BEIJING: Typhoon Ampil hit Chinese financial hub Shanghai around midday on Sunday, bringing heavy rainfall and disrupting transport and shipping. More than 600 flights from the city's two airports wer... ( read original story ...)
China shares higher at close of trade; Shanghai Composite up 2.04%
Advancing stocks outnumbered falling ones by 1172 to 210 and 38 ended unchanged on the Shanghai Stock Exchange. The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composi... ( read original story ...)
Tokyo stocks trade in tandem with Shanghai as yuan fears mount
TOKYO -- As weakness in China's yuan rattled that country's stock market on Friday, the impact was being felt beyond its borders in South Korea and in Japan, where share prices closely followed develo... ( read original story ...)
Cango Files Proposed Terms For $138 Million U.S. IPO
The IPO isn’t cheap, but management’s financial results are impressive. Shanghai, China,-based Cango was founded in 2010 to develop an online new vehicle purchase system by connecting car dealers to c... ( read original story ...)
Pinduoduo Readies Plans For Monster U.S. IPO
Existing institutional investors intend to support the IPO valuation with significant purchases at the IPO price. The Shanghai-based company was founded in 2015 to offer a different and more social e- ... ( read original story ...)
China-Based Pinduoduo IPO Aims To Raise $1.5 Billion In An Active Week
The Pinduoduo IPO is expected to price July 25 and trade July 26 on the Nasdaq under the ticker PDD. The Shanghai-based company runs a popular e-commerce site it describes as "Costco meets Disneyland, ... ( read original story ...)
Stock downtrend sparks buybacks
Investors sit in front of an electronic stock board at a securities brokerage in Shanghai, June 9, 2017. [Photo/VCG] As the market caps of A-share companies have been low during the first half of this ... ( read original story ...)