Coming from the urban hub of Pudong, we crossed towards the Bund. Since it was night, it glowed in golden lights with the Customs House, the Hong Kong and Shanghai Banking Corporation (HSBC) Building, and the former Bank of Communications as among the ... ( read original story ...)
China’s 84 Questions for Xiaomi Show Hurdles for Tech IPOs
But with regulators unwilling to bend on Xiaomi, one of this year’s largest IPOs, the future of other Chinese listings has been called into question. Xiaomi had planned to raise about $10 billion selling stock in Shanghai and Hong Kong, but that fell ... ( read original story ...)
Amplify continues to expand with new Shanghai office
Amplify has today announced that it has established a fully registered business in Shanghai, delivering its innovative technology to universities and financial institutions across mainland China. Amplify has chosen Shanghai as its strategic base to foster ... ( read original story ...)
China’s 84 Questions for Xiaomi Show Hurdles for Tech IPO Plans
But with regulators unwilling to bend on Xiaomi, one of this year’s largest IPOs, the future of other Chinese listings has been called into question. Xiaomi had planned to raise about $10 billion selling stock in Shanghai and Hong Kong, but that fell ... ( read original story ...)
Trump’s Trade Threats Hit China’s Stock Market and Currency
SHANGHAI — Months of struggling with economic problems at home and bickering with President Trump over trade are starting to take their toll on China’s financial health. China’s stock market has now fallen close to levels not seen since a crash ... ( read original story ...)
China’s stock benchmark set for biggest monthly drop since aftermath of 2015 crash
“The market is unlikely to stage a comeback until the long-term negative impact of the trade war on the economy is removed.” The Shanghai Composite retreated ... of mainland-traded equities via the stock connect schemes with Hong Kong on Thursday ... ( read original story ...)
China Crisis: Shanghai Comp Bear Market Is Another Warning for US Markets
If there were any doubts that the Chinese stock market had entered a bear market, these were dispelled by the breach of key support at 3000 and plunge last week, which we can see to advantage on the 6-month chart for the Shanghai Composite index shown below. ( read original story ...)