China approves 4 IPO applications

China's securities regulator approved four new IPO applications during the past week, which will raise up to 5.1 billion yuan (more than 800 million U.S. dollars) in the A-share market. One company will be listed on the Shanghai Stock Exchange, two on the ... ( read original story ...)

China Stocks Hit by Beijing’s Financial Clampdown

SHANGHAI—Chinese stocks had their worst week since 2016, with fresh concerns about Beijing’s campaign to cut financial risk and predictions of a slowing economy helping erase half of the market’s year-to-date gains in just a few days. The Shanghai ... ( read original story ...)

The Latest: Police believe Shanghai crash was accidental

Shanghai police say a minivan crash downtown is believed to be an accident and not an attack and say the driver was smoking while transporting gas tanks through the heart of the Chinese financial hub. Eighteen people were sent to hospitals for treatment ... ( read original story ...)

Van strikes people in Shanghai crash police say was an accident

... on a busy sidewalk in downtown Shanghai on Friday morning in what police say they believe was an accident with the driver smoking while transporting gas tanks through the heart of the Chinese financial hub. A total of 18 people were sent to hospitals ... ( read original story ...)

Van strikes people in Shanghai crash police say was accident

The crash was caused by a 40-year old man surnamed Chen who accidentally ignited the gas he was transporting, according to Shanghai police, who appeared to dismiss fear the crash could have been an attack in the heart of the Chinese financial hub. ( read original story ...)