Ten companies completed registrations with China’s top securities regulator for initial public offerings in Shanghai and Shenzhen, the first batch of enterprises that will sell shares on the main ... ( read original story ...)
Number of China’s stock market investors up 1.67m in February
An investor monitors stock prices on his phone at a stock brokerage in Shanghai. [Photo by Lyu Liang/For China Daily] BEIJING -- The number of stock market investors in China rose by more than 1.67 ... ( read original story ...)
China’s Central Bank Warns SVB Failure Shows Impact of Rapid Global Rate Hikes State Media
(Reuters) - A senior official at the People's Bank of China said on Saturday the collapse of Silicon Valley Bank (SVB) showed how rapid monetary policy shifts were having spillover effects, ... ( read original story ...)
Beijing May Allow Foreign Financial Firms to List in China – Ex-Finance Minister
SHANGHAI (Reuters) - China will encourage foreign capital to participate in its financial markets and may allow foreign-funded financial institutions to go public in the country when "conditions are ... ( read original story ...)
Balance of loans in Shanghai rises at end of February
SHANGHAI, March 18 (Xinhua) -- The balance of loans in Shanghai, including all currencies, stood at 10.66 trillion yuan (about 1.54 trillion U.S. dollars) at the end of February, up 7.7 percent year ... ( read original story ...)
Asia markets rise as Wall Street banks move to shore up banking system
Asia-Pacific markets are poised to rise Friday after major Wall Street banks came to the rescue of embattled First Republic Bank in an attempt to bolster confidence in the banking system. CNBC's David ... ( read original story ...)
Collapse of Silicon Valley Bank Has Chinese Startups Worried
In a 2019 interview, when he was SVB’s chief credit officer, he said SVB was “a model bank for China.” SVB approached China in two different ways. One involved wholly owned operations in major tech ... ( read original story ...)