ZURICH : Swiss agrichemicals and seeds group Syngenta has withdrawn its application to float on Shanghai's tech-focused STAR Market and will instead seek a listing on the main board of the Shanghai Stock Exchange.Thursday's step came as Syngenta sought to rescue its 65-billion-yuan ($9.4-billion) IPO, whi
ZURICH : Swiss agrichemicals and seeds group Syngenta has withdrawn its application to float on Shanghai's tech-focused STAR Market and will instead seek a listing on the main board of the Shanghai Stock Exchange.
It said it decided to switch focus following China's regulatory changes to more clearly define the roles of different stock markets. "This main board listing will enable Syngenta Group to access more diversified investors and will be conducive for the company’s long-term value."
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Hua Hong Semiconductor's $2.6 billion China listing approved by exchangeSHANGHAI : Chinese chipmaker Hua Hong Semiconductor Ltd said it had received Shanghai Stock Exchange approval for its planned $2.6 billion share listing, which is expected to be one of the country's biggest this year. Hong Kong-listed Hua Hong's plan for a secondary listing on Shanghai's STAR Market has b
Read more »
Smaller consultancies eye opportunities as China crackdown hits sector leaderSHANGHAI/HONG KONG : Smaller consultancy and due-diligence firms in China reckon they stand to gain once business returns to normal after the shock administered by Beijing's crackdown on firms supplying information deemed too sensitive to be shared with foreigners.The crackdown, which ensnared Shanghai-ba
Read more »
Observant, obedient and don’t have strong self-esteem? A woman in Shanghai is looking for youThe woman is looking for a nanny who will anticipate her needs. Read more at straitstimes.com.
Read more »
China fines comedy company $2.8 million over army jokeXiaoguo Culture Media's future performances suspended indefinitely in both Beijing and Shanghai. Read more at straitstimes.com.
Read more »
Siemens raises outlook after Q2 sales beats forecastsZURICH : Siemens raised its full year sales and profit guidance on Wednesday after the German engineering and technology group beat sales forecasts during its second quarter.The maker of products ranging from trains and industrial software now expects comparable revenue growth of 9 per cent to 11 per cent
Read more »
Futu, UP Fintech shares fall on plan to remove apps in ChinaSHANGHAI/Hong Kong :New York-listed shares in Futu Holdings Ltd and UP Fintech Holding Ltd plunged in pre-market trading on Tuesday, after the online brokerages said they will remove their apps in mainland China following guidance from regulators.The announcement comes amid Beijing's sharpened focus on data s
Read more »