CICC tarnished by due dilligence probe
The investment banking giant is under investigation over its role in a failed public offering by chip company S2C, which was found to have inflated its pre-IPO earnings Key Takeaways: …
Crackdown on U.S.-listed Chinese Stocks Ruins Party for China Renaissance, CICC
Shares of China Renaissance dropped about 9% after its latest earnings report showed revenue dropped in the second half of 2021 as U.S. IPOs by Chinese companies dried up Key…