Shanghai Huarui Bank to back tech startups

Shanghai Huarui Bank, the first private bank in the city, is speeding up its lending to high-tech startups, said one of its senior executives. "We aim to be a leading lender to Chinese firms engaged in innovative science and technology," said Zhu Tao ... ( read original story ...)

China approves 10 new IPO applications

Five of the firms will be listed on the Shanghai exchange, one on the Shenzhen SME board, and four on the ChiNext, China's NASDAQ-style board. The 10 firms and their underwriters are scheduled to confirm the IPO dates following discussions with the ... ( read original story ...)