The Shanghai Composite Index rose 9.41 percent in 2015 ... Even compared to deposits, the stock market pales in returns. One can get a guaranteed return of 4 percent from a three-year time deposit. That means they can obtain an accumulative risk-free ... ( read original story ...)
Foxconn unit sets record-high market value on Shanghai debut
TAIPEI -- Foxconn Industrial Internet, a unit of Hon Hai Precision Industry, jumped 44% in its Shanghai Stock Exchange debut on Friday, increasing in value to a record high of 390 billion yuan ($60.92 billion) on the Chinese A-shares market. FII’s market ... ( read original story ...)
Foxconn unit IPOs and shoots to top of Shanghai exchange
TAIPEI -- Foxconn Industrial Internet, a unit of Hon Hai Precision Industry, jumped 44% in its Shanghai Stock Exchange debut on Friday, increasing in value to 390 billion yuan ($60.92 billion) on the Chinese A-shares market. FII’s market value is now the ... ( read original story ...)
Hon Hai subsidiary starts strong on Shanghai Stock Exchange
With that increase, FII edged out video surveillance product supplier Hangzhou Hikvision Digital Technology Co. as the tech stock with the largest market cap among yuan-denominated A shares listed in Shanghai and Shenzhen. Investors have been upbeat about ... ( read original story ...)
Ant Financial raises $14 billion in world’s largest-ever single fundraising
SHANGHAI/BEIJING (Reuters) - Ant Financial Services Group, operator of China’s biggest online payment platform, on Friday said it raised around $14 billion in what market watchers called the biggest-ever single fundraising globally by a private company. ( read original story ...)
Foxconn Industrial Internet Soars in Shanghai Debut
“Chinese investors trust Terry Gou as a manager,” he said. “A lot of other companies listed in Shanghai are riskier than FII.” Read more: iPhone Czar Seeks $4.3 Billion IPO to Emerge From Apple’s Shadow Still, investors had voiced caution ahead ... ( read original story ...)
China’s Ant Financial raises $14 billion to bolster global push
SHANGHAI/BEIJING (Reuters) - Ant Financial Services Group, operator of China’s biggest online payment platform, said on Friday it had raised around $14 billion from investors including Singapore’s sovereign fund and U.S. private equity firm Warburg ... ( read original story ...)