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Posted on 31/01/2019

China central bank unveils plan to build Shanghai into a financial centre

BEIJING (Reuters) - China’s central bank issued a plan on Thursday on building Shanghai into an international financial centre, and reiterated that it will step up the opening of its financial ... ( read original story ...)

Posted on 31/01/2019

China to ease IPO rules on planned board to lure tech titans

China will relax rules on IPOs for a planned Nasdaq-style tech board in Shanghai as it seeks to encourage start-ups to list at home after losing the likes of Alibaba and Baidu to Wall Street. Existing ... ( read original story ...)

Posted on 31/01/2019

China unveils draft rules for Nasdaq-style board for tech startups

China has published draft rules for a Nasdaq-style startup board in Shanghai, the China Securities Regulatory Commission said on Wednesday, potentially competing with Hong Kong and New York for listin... ( read original story ...)

Posted on 31/01/2019

China to Scrap Price, First-Day Gain Limits to Entice Tech IPOs

China will remove limits on IPO pricing and first-day gains under plans for a new ... according to statements from the securities regulator and Shanghai Stock Exchange late Wednesday. The move is part ... ( read original story ...)

Posted on 31/01/2019

China unveils trading rules for new hi-tech board, paving way for bold new market to compete with New York, Hong Kong

but the regulator will take a go-slow approach initially since the stock market remains weak,” said Zhou Ling, a fund manager with Shanghai Shiva Investment. “After all, a flood of new IPOs will dilut... ( read original story ...)

Posted on 31/01/2019

China unveils draft regulations for Nasdaq-style technology board

“It will also help Shanghai become an international financial center as well as a hub for technology innovation.” Plans for the board were announced by President Xi Jinping in November and are ... ( read original story ...)

Posted on 31/01/2019

Shanghai Is Intent on Becoming Leading Global Financial Center

Financial institutions in Lujiazui, the central business district of Shanghai.CreditCreditSHA LANG / FOR CHINA DAILY Shanghai will develop into a world-leading financial hub in line with China’s econo... ( read original story ...)

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