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CHINA MOBILE DELISTING
China's WeRide targets about $308 million in HK listing: ReportWeRide plans to price its Hong Kong share sale at HK$27.10 per share and raise HK$2.39 billion ($307.7 million) from the listing. The Guang...- China's Didi Q2 revenue grows as regulatory curbs easeRevenues at China's Didi Chuxing rose 52.6% for the April-June quarter from a year earlier to 48.8 billion yuan ($6.65 billion, as the ride...
- China's Didi Q2 revenue grows as regulatory curbs easeThe company, launched in Beijing in 2012 and backed by prominent investors including Alibaba, Tencent and SoftBank Group, ran afoul of regu...
- China's Didi sees 2022 revenue hit by Covid, net loss narrowsChina imposed stringent COVID restrictions across the country last year that had hammered its economy. It lifted those restrictions in Dece...
- Five Chinese state-owned companies to delist from NYSEThe companies, which also include Aluminium Corporation of China (Chalco), PetroChina and Sinopec Shanghai Petrochemical Co, said in separa...
- Alibaba added to SEC's delisting watchlist, shares fallAlibaba's shares were down 11% at $89.37 at the closing bell, ending the month 21.4% lower. The e-commerce giant's shares were already feel...
- Didi sets shareholder meeting on May 23 to vote on US delisting plansDidi announced in December that it would delist from the NYSE and pursue a listing in Hong Kong after it ran foul of Chinese regulators by ...
- China Mobile to debut in Shanghai after biggest China offering in a decadeThe world's largest mobile network operator by total subscribers, China Mobile sold 845.7 million shares at 57.58 yuan ($9.06) each in Shan...
- China Mobile eyes $7.6 bn Shanghai IPO after US delistingChina's largest wireless carrier by revenue was removed from the New York Stock Exchange this year along with fellow state-owned telecoms f...
- Didi's New York exit a further blow to Chinese listings in USIndependent research analyst Mitchell Kim, who publishes on the Smartkarma platform, said that already cautious investors would become more...
- Didi shares plunge more than 20% on plan to delist from NYSEThe company's shares fell 22.17%, losing about $8.4 billion in market value. At their Friday close of $6.07, Didi shares have fallen about ...
- Cowed by Chinese regulators, Didi plans to delist from New York months after debutDidi pushed ahead with its $4.4 billion U.S. initial public offering despite being asked to suspend it while a review of the company's data...
- Timeline: Didi Global's short-lived journey as a US-listed companyDidi's decision to delist in the U.S. comes as a deepening regulatory crackdown wiped billions of dollars off the ride-hailing giant's valu...
- MSCI cuts China telcos from indexes after Trump ban; shares fallThe index provider’s decision to cut China Mobile Ltd., China Telecom Corp. and China Unicom Hong Kong Ltd. at the close of business on Fri...
- NYSE reverses again with plan to delist China telecom firmsThe exasperation reached the highest levels of the administration of President Donald Trump, who signed an executive order in November requ...
- NYSE mulls reverting to original plan to delist China sharesThe NYSE’s potential pivot follows a whirlwind 18 hours in which the exchange caught US officials off guard, with the exasperation reaching...
- NYSE scraps plan to delist shares of Chinese telecom giantsShares of China Mobile, China Telecom and Unicom rallied on the latest development, rising more than 6 per cent in Hong Kong trading.
- China says it will take action against US delisting of its telcosThe NYSE said on Thursday that it would begin delisting China Mobile, China Unicom and China Telecom in response to a decision by President...
- NYSE to delist Chinese telco giants on US executive orderThe three companies have separate listings in Hong Kong. All generate the entirety of their revenue in China and have no meaningful presenc...
- China's Luckin Coffee to delist from NasdaqLiu has been accused of faking 2.2 billion yuan ($310 million) worth of sales in 2019.
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