Category: BUSINESS

Rolling coverage of the latest economic and financial news ... ( read original story ...)

China International Capital Corp surged 33% in its debut on the Shanghai stock exchange on Monday as investors bet the country's fifth-biggest securities firm will benefit from a government push to ... ( read original story ...)

Huawei has been put on Entity List by the United States in May last year but the restrictions on the Chinese giant have tightened a few months ago, making it almost impossible for the company to make ... ( read original story ...)

JPMorgan will own 71% of its Chinese securities joint venture after completing the transaction to buy a 20% stake from one of its local partners, according to an exchange filing on Monday. The deal, ... ( read original story ...)

Financial Times sources claim Huawei is planning a dedicated chip factory in Shanghai that would make parts for its core telecom infrastructure business. It would be run by a partner, the city-backed ... ( read original story ...)

Ant Group will list on the Hong Kong and Shanghai markets Retail investors have subscribed for Ant's shares in massive numbers Hong Kong banks will make $396 mn in windfall profits from IPO: Report ... ( read original story ...)

Douglas McWilliams, deputy chairman and founder of the Centre for Economics and Business Research, a consultancy based in London, said it had been obvious for a while that Shanghai would surpass ... ( read original story ...)