Category: FINANCE

The rally among Shanghai blue-chips will likely continue as earnings improve, whereas the valuations of smaller-caps will remain pressured by the ongoing financial crackdown, according to Shenwan Hongyuan. “A simultaneous rise in risk-free interest rates ... ( read original story ...)

and Air China’s Shanghai tranche trades at a 49 per cent price premium. The performances of the two markets have diverged more since April after top policy makers introduced a raft of measures to clean up the financial sector. In a Politburo meeting ... ( read original story ...)

“There has been a clear trend of diminishing shadow banking,” said Chen Ji, a senior researcher at Bank of Communications in Shanghai. “Banks’ credit expansion is very likely to slow down amid Beijing’s drive to reduce leverage among the ... ( read original story ...)

China's leading financial technology provider, announced that its wholly owned digital lending technology subsidiary Dumiao successfully issued RMB245 million worth of asset-backed securities (ABS) on the Shanghai Stock Exchange, in the first such issue by ... ( read original story ...)

The CSRC has frozen new IPO share issues a total of nine times in its history, with the latest one being in 2015 when a stock rout erased US$5 trillion in market value. The four most recently approved listings, two in Shanghai and two in Shenzhen ... ( read original story ...)

The Shanghai SE 50 Index, dubbed "China's nifty 50 index", dropped 1 percent, in contrast with a gain of 0.9 percent in the tech-heavy start-up board ChiNext. The China Securities Regulatory Commission (CSRC) approved on Friday only four IPOs to raise up ... ( read original story ...)

The CSI300 index fell 0.5 percent, to 3,468.12 points at the end of the morning session, while the Shanghai Composite Index lost 0.5 percent, to 3,091.01 points. The China Securities Regulatory Commission (CSRC) approved on Friday only four IPOs to raise ... ( read original story ...)