Big Banks Test the Waters for New China Listings With QuantaSing IPO
The adult education specialist’s IPO underwriters include Citigroup, as well as two of China’s biggest investment banksKey Takeaways:Investment banking majors Citigroup and China’s CICC and CLSA are sponsoring a new…
Early CICC Backer Trims Stake as Profit Shrinks for First Time in Six Years
Haier, which once owned about 10% of China’s oldest western-style investment bank, disclosed it has cut its stake to 6.32% Key Takeaways:Appliance giant Haier has cut its longtime stake in…
