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Grandall, JunHe act on COSCO Shipping’s RMB8bn A-share issue
Grandall Law Firm and JunHe participated in COSCO Shipping Energy Transportation’s RMB8 billion (USD1.12 billion) private placement, which is one of the largest bookbuilding private placements in the A-share market in the past two years. COSCO Shipping, the subsidiary of China COSCO Shipping Corporation, is a Shanghai and Hong Kong-listed company that operates oil products and liquified natural…
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WeChat Searches for ‘Blockchain’ and A-Share Stocks Skyrocket
WeChat Searches for ‘Blockchain’ and A-Share Stocks Skyrocket
Stocks in Chinese blockchain A-share firms maxed out to their 10% daily limit after an endorsement of the technology from the highest echelons of power.
The stock market rally was reported on Oct. 28 by the Global Times, an English-language newspaper within the CPC-owned People’s Daily Group.
Last week, President Xi Jinping had calledfor the country to accelerate its adoption of blockchain…
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