SAYS ITS INITIAL SHANGHAI SHARE OFFERING 7,720.78 TIMES OVERSUBSCRIBED Source text in Chinese: bit.ly/2ADH8TK Further company coverage: (Reporting by Hong Kong newsroom) Our Standards:The Thomson ... ( read original story ...)
Private banking: The man in the middle of China’s family office boom
Family offices in China have grown from practically nothing 15 years ago to a hyper-competitive industry now. Zhang Yong, a former private banker who set up one of the country’s biggest multi-family ... ( read original story ...)
Japan soars nearly 5% as Asia stocks jump; investors watch central bank developments
Shares in Asia jumped on Tuesday as investors reacted to recent announcements by central banks. The Nikkei 225 in Japan surged 4.88% to close at 22,582.21 as shares of robot maker Fanuc skyrocketed 6. ( read original story ...)
Virus-hit Beijing tightens outbound travel; Shanghai demands quarantine
Beijing banned high-risk people from leaving the Chinese capital and halted some transportation services on Tuesday to stop the spread of a fresh coronavirus outbreak to other cities and provinces. ( read original story ...)
Motor racing-China offered two F1 races this year: Shanghai official
The Chinese Grand Prix was supposed to take place at the Shanghai International circuit on April 19 but was postponed until later in the year because of the coronavirus outbreak. Formula One ... ( read original story ...)
BRIEF-CEFC Hong Kong Financial Investment Updates On Winding Up Petition Against Controlling Shareholder
CEFC Hong Kong Financial Investment Company Ltd: * INFORMED ON 3 JUNE, SHANGHAI HUAXIN GROUP (HONG KONG) FILED PETITION AT CAYMAN ISLANDS COURTS * SHANGHAI HUA ... ( read original story ...)
Tesla’s China Car Registrations Jump In May; Stock Down In Pre-Market On Analysts’ Rating Cuts
China car registrations in May jumped 150% month on month, Reuters reported citing data from auto consultancy LMC Automotive.The U.S. electric vehicle maker’s China registrations, including imported ... ( read original story ...)