SenseTime Receives Regulatory Approval for Hong Kong IPO
Artificial intelligence company SenseTime is now ready to go public as it plans toward its Initial Public Offering.
Alibaba’s Hong Kong Debut Is World’s Largest Listing in 2019
Alibaba’s Hong Kong listing surpassed other large stock sales this year, ranking ahead of Uber’s $8.1 billion IPO. Shares of the e-commerce firm closed up at $23.97 on their first day.
China’s Bitcoin Mining Firm Canaan Manages to Raise Only $90 Million through IPO
As per its previous plans, Canaan was looking to raise anywhere around $400 million but fell short by 75% of its target.
Alibaba Set to Raise Close to $14 Billion from Upcoming Hong Kong Listing
By Tolu Ajiboye
Alibaba will soon go public on the Hong Kong Stock Exchange (HKEX) and has set its share price at HK$188. The company plans to sell a total of 500 million ordinary shares in the Hong Kong listing
Ousted Bitmain Co-Founder Micree Zhan Is Ready to Fight for the Company with Legal Weapons
By Tolu Ajiboye
Ousted Bitmain co-founder Michree Zhan has threatened to seek legal redress to retain his position as co-founder of the company.
Hong Kong Stock Exchange Ruins Bitmain’s Plans for an IPO
Due to the extremely high volatility and bearish market trends, the HKEX is reluctant to list crypto companies and doesn’t want to approve Bitmain’s IPO.