Stock exchanges in China

HUTCHMED Announces Selection of Its Shares in the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect Programs

Retrieved on: 
Monday, September 6, 2021

HONG KONG and SHANGHAI, China and FLORHAM PARK, N.J., Sept. 06, 2021 (GLOBE NEWSWIRE) -- HUTCHMED (China) Limited ( HUTCHMED ) (Nasdaq/AIM: HCM; HKEX: 13) today announces that the Companys ordinary shares, which trade on The Stock Exchange of Hong Kong Limited (HKEX), are included in the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect programs, effective on September 6, 2021, according to announcements issued by the Shanghai Stock Exchange and the Shenzhen Stock Exchange.

Key Points: 
  • HONG KONG and SHANGHAI, China and FLORHAM PARK, N.J., Sept. 06, 2021 (GLOBE NEWSWIRE) -- HUTCHMED (China) Limited ( HUTCHMED ) (Nasdaq/AIM: HCM; HKEX: 13) today announces that the Companys ordinary shares, which trade on The Stock Exchange of Hong Kong Limited (HKEX), are included in the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect programs, effective on September 6, 2021, according to announcements issued by the Shanghai Stock Exchange and the Shenzhen Stock Exchange.
  • The Stock Connect programs allow international and Mainland Chinese investors to trade securities in each other's markets through the trading and clearing facilities of HKEX, Shanghai and Shenzhen Stock Exchanges.
  • Qualified Mainland Chinese investors can access eligible Hong Kong shares (Southbound), while Hong Kong and overseas investors can trade eligible A shares (Northbound), subject to specified daily quotas.
  • Inclusion in the Hang Seng Composite Index is a key requirement for the Stock Connect scheme.

Qiming's Portfolio Company Fanli.com Goes Public on Shanghai Stock Exchange

Retrieved on: 
Wednesday, April 28, 2021

b'SHANGHAI, April 28, 2021 /PRNewswire/ -- Qiming\'s portfolio company Fanli.com went public today on Shanghai Stock Exchange via a reverse merger with Jiangxi Changjiu Biochemical (SHSE: 600228).

Key Points: 
  • b'SHANGHAI, April 28, 2021 /PRNewswire/ -- Qiming\'s portfolio company Fanli.com went public today on Shanghai Stock Exchange via a reverse merger with Jiangxi Changjiu Biochemical (SHSE: 600228).
  • Qiming owns 4.48% of the company after the public listing.\nThe listing of Fanli.com is the sixth public listing in the Qiming portfolio in 2021 and the 18th public listing since 2020.\nFounded in 2006, Fanli.com is a leading third-party online shopping guide platform in China, providing shopping guidance, advertising promotion and technical services to customers and merchants.
  • As of June 30th, 2020, Fanli.com has more than 260 million registered users across the App, website and WeChat mini program.
  • Over 130 companies are already listed on NYSE, NASDAQ, HKEx, Gretai Securities Market, Shanghai Stock Exchange and Shenzhen Stock Exchange, or achieved exit through M&A and other means.

Qiming's Portfolio Company Zhihu Lists on New York Stock Exchange

Retrieved on: 
Saturday, March 27, 2021

SHANGHAI, March 26, 2021 /PRNewswire/ -- Qiming Venture Partners' portfolio company Zhihu (NYSE: ZH) on March 26th EST listed on the New York Stock Exchange.

Key Points: 
  • SHANGHAI, March 26, 2021 /PRNewswire/ -- Qiming Venture Partners' portfolio company Zhihu (NYSE: ZH) on March 26th EST listed on the New York Stock Exchange.
  • With its product launched in January 2011, Zhihu empowers people to share knowledge, experiences and insights, and to find their answers.
  • The listing of Zhihu is the fourth IPO in the Qiming portfolio in 2021.
  • Over 130 companies are already listed on NYSE, NASDAQ, HKEx, Gretai Securities Market, Shanghai Stock Exchange and Shenzhen Stock Exchange, or achieved exit through M&A and other means.

AXT Announces Strategic Plan to Access China’s Capital Markets

Retrieved on: 
Monday, November 16, 2020

AXT will seek to list shares of Tongmei on the Shanghai Stock Exchanges Sci-Tech innovAtion boaRd (the STAR Market), an exchange intended to support innovative companies in China.

Key Points: 
  • AXT will seek to list shares of Tongmei on the Shanghai Stock Exchanges Sci-Tech innovAtion boaRd (the STAR Market), an exchange intended to support innovative companies in China.
  • The process of going public on the STAR Market includes several periods of review and, therefore, is a lengthy process.
  • The listing of Tongmei on Chinas STAR market will not change the status of AXT, Inc. as a U.S. public company.
  • The first major step in this process is engaging reputable private equity firms in China to invest funds in Tongmei.

