Category: FINANCE

On June 8, the first day of FII's trading in Shanghai, the stock rose 44 percent, the maximum increase, to 19.83 Chinese yuan (US$3.1) which made its market value top Hon Hai's for the first time, and the gap has continued to widen. On Tuesday, FII rose 10 ... ( read original story ...)

SHANGHAI (Reuters) - Asset managers began fundraising for six ... and the money will be used to fund mainland listings of homegrown tech firms such as smartphone maker Xiaomi [IPO-XMGP.HK] and e-commerce giant Alibaba Group Holding. The launch of the ... ( read original story ...)

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 ...)

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 ...)

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 ...)

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 ...)

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 ...)