The Asset Management Association of China (AMAC) said recently that Shanghai Oriental Hongqiao Financial Holding Group Co., a private equity firm controlled by Kuailu, is among the 17 asset management firms with which the association has lost contact. ( read original story ...)
Hong Kong set to lose global IPO crown to New York and Shanghai as fundraising halves
Hong Kong is on track to lose its much-coveted crown as the world’s top initial public offering (IPO) market as the year draws to a close, with latest figures showing total funds raised here have dropped 48 per cent compared with 12 months ago, leaving ... ( read original story ...)
Xiaomi could be largest tech IPO in 2018
SHANGHAI: Chinese smartphone maker Xiaomi Inc has asked banks ... Its float could be the world’s ”largest technology IPO” next year, according to one of the people. “It is huge,” said another source, adding that a valuation of US$100 billion ... ( read original story ...)
Bank of Shanghai (601229) Declined -0.73% on Dec 6
Shares of Bank of Shanghai (SHA:601229) last traded at 15.04, representing a move of -0.73%, or -0.11 per share, on volume of 9.96 million shares. After opening the trading day at 15.16, shares of Bank of Shanghai traded in a close range. Bank of Shanghai ... ( read original story ...)
China Stock Market Tipped To Open In The Red
(RTTNews.com) - The China stock market has moved lower in two straight sessions, giving away almost 15 points or 0.4 percent along the way. The Shanghai Composite Index now rests just beneath the 3,305-point plateau and it figures to extend its losses on ... ( read original story ...)
The Hongkong and Shanghai Banking Corp. Ltd. ‘AA-‘ Ratings Affirmed, Despite High Credit Growth; Outlook Stable
HONG KONG (S&P Global Ratings) Nov. 27, 2017--S&P Global Ratings today affirmed its 'AA-' long-term issuer credit rating on The Hongkong and Shanghai Banking Corp. Ltd. (HSBC Asia Pacific). The outlook is stable. At the same time, we affirmed our 'A-1 ... ( read original story ...)
Starbucks Opens State-of-the-Art Premium Reserve Roastery Experience in Shanghai with the First Fully Immersive Coffee Wonderland in China
Starbucks Reserve Roastery in Shanghai, the first fully immersive coffee experience in Asia, will celebrate its historic opening tomorrow, Dec. 6, culminating in Starbucks Coffee Company's (NASDAQ: SBUX) most ambitious project ever. When the doors open to ... ( read original story ...)