Four of them will be listed on the Shanghai Stock Exchange, two on the Shenzhen small and medium enterprise board, and one on the ChiNext, China's NASDAQ-style board. The firms and their underwriters will confirm IPO dates and publish prospectuses ... ( read original story ...)
Shanghai Calling! Shake Shack is Shanghai Bound
Come on by, Shanghai! Shake Shack’s expansion plans in Asia are heating ... Forward-looking statements discuss our current expectations and projections relating to our financial position, results of operations, plans, objectives, future performance ... ( read original story ...)
Financial markets reflect risk aversion after Spain attacks
An aversion to risk was evident in financial markets Friday after the attacks in Spain ... Hong Kong's Hang Seng sank 1.1 per cent to 27,047.57, while the Shanghai Composite index ended flat at 3,268.72. Australia's S&P/ASX 200 fell 0.6 per cent to ... ( read original story ...)
Markets still bewildered after China central bank explains yuan ‘X’-factor
SHANGHAI (Reuters) - A week after China's central bank finally offered some explanation of the mysterious new 'X'-factor it has added to its daily yuan reference rate, traders and analysts say they are none the wiser over how to make sense of it. ( read original story ...)
Bicycle-rental operator Youon raises $87m Shanghai listing
Changzhou Youon Public Bicycle System, a bike rental company, held an IPO on the Shanghai Stock Exchange on Thursday, raising 581 million yuan ($87 million) and becoming the first listed company in the sector, thepaper.cn reported Thursday. The shares ... ( read original story ...)
China’s regulatory crackdown hits regional banks’ balance sheets – Shanghai Securities News
SHANGHAI, Aug 18 (Reuters) - China's crackdown on shadow banking activities has hit growth of some of its regional banks and severely shrunk their balance sheets, the official Shanghai Securities News reported on Friday, suggesting regulators are managing ... ( read original story ...)
After a false start, China sees its first bike-rental IPO
China’s burgeoning bike-rental industry has witnessed its first-ever IPO as Changzhou-based startup Youon went public today. Shares of Youon started trading this morning on Shanghai Stock Exchange at the initial offering price of RMB 26.85 ($4.02 ... ( read original story ...)