Previous close | 0.4300 |
Open | 0.4300 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 33.00 |
Expiry date | 2024-06-28 |
Day's range | 0.3800 - 0.4400 |
Contract range | N/A |
Volume | |
Open interest | 2.89k |
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...