Tuya Seeks Hong Kong IPO to Hedge U.S. Delisting Risk, But Investors Are Wary
With the possibility of being forced to delist from the U.S. market by the SEC, Tuya is primarily seeking a safe harbor and only aims to raise a conservative HK$140…
Investors Unfazed as TAL Education Added to List of Chinese Firms at Risk of Delisting
The education company’s shares fell 1.6% after it was cited by the U.S. securities regulator for non-compliance with the Holding Foreign Companies Accountable Act Key Takeaways: The U.S. Securities and…
FAST NEWS: Hutchmed Receives Additional Holdings from U.S. Fund
The latest: The Capital Group Companies, Inc., a U.S.-based fund disclosed it purchased 1.285 million shares in Hutchmed (China) Ltd. (HCM.US; 0013.HK) for HK$22.14 million ($2.84 million), raising its stake…
FAST NEWS: Luckin Coffee Denies Hong Kong Listing Plan
The latest: Chinese coffee chain Luckin Coffee Inc. (LKNCY.US) said in a statement Monday that it is not seeking a Hong Kong listing at this time, refuting a media report…
FAST NEWS: Qudian Regains Compliance With New York Listing Rules
The latest: Online lender Qudian Inc. (QD.US) said on Thursday it has regained compliance with New York Stock Exchange listing rules, after its average closing price for the last 30…
FAST NEWS: Property Platform KE Holdings to Make Second Primary Listing in Hong Kong
The latest: Chinese real estate platform KE Holdings Inc. (BEKE.US; 2423.HK) announced Thursday it will make a second primary listing for its Class A ordinary shares on the Hong Kong…
DiDi’s Delisting Plan Just the Start of a Tough Road Ahead
The company often called China’s Uber will convene a shareholder meeting on May 23 to vote on a plan to delist from New York less than a year after its…
