China is experiencing a
renaissance.
中国正在经历一场复兴。
Michelangelo is a famous painter of the Renaissance.
米开朗琪罗是文艺复兴时期著名的画家。
Italy is the shrine of the Renaissance.
意大利是文艺复兴的圣地。
Pang Ming, head of macro and strategy research at China Renaissance Securities (Hong Kong), said: "SenseTime's solid performance on its debut day reflects the firm's clarification on risk factors largely eases investor concerns, and its IPO pricing is not demanding.
中国复兴证券（香港）宏观与策略研究主管庞明表示：“SenseTime上市首日的稳健表现反映出该公司对风险因素的澄清在很大程度上缓解了投资者的担忧，其IPO定价并不苛刻。
Goldman Sachs, Morgan Stanley, UBS Investment Bank and China Renaissance are among the lead underwriters for the deal, the filings showed.
Bruce Pang, Hong Kong-based head of macro and strategy research at China Renaissance Securities, said such trends are expected to continue in the second quarter.
The "innovative economy", which integrates the internet and innovative technology with consumption, industry, enterprise services, high-end manufacturing and biological medicine, will be key to the whole economy in the next decade, financial institution China Renaissance said, as it released its China Innovative Economy Report 2021 on Wednesday in Beijing.
China Renaissance believes artificial intelligence technology may lead the fourth scientific and technological revolution, estimating AI-related market scale to exceed $200 billion by 2025.
Sequoia Capital China, China International Capital Corp, China Renaissance and IDG Capital are also among the investors.
"Bruce Pang, Hong Kong-based head of macro and strategy research at China Renaissance Securities, believed these advantages will continue to make Hong Kong a magnet for overseas-listed mainland companies, especially large-cap stocks, seeking a secondary listing.
But Bollore said the carmaker has specific thinking about Jaguar's development in China as it prepares for the renaissance of the brand globally.
Led by IDG Capital and Trustbridge Partners, the new round attracted investors including CPE, DCP, Kunyu Runyuan, the new economy fund of China Renaissance, Hony Horizon Fund and Shenzhen-based Hongrui Capital.
Morgan Stanley Asia Ltd, Merrill Lynch Far East Ltd and China Renaissance Securities (Hong Kong) Ltd are the joint sponsors.
Bao Fan, chairman of China Renaissance, said that the investment firm is bullish on a wave of opportunities from the revival of traditional brands and the birth of new brands.
Goldman Sachs, Morgan Stanley, China Renaissance, JP Morgan and China International Capital Corporation (CICC) are the joint bookrunners on the deal.
In the week ending Jan 17, four companies listed on the US exchanges, including three Chinese issuers and a US mortgage lender, according to IPO information platform Renaissance Capital.
Haitong International and China Renaissance are the joint bookrunners on the deal.
Citigroup Global Markets Inc, China Renaissance Securities (Hong Kong) Ltd and CMB International Capital Ltd are acting as active joint bookrunners of this offering.
Jiangxiaobai is attempting to inject new life into the Chinese drinks market – the company is committed to the "renaissance" of baijiu.
Matthew Kennedy, senior IPO market strategist at Renaissance Capital, said Futu shares were priced at $12, rose to $15.32 on their first day, and closed Monday at $18.57.
ADDIS ABABA - Chinese construction and engineering company, China Gezhouba Group Co Ltd (CGGC), has signed a contract agreement with the Ethiopian government to take part in the Grand Ethiopian Renaissance Dam (GERD).
Chinese IPOs in the US accounted for about a fifth of US IPO proceeds in the first quarter this year, according to Renaissance Capital, a research firm based in Connecticut.
According to a preliminary prospectus, Goldman Sachs Group, Morgan Stanley and Bank of America Corp are joint sponsors for the IPO, and China Renaissance is the sole financial adviser.
The round has raised $300 million, with lead investors from Ctrip and All-Stars investment, followed by China Renaissance's Huaxing Growth Capital, Glade Brook Capital, and G Street Capital.
Proceeds from the US IPO market were only $18.8 billion last year, down from $86.6 billion in 2014, according to investment banking firm Renaissance Capital.
