Luckin Coffee Files For U.S. IPO with Total Financing of $100 Million
On April 23, Luckin Coffee, the Chinese Starbucks challenger, filed for official IPO to the U.S. Security Exchange Commission, with the ticker symbol ‘LK’.
Chinese Influencer Startup Ruhnn Went Listed on NASDAQ
On Apr. 3, Ruhnn, an Alibaba-backed Chinese influencer startup went listed on NASDAQ, with a ticker symbol of “RUHN” and issuing price of $12.5. The total financing is expected to reach $1,250 million.
A Brief Introduction to the Science and Technology Innovation Board
On Nov. 5 2018, Chinese president Xi Jinping delivered a speech at the opening ceremony of the first China International Import Expo in Shanghai. He proclaimed that the Shanghai Stock Exchange is ready to launch the “Science and Technology Innovation Board” with a registration-based system for listed companies.
Viomi Goes Public on the Nasdaq, Second U.S. IPO in the Xiaomi Ecosystem
Viomi, a smart home appliances company in the Xiaomi ecosystem, started trading on the Nasdaq Stock Market on Sept. 25 under the ticker symbol VIOT.
U.S. Initial Public Offering for the Chinese Used-Car Platform Uxin
Uxin Limited, China’s used auto e-commerce platform became publicly listed under the symbol “UXIN” on the Nasdaq Stock Market on June 27 at $9 per share. The underwriters are Morgan Stanley, Goldman Sachs, J.P. Morgan, China International Capital Corporation and China Renaissance Group.
iQIYI aims to become a Disney-scaled entertainment kingdom in 10 years
“I just saw the headlines saying that iQIYI has fought through bitter years, and I want to tell our friends at the press that it wasn’t bitter for us,” said a host from iQIYI Innovation Building in Beijing on March 29.
iQIYI to be listed on Nasdaq by end of March
On March 14, video website iQIYI, which previously announced its U.S.-based listing, set terms for its listing on Nasdaq by the end of March with the ticker symbol “IQ”.
Huami, Xiaomi’s Subsidiary, Begins IPO Roadshow in US
Bloomberg reported that Huami, Xiaomi’s subsidiary, has started its roadshow for an initial public offering in the US. Huami plans to be listed on the Nasdaq global market on February 8.