China is about to take a major step forward in the overhaul of the country’s $12.7 trillion stock market with plans to roll out its registration-based IPO system to the country’s two biggest boards in Shanghai and Shenzhen, completing a shift that began in 2019 when the new mechanism was first used.
Link: https://www.caixinglobal.com/2023-02-03/five-things-to-know-about-chinas-latest-ipo-system-overhaul-101994188.html
Two new tech listings-autonomous vehicle sensors specialist Hesai Technology and solar technology company Nextracker-saw their stocks rise by double-digit percentages after debuting Thursday. Since 2021
Shares of solar-tracking business Nextracker Inc soared 26% in their U.S. market debut on Thursday, suggesting that the IPO market was showing signs of emerging
Brera Holdings PLC, owner of Brera Football Club, announced that its Chief Executive Officer, Sergio Scalpelli, will ring the closing bell of The Nasdaq Stock
Shares in United Internet AG’s web hosting arm Ionos SE dropped following the company’s debut on the Frankfurt Stock Exchange, the first test of the German exchange this year. Ionos fell to €18.14 at 9:20 a.m. in Frankfurt. That’s compared to a 0.8% gain in the Stoxx Europe 600 Index. That’s about half of what Ionos had originally targeted. Globally, the number of listings last year fell by almost half, according to data compiled by Bloomberg. The company, whose publicly traded peers include GoDaddy Inc. and Squarespace Inc., focuses on small and medium-sized enterprises in Europe and North America. Ionos also runs a fast-growing cloud business that competes with firms including France’s OVH Groupe SAS and New York-listed DigitalOcean Holdings Inc.. Full Story: https://www.bloomberg.com/news/articles/2023-02-08/germany-s-ionos-shares-fall-after-debut-in-quiet-ipo-market#xj4y7vzkg