Star Market, the Shanghai Stock Exchange’s highly anticipated Nasdaq-style technology board, will debut on July 22, three weeks ahead of schedule, the bourse said on Friday. As of Thursday, 25 ... ( read original story ...)
Shanghai’s a global financial hub
Travelers from home and abroad enjoy the sights of the Bund in Shanghai on May 29. The metropolis is fast transforming into a global financial hub, and financial services like digital payments and ... ( read original story ...)
Britain and China’s stock exchange deal creates new opportunities for UK firms but it’s far from ground-breaking
Restrictions on eligibility, particularly around market capitalization ... for some time. Moreover, the Shanghai-Hong Kong Stock Connect, launched in 2014, increased the potential for international ... ( read original story ...)
China Construction Bank and China Merchants Bank ace stress test conducted by DBS Bank
Only two other banks – Chongqing Rural Commercial Bank and Bank of Shanghai – passed the Singaporean bank’s stress test involving a total of 19 lenders, which represent 76 per cent of the assets in ... ( read original story ...)
NDB to enhance Shanghai’s role as financial center
The New Development Bank, which is the first international financial institution to set up its global headquarters in Shanghai, had its structure ceiling ceremony on Wednesday, further helping the ... ( read original story ...)
Shares of Suzhou HYC, the first IPO on Shanghai’s new tech board, oversubscribed 336 times as investors join frenzy
Shares of Suzhou HYC Technology, the first company to launch an IPO on Shanghai Stock Exchange’s new Star Market, have been oversubscribed 335.6 times after investors shrugged off criticism into its ... ( read original story ...)
Shanghai’s measures to back micro enterprises
Starting this year, a sum of 1 billion yuan will be added to a financial fund every year for three years to complement the existing venture capital and angel funds in Shanghai. This amount will be ... ( read original story ...)