On May 2, ZMJ teamed up with private equity firm, Hong Kong-based China Renaissance Capital Investment, to buy Robert Bosch Starter Motors Generators Holding GmbH (SG) from the German group for $595 million.
It also needs further spending to fill out its original content offerings," Ella Ji, an analyst at China Renaissance Securities US Inc, wrote in a research note in April.
[Photo/China Daily]Zhengzhou Coal Mining Machinery (ZMJ) has teamed up with private equity firm China Renaissance Capital Investment to buy part of German auto parts giant Robert Bosch's business, in a 545 million euro (4.11 billion yuan) deal.
Vlaar and his colleagues in the Yanqi Lake Beijing Institute of Mathematical Sciences and Applications moved into the park in May and were immediately attracted by the work environment, which features a blend of gardens and a renaissance of the area's industrial heritage.
The writer is chief economist at financial institution China Renaissance.
The world's largest hedge fund Renaissance Technologies LLC purchased more than 2.03 million shares of Pinduoduo in the fourth quarter.
The writer is chief economist of financial services provider China Renaissance.
"The supply chain shocks are relatively light so far, but the primary economic impact is on consumer spending and the services industry," Bruce Pang, head of macro and strategy research at China Renaissance, was quoted as saying.
Bruce Pang, head of macro and strategy research at China Renaissance Securities, said the festival, which offers preferential policies, including free and direct delivery, helps to overcome the long-lasting logistics obstacles due to border checkpoint closures.
BBC quoted Bruce Pang from investment bank China Renaissance as saying that the more flexible target leaves some room for structural reform and a transition to a more mature economy.
Chen added, "The Chinese film market is steadily marching toward a renaissance.
Generation Z — those born from the mid-to-late 1990s and into the 2000s and a major consumer group — is being affected by the country's cultural renaissance and the development of the internet.
In addition, Renaissance added 2.04 million shares of Pinduoduo and Goldman Sachs bought 4.276 million shares of the online grocery platform Dingdong Maicai.
China Renaissance, a financial institution, also predicts that by 2024, sales of China's pop toy market are expected to reach 76.4 billion yuan.
Since 2020, a number of funds have invested in low-alcohol drinks, including Sequoia China, ZhenFund and China Renaissance.
The report, jointly conducted by finance institution China Renaissance and China Chain Store &Franchise Association, looked at data from 21 listed catering enterprises and the other 60-odd chain catering companies and pointed out that China's catering market has grown in a healthy manner.
Meng Lilian, chief expert at the Sichuan Tianfu Health Industry Research Institute, said: "The cosmetics packaging sector is embracing the guochao movement, which is a result of a Chinese cultural renaissance.
The digital renaissance of the ancient handicraft can be traced in part to Zhang Jianhua, a short video maker born in the 1990s.
While China has embraced Western fashion in recent years, an apparel renaissance is taking shape, with a growing army of youngsters looking to the past for their sartorial choices.
Cultural products industry betting on alliances to gain momentumThe cultural products industry is witnessing a renaissance of sorts and growing in popularity among Chinese consumers, but there are still problems yet to be solved such as building strong intellectual property, industry experts said.
Our understanding in genetics and gene editing however, has undergone a renaissance in the last ten years, with new stem cell treatments for cancer such as Car-T therapies now available that would have been impossible even 15 years ago.
Didi added more than a dozen new ones on Thursday, including BofA Securities, Barclays, China Renaissance, Citigroup, HSBC and UBS Investment Bank.
But Bollore said the company has specific plans for Jaguar's development in China as it prepares for the renaissance of the brand globally.
We are comparing Xpeng with Li Auto, which went public in July and is up 28 percent from its IPO and to Nio," Kathleen Smith, principal, Renaissance Capital, provider of institutional research and IPO ETFs, said.
The brand has enjoyed a renaissance since Geely acquired it in 2010.
The Swedish-Chinese brand has enjoyed a renaissance since Geely acquired the brand several years ago.
Cao Yin, the managing director of the Digital Renaissance Foundation, added: "Now most blockchain developers are still focusing on underlying technologies, and thus we need more application developers to work in the industry.
