With the Shanghai-based business fairly well established ... After two exits during his franchise years in Singapore, this is his first IPO as a co-founder. “The lesson is always the same,” he says by way of advice to other entrepreneurs. ( read original story ...)
China’s IPOs slow in May
issued a report on Monday indicating that 40 Chinese enterprises completed IPOs in May, which is a 2.44-percent decrease from April, but a 185.71-percent increase from a year ago. The companies went public on four exchanges – the Shanghai Stock Exchange ... ( read original story ...)
China’s opening up helped it dodge financial crisis – banking chief
China's increasingly market-oriented and healthy financial institutions will help it ward off financial crisis, the governor of the country's central bank said on Tuesday, as he addressed the opening of the annual Lujiazui Forum in Shanghai. Kicking off ... ( read original story ...)
China Will Be Part of a Popular Stock Index, Opening the Door to Foreign Money
MSCI said it would add 222 domestic stocks from both the Shanghai and Shenzhen exchanges ... allocate more funding into the Chinese A share market, but also provided a much-needed impetus to move Chinese stock markets closer to global standards ... ( read original story ...)
Money Basics: What is the stock market?
Most stock market activity occurs in the secondary market ... Other major exchanges include the London Stock Exchange, the Tokyo Stock Exchange and the Shanghai Stock Exchange. In the past, most stock trading was conducted at physical exchanges, but ... ( read original story ...)
Central bank chief says cross-border yuan settlement system to launch in Shanghai soon
China’s central bank governor Zhou Xiaochuan says a cross-border yuan settlement system will soon be launched in Shanghai, in a renewed effort to bolster the local currency’s internationalisation drive and reinforce city’s bid to become a global ... ( read original story ...)
China Regulators Call for Deep Reform in Banking Sector as Risks Surface
(Shanghai) — China banking regulators on Tuesday called for deep reform in the banking sector to ensure overall stability in the financial system, warning of mounting risks amid a slowdown in the world’s second-largest economy. “We must attach more ... ( read original story ...)