Listing Hopefuls on Beijing Bourse Slash Floor IPO Prices

SHANGHAI, Jan 12 Reuters A growing number of listing applicants on the Beijing Stock Exchange are slashing the floor prices of their planned initial public offerings IPOs, as the pandemichit companies seek to lure investors in a sluggish corner of China39;s reviving stock markets. The move by nearly a score of IPO hopefuls including green […]
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India Rupee Upside Limited by Low Forward Premiums Bankers

MUMBAI, Jan 12 Reuters Low forward premiums on the Indian rupee, triggered by a narrower interest rate differential between the U.S. and India, will make it difficult for the currency to rise much above current levels against the dollar, two bankers told Reuters. The U.S. Federal Reserve39;s aggressive ratehike cycle relative to the Reserve Bank […]
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