"Yifu media" completed an angel round of financing of RMB 2 million

DeepSeek | China's AI Global Breakthrough and Ecosystem Restructuring

EqualOcean Weekly Hotspots Series (6/8-6/13)

1.Roborock Announces Planned Hong Kong Listing; Overseas Sales Surpass Domestic Market|2.BYD: Global Expansion and Premiumization Are Key Strategies|3.Alibaba.com: Christmas Orders Surge 3 Months Ahead of Schedule |4.CHANGAN Automobile Plans 20 Overseas Plants Globally, Expanding into Over 100 Countries|5.Insta360 Debuts on the STAR Market with a 285% Surge, Market Value Exceeds CNY 70 Bn|6.CHERY to Become China’s First Automaker to Export Over 5 Mn Vehicles

Insta360 Debuts on the STAR Market with a 285% Surge, Market Value Exceeds CNY 70 Bn

On June 11, Insta360 (stock code: 688775.SH), a leading Chinese intelligent imaging company, officially listed on the Shanghai Stock Exchange's STAR Market. According to the prospectus, the offering price was CNY 47.27 per share, corresponding to a post-IPO market value of approximately CNY 18.96 billion. On its first day of trading, the opening price was CNY 182 per share, representing a 285% increase from the offering price, with the total market value surpassing CNY 70 bn.

CRSC Wins Eight Significant Bids with Total Value of CNY 2.17 Bn

CRSC wins two bids on the railway system market and six bids on the urban railway market in recent two months, which is likely to help the company achieve growth again in Q4 2020 and fiscal year 2021.

Does Dual-listed CRSC Create a Room for Arbitrage Deals?

One of the largest China's rail transit related systems manufacturers is now listed both on HKEX and the Star Market. Let's track the two stocks' performance.