Nanjing Iron and Steel Co exemplifies China's efforts to rein in its financial risks. After winning another order to supply around 1,900 tons of steel to the Persian Gulf country, the Shanghai-listed ... ( read original story ...)
Chinese Activists Set up Party That Wants Independence For Shanghai
The founders of the Shanghai National Party, many of whom live in New York state, say they want to campaign for "independence and autonomy" for the city, which currently takes its orders direct from c... ( read original story ...)
Exclusive: China central bank bans some offshore yuan deposits and lending via FTZ scheme – sources
SHANGHAI (Reuters) - China’s central bank has restricted commercial banks from using some interbank accounts to deposit or lend yuan offshore through free trade zone schemes, two sources with direct k... ( read original story ...)
Skadden, Latham Steer Tencent-Backed Electric Car Maker’s $1.8 Billion IPO
Shanghai-based NIO is backed by Chinese internet giant Tencent Holdings Ltd. and Chinese private equity firm Hillhouse Capital Group. The four-year-old company plans to use $650 million in the proceed... ( read original story ...)
Shanghai: SSE Composite Index (.SSEC) shares mixed at close of trade
Life Insurance and Financials sectors led shares lower. At the close in Shanghai, the Shanghai Composite declined 0.32%, while the SZSE Component index gained 0.36%. The biggest gainers of the session ... ( read original story ...)
5 things to know about the IPO of Nio, AKA the ‘Chinese Tesla’
Nio Inc., a Shanghai-based electric-car maker ... If Nio succeeds in raising that sum, it would mark the fourth largest U.S. IPO this year, behind Axa Equitable Holdings’ EQH, -0.78% $3.16 billion, Pa... ( read original story ...)
Shanghai Ranking: Israel’s Technion, Hebrew University in top 100
The top 10 universities in Shanghai Ranking remained Harvard at the top ... which we inaugurated late least year the Jacobs Technion-Cornell institute (JTCI) in New York and the Guangdong Technion Isr... ( read original story ...)