Last month, Meituan filed an application for an IPO in Hong Kong. Meituan and Didi are among Chinese ... This March, Meituan announced it was entering the ride hailing sector in Shanghai. Meituan said ... ( read original story ...)
Xiaomi IPO flops; China markets rebound; Brexit chaos
Related: China's Tencent turns to US for IPO of its music business 3. Chinese rebound: China's main stock exchange in Shanghai had the best day in two years on Monday, closing 2.5% higher. The yuan al... ( read original story ...)
China bars foreign companies, other securities from stock link
The Shanghai Stock Exchange’s exclusion also covers stapled securities ... bourse and had already postponed issuing Chinese depositary receipts amid a sluggish market. The ban also may continue to mak... ( read original story ...)
Shanghai branch helps SCB’s China foothold
Siam Commercial Bank (SCB) is positioning its newly opened Shanghai branch to serve as a financial services innovation resource to develop the skills and expertise required by the banking sector. The ... ( read original story ...)
China’s stock exchanges rule out expanding stock connect scheme
The Shanghai stock exchange said in a statement it reached the decision ... “These types of securities need to wait until they have reached a certain quantity and a market operation basis before they ... ( read original story ...)
Shanghai’s crashing market has lost $2 trillion -more than the value of all German stocks in 17 days
that means tremendous amounts of market value was lost. In fact, according to a note from Bank of America Merrill Lynch analysts on Thursday morning, $2 trillion (£1.30 trillion) was wiped off the Sha... ( read original story ...)
China market jolt far less contagious than 2015 shock
... Chinese stock market has been relatively mature at this point,” he said, adding the lack of tampering by authorities in both currency and stock markets had also provided some reassurance. In June ... ( read original story ...)