SUBSCRIBERS
Rout puts US$154b share sales at stake
Published Fri, Jul 10, 2015 · 09:50 PM
Beijing
MORE than US$154 billion of share offerings in China are in danger of being shelved as the collateral damage from the nation's stock-market rout spreads.
"Selling new shares now, whether publicly or privately, is like trying to draw blood from a patient who's already looking so weak and pale," said Zhang Qi, an analyst at Haitong Securities Co in Shanghai.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
China’s top airlines improve balance sheet in Q1; outlook positive for May Day
Stablecoin issuer Tether invests US$200 million in brain-computer interface company
Yahoo to lay off staff in Singapore as it shifts to content curation
US: Wall St opens higher on megacap strength, Fed verdict awaited
IReit Global occupancy rate grows to 91.5% in Q1
Yen surges against US dollar on suspected intervention