Category: FINANCE

SHANGHAI (Reuters) - Launches of new digital currencies, known as initial coin offerings (ICOs), have shaken up social and economic order, created hidden financial risks, and in some cases may amount to fraud, China's National Internet Finance Association ... ( read original story ...)

The company is profitable, growing quickly, but still burning cash. I'll provide a final opinion on the IPO when we know more details. Quick Take Shanghai-based Secoo Holding Limited (SECO), a platform for luxury products, intends to raise $100 million ... ( read original story ...)

The City is in talks with Shanghai's municipal government about a collaboration at a time when Brexit uncertainties is prompting the UK's main financial district to look beyond Europe for future business partners, according to Sherry Madera, the City of ... ( read original story ...)

HONG KONG — David Tang, the flamboyant and outspoken socialite and entrepreneur who founded the Shanghai Tang fashion brand, has died. He was 63. The Financial Times newspaper, for which he wrote a popular tongue-in-cheek advice column, reported Tang’s ... ( read original story ...)

SHANGHAI: China stocks ended flat on Wednesday, as strong gains in airline operators and resources firms were offset by weakness in banking stocks with investors awaiting first-half results for some of the country's biggest banks. The blue-chip CSI300 ... ( read original story ...)

HONG KONG (Reuters) - State-owned Postal Savings Bank of China (1658.HK), the country's biggest lender by branches, said it was planning a Shanghai listing, seeking to raise around $785 million. The move follows its Hong Kong listing last year in which the ... ( read original story ...)

The also-rans of China’s stock rally this year, mainland equities have been ... a phoenix-from-the-ashes revival in what is the world’s second-largest share market. The Shanghai Composite Index is neck-and-neck with the offshore-dominated MSCI China ... ( read original story ...)