China stocks regulator approves 9 IPOs to raise $620 mln

SHANGHAI (Reuters) - China's securities regulator said it has approved nine initial public offerings (IPOs) that aim to raise a combined total of up to 4.2 billion yuan ($620 million). Four of the approved IPOs are on the Shanghai bourse, one on the ... ( read original story ...)

China’s tallest building shapes Shanghai skyline

"That's the significance of investing so much in having a skyscraper." Standing in the heart of Lujiazui, Shanghai's financial hub, the Shanghai Tower was built at a cost of 14.8 billion yuan ($2.2 billion). It has 132 floors with a total floor space of ... ( read original story ...)

China makes mid-term loan injection seen as ‘neutral’

SHANGHAI, July 13 (Reuters) - China's central bank injected 360 billion yuan ($53.06 billion) in medium-term loans into the financial system on Thursday, a fresh sign authorities aim to maintain financial stability while continuing a deleveraging campaign. ( read original story ...)