Category: FINANCE

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 ...)

The Shanghai Composite dropped 0.7% ... The small cap Russell 2000 also retreated 0.4%. Volume in the stock market rose sharply on both major exchanges. Friday is a quadruple witching day, which involves the expiration of stock index futures, single ... ( read original story ...)

"Amid the continued weakness in the A-share market and external uncertainties ... Weifang Yaxing Chemical Co Ltd down by 10.05 per cent. So far this year, the Shanghai stock index is down 8.6 per cent, the CSI300 has fallen 6.9 per cent while China's ... ( read original story ...)

The People's Bank of China, the central bank, will issue several policies to facilitate opening-up of the financial sector in Shanghai in line with the plans to transform the city into an international financial center, a top official said on Thursday. ( read original story ...)