Stocks
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Display maker Royole reportedly shelves plans for US IPO, considers China IPO
Chinese flexible display maker Royole is considering an IPO in China, while its original plans for a U.S. launch are on hold, Bloomberg reported citing people with knowledge of the matter.
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Luckin Coffee to halt trading on June 29, shares plunge 51%
Luckin Coffee announced today that it has decided to withdraw its previous request for a hearing and that trading in the company's stock will be suspended at the opening of trading on June 29, 2020.
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NetEase said to have applied for a listing in Hong Kong
NetEase has secretly applied for a listing in Hong Kong, Bloomberg reported citing sources close to the matter.
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UOS parent firm warns of risks after stocks surge more than 700%
After rising by the daily limit of 10% yesterday, the stock price of Shenzhen-listed ArcherMind Technology has soared 720% since October last year. On the evening of February 19, it had to issue an announcement announcing eight major operational risks to remind investors.