty months after SAP swooped in and acquired Qualtrics for $8 billion as it was on the cusp of an IPO, the experience management software company may be going public after all.
Source: Forbes - 🏆 394. / 53 Read more »