Category: FINANCE

In four days, Shanghai fell 6%, a two year minimum. Hong Kong and Seoul also mark losses. Trump's threats weigh on $ 200 billion worth of Chinese export products. But the problem remains Chinese state debt. The assurances of Yi Gang and the injection of ... ( read original story ...)

... Internet banking with about 70 percent of local companies preferring mobile to internet banking, according to a survey by Hongkong and Shanghai Banking Corporation. "Hong Kong companies are expanding their supply chains to conduct business all over ... ( read original story ...)

A brief rebound ensued before it lost steam quickly and the market resumed its declines. The Shanghai Composite is now the worst-performing benchmark among the world’s major stock markets this year with a 12 per cent loss. While policymakers are sticking ... ( read original story ...)

Xiaomi Corp. has decided on a Hong Kong initial public offering before listing in Shanghai, backtracking on a key portion of one of the year’s most anticipated stock market debuts. The smartphone maker aims to list in the former British colony before ... ( read original story ...)

SHANGHAI/HONG KONG (Reuters ... casting a pall on Beijing’s drive to lure tech giants back home. Xiaomi Corp [IPO-XMGP.HK][XTC.UL], expected to raise around $10 billion in Hong Kong and mainland offerings, said it would apply to China’s securities ... ( read original story ...)

While “growth wise it’s unlikely to be too much of a dent, for the equity space, there’s a worry that it might topple the market over,” said Jingyi ... to the Made in China 2025 blueprint. The Shanghai Composite Index fell 1.5 percent last week ... ( read original story ...)

Smartphone maker Xiaomi could be given the green light for its initial public offering (IPO) on the Shanghai Stock Exchange on Wednesday, making it the quickest ever approval for a listing in mainland China. If it gets the nod at a hearing with the China ... ( read original story ...)