SAYS ITS SHANGHAI IPO 3,740.09 TIMES OVERSUBSCRIBED Source text in Chinese: bit.ly/2NZAhY3 (Reporting by Hong Kong newsroom) Our Standards:The Thomson Reuters Trust Principles. ( read original story ...)
China’s Shenzhen rises nearly 2% as mainland stocks build on Monday momentum
Stocks in mainland China continued to lead gains among the region's major markets for a second day after Monday's blockbuster gains, with the Shenzhen component jumping 1.717% on Tuesday. ( read original story ...)
High-ranking bank official stands trial for taking bribes
Gu Guoming, the former Party secretary and president of the State-owned Industrial and Commercial Bank of China's Shanghai branch, stood trial on Tuesday for allegedly taking bribes amounting to 136 ... ( read original story ...)
Chinese stock market hits fresh five-year high as rally continues – business live
The outstanding margin debt — incurred when investors borrow to buy stock — on China’s exchanges has risen to Rmb1.16tn ($164bn), the highest level since January 2016. Surgi ... ( read original story ...)
Chinese AI start-up Cambricon to raise US$367.7 million through IPO on Shanghai’s Star Market
Cambricon, one of China’s most valuable AI chip start-ups, has set a listing price of 64.39 yuan per share on Shanghai’s Star Market. ( read original story ...)
Stock Market Today: U.S. Stocks Grab the Baton From China
A surge in Chinese equities, as well as a massive improvement in services-sector data, lifted U.S. stocks and sent the Nasdaq to new highs Monday. ( read original story ...)
Shanghai jumps nearly 2% as it builds on Monday momentum
Stocks in mainland China continued to lead gains among the region's major markets for a second day after Monday's blockbuster gains, with the Shanghai composite rising 1.81% in early trade ... ( read original story ...)