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Six Hong Kong-listed companies filed for changes in their equity interests, after Ant Group's Alipay (China) Network Technology Co., Ltd. became a company with no de facto control. The shareholdings of BABA-SW (09988.HK) founder Jack Ma and his partner Eric Jing were wiped off to zero, in those six companies, namely AGTECH H...
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The China Federation of Logistics and Purchasing (CFLP) released the China Logistics Prosperity Index for November, which showed that the index continued to rebound within the expansionary territory, with the logistics industry maintaining a relatively high level of activity and the foundation of the upturn being further strengt...
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MSCI announced the results of the Quarterly Review for the constituent stocks of MSCI Equity Indexes. 53 stocks were added to the MSCI China Index, with most of them being A-shares, along with COSCO SHIP ENGY (01138.HK) and JD LOGISTICS (02618.HK). 13 stocks will be removed from the index.The above-mentioned changes will take ef...
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LOGORY (02482.HK), a Mainland China-based operator of digital freight platform, announced that the offer price for its Hong Kong IPO was set at $2.9, which was the lower end of the listing price range ($2.9-3.5). The public offering was oversubscribed by 22.09x. One-lot (1,000 shares) success rate was 30.01%. The stock will go p...
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China Ecommerce Logistics Index came in at 107.2 in February 2023, 2.6 pts higher than that in the previous month, according to the joint survey of China Federation of Logistics and Purchasing (CFLP) and JD Group. Thanks to further effects of stable economic policies of the Chinese government, the resumption of work and producti...
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