The Shenzhen Stock Exchange topped global bourses with 126 IPOs in the first half, followed by Shanghai with 120 and Hong Kong with 69. In all, there were 772 IPOs globally that raised $83.4 billion. In terms of proceeds, New York topped the list ... ( read original story ...)
China’s IPOs surge in first 6 months of 2017 as stock market stabilizes
The surge of new IPOs reflects the relative stability of China’s stock market over the past year. A total of 119 enterprises in the Shanghai Stock Exchange and 128 in the Shenzhen Stock Exchange went public in the first half of 2017, according to the ... ( read original story ...)
Shanghai announces Financial Innovation Award winners
Shanghai Financial Services Office announced the 66 financial projects selected as winners of the 2016 Shanghai Financial Innovation Award on June 28. Shanghai Financial Services Office announced the 66 financial projects selected as winners of the 2016 ... ( read original story ...)
Hong Kong was supposed to be a world financial capital in a communist system. Contradiction?
The Shanghai native could hardly believe the euphoria in the financial community as it counted down to July 1, 1997, the day that Britain sailed out of Victoria Harbor and the Union Jack flag was replaced with a red Chinese banner. “People were lining up ... ( read original story ...)
Shanghai Port falls short of lofty goals despite huge cargo volume
an assistant general manager at Shanghai Jump International Shipping. “Local manufacturers are feeling the pinch of slowing exports and business morale appears to be low.” Last year, exports and imports via Shanghai Port were valued at 6.9 trillion ... ( read original story ...)
MSCI inclusion points China’s stock market in right direction
The inclusion of domestically traded, yuan-denominated stocks, or the so-called A-shares listed on the Shanghai and Shenzhen ... through a Hong Kong platform known as Stock Connect. But in the long-term, the A-share’s market share could grow if China ... ( read original story ...)
Pending Global Stock Market Correction Shattered Quarter Ending Window Dressing
Looking overseas, Japan’s Nikkei 225 and China’s Shanghai Composite are attempting to assume ... Today’s closes set the stage for tracking the potential start of the global stock market correction. As July begins, my proprietary analytics will ... ( read original story ...)