China stocks rise in thin trade ahead of Lunar New Year holiday

Gains in Shanghai stocks led by Henan Ancai Hi-tech Co Ltd and losses by Zhongnongfa Seed Industry Group Co Ltd * China’s A-shares are at a 28.61 percent premium over H-shares SHANGHAI, Feb 14 (Reuters) - China stocks rebounded on Wednesday, but volumes ... ( read original story ...)

Mi mi mi: super fans of China’s Xiaomi stoke IPO ambitions

BEIJING/SHANGHAI (Reuters) - Wang Bin ... Goldman Sachs and Morgan Stanley as sponsors for its proposed IPO, which could value the company at up to $100 billion and be the world’s biggest tech float this year. “Looking from the outside in, that ... ( read original story ...)

The Shanghai composite saw a pre-holiday spring cleaning

The fall in the Shanghai market is not the same as the fall in the Dow, although the increasing exposure to, and integration into the global financial system has exacerbated the fall. The Lunar New Year is a hardy survivor of the Cultural Revolution purges. ( read original story ...)