"We believe a rising proportion of new-economy stocks could help increase the overall representativeness of the Hong Kong stock market, enabling them to enjoy a valuation premium with stronger liquidity flow, drive higher turnover, and enhance diversity," says Melody Lai Yeye, chief strategist at China Renaissance Securities (Hong Kong).
It should be noted that companies announcing GDR plans this year are mostly industry leaders showing China's competence in smart manufacturing, said Bruce Pang, head of macro and strategy research at China Renaissance Securities.
More European markets can be included in the China-Europe Stock Connect scheme so that capital market cooperation between China and Europe can be further strengthened, said Pang of Renaissance Securities.
Xiao Chu'nan, executive director and sponsor representative of China Renaissance Securities' investment banking department, said that while the tests helped address any technical problems with the launch of trading, a release of detailed rules regarding issues such as IPO reviews and continuous supervision is required before the exchange opens for business.
Xiao Chunan, executive director and sponsor representative of the China Renaissance Securities' investment banking department, said he has included the BSE as a new listing option for his corporate clients who are under pre-IPO tutoring.
Xiao Chunan, executive director and sponsor representative of the China Renaissance Securities' investment banking department, said while the tests will help address any technical problems regarding trading commencement, the upcoming market opening still awaits the release of detailed rules regarding IPO review, continuous supervision and other key aspects.
Total foreign investment in the STAR Market rose from 270 million yuan ($41.9 million) at the end of 2019 to 5.64 billion yuan by November, according to China Renaissance Securities.
As money steadily entering the market since the pandemic, about 30 China-based companies raised the most capital in the US last year since 2014, according to Renaissance Capital.
Pang Ming, head of macro and strategic research at China Renaissance Securities (Hong Kong), said regulatory uncertainties were one of the major issues confronting US-listed Chinese mainland companies for some time.
Li Zongguang, chief economist of China Renaissance, an investment bank, said the new regulations, when implemented, will increase Chinese mainland investors' purchase in shares of listed companies in Hong Kong and the United States.
The Chinese equity market remains "amazingly resilient," and the value for the next drive forward for the Chinese market will still be tech-led, said Andrew Maynard, an analyst of Chinese investment bank China Renaissance.
Total foreign investment in the STAR Market rose from 270 million yuan at the end of 2019 to 5.64 billion yuan by November 2020, according to China Renaissance Securities.
According to the prospectus filed by Kuaishou, Morgan Stanley, Bank of America and China Renaissance Holdings are joint sponsors for the proposed IPO.
Pang Ming, head of macro and strategic research at China Renaissance Securities, said that such emphasis shows the authorities' goal of deepening reform and improving public companies' quality in order to build a more regulated, transparent, open, vibrant and resilient capital market.
Morgan Stanley & Co International plc, Goldman Sachs (Asia) LLC, JP Morgan Securities LLC, China International Capital Corporation Hong Kong Securities Limited, and China Renaissance Securities (Hong Kong) Limited are acting as joint bookrunners for the offering.
Morgan Stanley, Goldman Sachs (Asia), JP Morgan, China International Capital Corp and China Renaissance are the joint underwriters on the deal.
"Chinese IPOs in the US accounted for about a fifth of US IPO proceeds in the first quarter this year, according to Renaissance Capital, an IPO research firm based in Connecticut.
Matt Kennedy, IPO market strategist at Renaissance Capital, said: "There is a backlog of Chinese IPOs there pending approval.
The government should remove these obstacles and grant easier access for innovative companies to raise funds in the country's capital market, said Bao Fan, chairman and CEO of China Renaissance Group, a leading financial institution in the country.
"These are interesting prospects that will probably bring fresh blood to the new market," Fan Bao, chairman and CEO of an investment bank China Renaissance told CNBC.
This year, 160 companies launched IPOs that raised $35.6 billion, investment bank Renaissance Capital said on Monday.
Renaissance Capital said the annual number of IPOs "historic norm" should be between 180 and 200.
Among these IPOs counted by Renaissance Capital, 15 were from China.
As for the tech IPOs, 37 companies raised $9.9 billion this year, slightly above the $2.9 billion raised by 21 tech companies in 2016, and considerably below the 56 tech IPOs raised $32.9 billion in 2014, Renaissance Capital said.
The scope of this financial renaissance extends far beyond the shores of China.