2019-07-09 15:14:00 Tue ET
stock market competition macrofinance stock return s&p 500 financial crisis financial deregulation bank oligarchy systemic risk asset market stabilization asset price fluctuations regulation capital financial stability dodd-frank
The Chinese new star board launches for tech firms to list at home. The Nasdaq-equivalent new star board serves as a key avenue for Chinese tech companies to raise funds as the stock exchange criteria are less stringent than other domestic boards. In recent years, the Chinese government encourages local tech firms to become more self-reliant in producing microchips and other core components. This new star board arises amid the current Sino-American trade escalation and recent U.S. embargo on the HuaWei supply chain of electronic imports.
As of mid-2019, the new star board has received applications from 122 tech firms. Tech companies with at least RMB$300 million ($43 million) net income can list on the new star board insofar as these companies maintain the minimum stock market capitalization of RMB$2 billion with RMB$100 million cash flows in the prior 3 years. The board is the first registration-driven IPO system that streamlines price flotation restrictions. Like Facebook, Google, Alibaba, and JD etc, Chinese tech companies with a dual-class shareholding structure are eligible to apply for public registration. Alibaba has to mull over its recent proposal to list on Hong Kong Stock Exchange several years after its blockbuster IPO on NYSE.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2020-02-19 14:35:00 Wednesday ET

The U.S. bank oligarchy has become bigger, more profitable, and more resistant to public regulation after the global financial crisis. Simon Johnson and
2022-10-25 11:31:00 Tuesday ET

Corporate investment insights from mergers and acquisitions Relative market misvaluation between the bidder and target firms drives most waves of mergers
2020-08-05 08:33:00 Wednesday ET

Business leaders often think from a systemic perspective, share bold visions, build great teams, and learn new business models. Peter Senge (2006) &nb
2019-05-21 12:37:00 Tuesday ET

Chicago finance professor Raghuram Rajan shows that free markets need populist support against an unholy alliance of private-sector and state elites. When a
2018-02-19 08:39:00 Monday ET

Snap cannot keep up with the Kardashians because its stock loses market value 7% or $1 billion after Kylie Jenner tweets about her decision to leave Snapcha
2019-04-09 11:29:00 Tuesday ET

The U.S. Treasury yield curve inverts for the first time since the Global Financial Crisis. The key term spread between the 10-year and 3-month U.S. Treasur