A pedestrian walks past the Shanghai Stock Exchange building in China ... who helps manage $3.7bn as BNP Paribas Asset Management’s deputy head of emerging-market debt in London. “Clearly, none of these materialised.” There have been tentative ... ( read original story ...)
Two China biotechs drop US IPO plans for $800 million Hong Kong floats
Innovent declined to comment on its IPO plans. The two companies chose Hong Kong because ... Innovent and Ascentage will be following Shanghai Henlius Biotech, backed by Chinese conglomerate Fosun International, diabetes-focused drug developer Hua Medicine ... ( read original story ...)
Two China biotechs drop U.S. IPO plans for $800 million Hong Kong floats: sources
Innovent declined to comment on its IPO plans. The two companies chose Hong Kong because ... Innovent and Ascentage will be following Shanghai Henlius Biotech, backed by Chinese conglomerate Fosun International, diabetes-focused drug developer Hua Medicine ... ( read original story ...)
Shanghai to pioneer financial civil court
China is considering the use of a specialized court to handle finance-related lawsuits in Shanghai to improve the country's judicial capability and better prevent financial risks. The proposed establishment of the Shanghai Financial Court was submitted to ... ( read original story ...)
China’s financial watchdog begins inspections of banks’ risky lending: sources
BEIJING/SHANGHAI (Reuters) - China’s financial regulator has launched a nationwide inspection of banks’ risky business practices, focusing on consumer loans and real estate lending in regions with high levels of household debt, two sources with ... ( read original story ...)
Chinese IT services firm CLPS sets terms for $10.5 million US IPO
CLPS, which provides professional IT services to financial firms in China, announced terms for its IPO on Tuesday. The Shanghai, China-based company plans to raise $10.5 million by offering 2.0 million shares at a price range of $5.00 to $5.50. At the ... ( read original story ...)
ADGM Enters MOU with Shanghai Stock Exchange: Co-Operating on “Belt and Road” Exchange
Abu Dhabi Global Market, the international financial centre of Abu Dhabi, UAE (ADGM) and Shanghai Stock Exchange (SSE), China’s largest securities exchange, have today entered into a Memorandum of Understanding (MOU) to co-operate on the establishment of ... ( read original story ...)