ACM Research Announces Approval of Proposed Listing of Shares of ACM Research (Shanghai) by the Listing Committee for the Shanghai Stock Exchange STAR Market

Retrieved on: 
Thursday, October 1, 2020

FREMONT, Calif., Oct. 01, 2020 (GLOBE NEWSWIRE) -- ACM Research, Inc. (ACM) (NASDAQ: ACMR), a leading supplier of wafer cleaning technologies for advanced semiconductor devices, today announced the approval of the proposed listing of shares of ACM's principal operating subsidiary ACM Research (Shanghai), Inc. (ACM Shanghai) by the Listing Committee for the Shanghai Stock Exchange STAR Market.

Key Points: 
  • FREMONT, Calif., Oct. 01, 2020 (GLOBE NEWSWIRE) -- ACM Research, Inc. (ACM) (NASDAQ: ACMR), a leading supplier of wafer cleaning technologies for advanced semiconductor devices, today announced the approval of the proposed listing of shares of ACM's principal operating subsidiary ACM Research (Shanghai), Inc. (ACM Shanghai) by the Listing Committee for the Shanghai Stock Exchange STAR Market.
  • In May 2020 ACM Shanghai submitted its application for an initial public offering of its shares on the STAR Market.
  • On September 30, 2020, the application was approved by the Listing Committee of the STAR Market.
  • The STAR Market listing of ACM Shanghais shares remains subject to submission of formal registration and to review and approval by the China Securities Regulatory Commission.

Daqo New Energy's Subsidiary Xinjiang Daqo Submits Application Documents for Initial Public Offering on China's STAR Market

Retrieved on: 
Friday, September 11, 2020

In June 2020, Daqo New Energy announced its intention to list the shares of Xinjiang Daqo on the Shanghai Stock Exchange's Sci-Tech innovation board (the "STAR Market"), a stock exchange intended to support innovative companies in China.

Key Points: 
  • In June 2020, Daqo New Energy announced its intention to list the shares of Xinjiang Daqo on the Shanghai Stock Exchange's Sci-Tech innovation board (the "STAR Market"), a stock exchange intended to support innovative companies in China.
  • According to Xinjiang Daqo's relevant initial public offering documents, it plans to issue at least 286,764,706 shares, accounting for approximately 15.00% of its total share capital after the offering.
  • Following this initial public offering, the Company would hold approximately 81.26% of Xinjiang Daqo's shares.
  • The completion of the proposed initial public offering of Xinjiang Daqo is subject to the review process by the Shanghai Stock Exchange and the registration process by the China Securities Regulatory Commission.

ACM Research Announces Additional Equity Investments in ACM Research (Shanghai), Inc.

Retrieved on: 
Monday, December 16, 2019

FREMONT, Calif., Dec. 16, 2019 (GLOBE NEWSWIRE) -- ACM Research, Inc. (ACM) (NASDAQ: ACMR), a leading supplier of wafer cleaning technologies for advanced semiconductor devices, today announced that it has completed a second tranche of private equity investments in its principal operating subsidiary, ACM Research (Shanghai), Inc. (ACM Shanghai), totaling RMB 228.2 million ($32.4 million at current exchange rates).

Key Points: 
  • FREMONT, Calif., Dec. 16, 2019 (GLOBE NEWSWIRE) -- ACM Research, Inc. (ACM) (NASDAQ: ACMR), a leading supplier of wafer cleaning technologies for advanced semiconductor devices, today announced that it has completed a second tranche of private equity investments in its principal operating subsidiary, ACM Research (Shanghai), Inc. (ACM Shanghai), totaling RMB 228.2 million ($32.4 million at current exchange rates).
  • The financing was completed in support of ACM Shanghais plan to list its shares on the Shanghai Stock Exchanges Sci-Tech innovAtion boaRd, known as the STAR Market.
  • Plans remain on track to submit, by mid-2020, ACM Shanghais application for an initial public offering of its shares on the STAR Market.
  • Together with the investments announced this past June, these investments bring the total amount invested in ACM Shanghai to RMB 416.1 million ($59.2 million), which represents an 8.3% redeemable non-controlling interest in our principal operating subsidiary.

OneSmart Announces Appointment of New Independent Director

Retrieved on: 
Wednesday, January 30, 2019

SHANGHAI, Jan. 30, 2019 /PRNewswire/ -- OneSmart International Education Group Limited (NYSE: ONE) ("OneSmart" or the "Company"), a leading diversified premium K-12 education company in China, today announced the appointment of Dr. Yan Gong as an independent director, effective from February 1, 2019.

Key Points: 
  • SHANGHAI, Jan. 30, 2019 /PRNewswire/ -- OneSmart International Education Group Limited (NYSE: ONE) ("OneSmart" or the "Company"), a leading diversified premium K-12 education company in China, today announced the appointment of Dr. Yan Gong as an independent director, effective from February 1, 2019.
  • He currently serves as an independent director at Giant Network Group Co. Ltd. (Shenzhen Stock Exchange: 002558) and Jack Sewing Machine Co. Ltd. (Shanghai Stock Exchange: 603337).
  • "I'd like to warmly welcome Dr. Gong to the Board," commented Mr.Steve Xi Zhang, Chairman and Chief Executive Officer of OneSmart.
  • Founded in 2008 and headquartered inShanghai, OneSmart International Education Group Limited is a leading diversified premium K-12 education company inChina.