To exacerbate matters, the first-day performance of IPOs in Hong Kong has generally been "lackluster" compared to many in New York and Shanghai. Budweiser Brewing Company APAC, the Asia-Pacific ... ( read original story ...)
China’s stock benchmark extends biggest drop in nine weeks as interest rate outlook and IPO glut weigh on sentiment
The Shanghai Composite Index fell 0.2 per cent to 2,928.19. The benchmark had tumbled 2.6 per cent in the previous session on fears the Federal Reserve would not cut interest rates soon amid improved ... ( read original story ...)
Shanghai Henlius Biotech refiles $500m IPO application
Shanghai Henlius Biotech has resubmitted its application to list on the Hong Kong Stock Exchange with an IPO worth around $500m. The biotechnology company is being spun off by parent Shanghai Fosun ... ( read original story ...)
Shanghai’s new board could lead to a bigger trade
The Star Market also will scrap the usual price limit of 23 times ... The first batch of companies will start trading on July 22, the Shanghai Stock Exchange said on July 5. ... ( read original story ...)
Big China Brokerage Banned From Investing Its Own Money in IPOs
The firm will demote its head of trading and has warned other officials linked to the breach of rules on the IPO of Suzhou TZTEK Technology Co ... general manager at Shanghai Pegasus Consulting Co. “A ... ( read original story ...)
China Central Bank Suspends Some Traders at Ping an Bank and China Merchants Bank
FILE PHOTO: The names of Ping An Bank are displayed outside a branch in Shenzhen, China November 12, 2016. REUTERS/Bobby Yip Reuters SHANGHAI (Reuters) - China's central bank said on Monday it has ... ( read original story ...)
Shanghai Stock Exchange to debut Nasdaq-style market for tech stocks on July 22, three weeks ahead of schedule
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 ...)