Nayuki to Raise USD 500 Mn and Reach a Total Valuation of CNY 31.1 Bn
On June 8, according to Tencent's latest report, Nayuki plans to go public to raise USD 500 million in the secondary market and has launched a pre IPO analyst roadshow this week. It is expected that the sales of Nayuki will grow at a compound annual growth rate of 42% in the next three years.
Jun 10, 2021 04:00 PM
UP Fintech: China's Rising Internet Securities Broker
The unexpected outbreak of COVID-19 took countless people away from regular outdoor life activities. While staying locked down at home, people nonetheless kept busy – for some, this meant investing more in stocks. Under these circumstances and with governments' expansionary policies, some Internet securities brokers, like UP Fintech, realized significant profits.
Jun 08, 2021 11:58 PM