男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

Global EditionASIA 中文雙語(yǔ)Fran?ais
Business
Home / Business / Technology

Chinese fintech firms set for flurry of IPOs in US, HK

By Song Jingli | chinadaily.com.cn | Updated: 2017-10-26 16:20
Share
Share - WeChat

A student on the South-South Education Program of Economics and Finance chats with Ye Daqing, (right), founder of RONG360 Inc at the PBC Finance School at Tsinghua University in Beijing on June 30, 2017. [Photo provided to chinadaily.com.cn]

The phenomenon of "Chinese companies lining up for an IPO in the United States or Hong Kong" has re-surfaced recently, Tiger Brokers, an online brokerage helping Chinese investors trade US- or HK-listed stocks, told chinadaily.com.cn Thursday.

Several fintech companies in China are indeed preparing for IPO in the US or HK, Economic Information Daily also reported Thursday.

Beijing-based Jianpu Technology Inc, which is 100 percent controlled by RONG360 Inc filed its preliminary prospectus with the US Securities and Exchange Commission, without the estimated IPO price range, on Oct 20.

Jianpu said in the filing that its open platform, under the "Rong360" brand, has reached more than 56 million registered users and in the first half of 2017, over 2,000 financial service providers nationwide offered more than 100,000 financial products on the platform, including consumer and other loans, credit cards and wealth management products.

Prior to Jianpu, Chinese online small consumer credit provider Qudian Inc made its debut on the New York Stock Exchange on Oct 18. Qudian priced its IPO of 37,500,000 American depositary shares (ADSs) at $24.00 per ADS for a total offering size of about $900 million, according to Xinhua News Agency. Qudian closed at $26.39 Wednesday after diving 7.24 percent, still above its IPO price.

On Sept 28, China's internet-only insurer ZhongAn Online Property and Casualty Insurance Co Ltd went public on the Hong Kong Stock Exchange's main board after 199 million shares were offered at HK$59.7 per share, according to a China Daily report. ZhongAn's share price was trading around HK$76.7 by publishing time.

"There will be a new wave of China concept stocks after these two to three years' quietness," said Tiger Brokers research team.

The companies planning an IPO could be aided by BAT (Baidu, Tencent, Alibaba), just like ZhongAn was or in a sector whose benchmarking company has already got listed and accepted by overseas investors, according to the report.

The report further said that share price of the Chinese fintech sector's benchmarking company Yirendai, a peer-to-peer lending company, has risen more than 15 times, compared with its lowest level.

Yirendai's shares opened at $10 on Dec 18, 2015, its first trading day on the New York Stock Exchange and in following months even dropped to as low as $3.35. However, Rirendai closed at $47.1 Wednesday.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 巴彦淖尔市| 嘉荫县| 驻马店市| 文水县| 鄢陵县| 刚察县| 全椒县| 招远市| 宁国市| 防城港市| 阳谷县| 甘孜县| 岳西县| 睢宁县| 永胜县| 海林市| 鸡东县| 泰顺县| 当涂县| 鄱阳县| 鹰潭市| 饶平县| 邳州市| 宜阳县| 阳信县| 东城区| 鞍山市| 绥阳县| 方正县| 宣武区| 吉首市| 婺源县| 桃园县| 左贡县| 望城县| 永定县| 昭苏县| 吐鲁番市| 长阳| 惠水县| 江陵县|