Previous Close | 0.1100 |
Open | 0.0700 |
Bid | 0.0500 |
Ask | 0.0800 |
Strike | 28.00 |
Expire Date | 2024-06-07 |
Day's Range | 0.0700 - 0.0700 |
Contract Range | N/A |
Volume | |
Open Interest | 1.18k |
More than a year after China pledged to smoothen the process for offshore listings, firms are reeling from a regulatory logjam that is unlikely to ease soon, and staring at the prospects of sharply lower valuations even as market sentiment improves. Hopes for a revival in overseas listings were sparked by Beijing's vow in April to facilitate Hong Kong IPOs and a strong debut of Zeekr in New York last month. China has clamped down on offshore capital raisings since 2021.
A bullish bet on a safe haven asset.
Key Insights Given the large stake in the stock by institutions, JD.com's stock price might be vulnerable to their...