Category: FINANCE

China Rapid Finance, which operates an online marketplace in China for small peer-to-peer loans, lowered the proposed deal size for its upcoming IPO on Thursday. The Shanghai, China-based company now plans to raise $65 million by offering 10 million shares ... ( read original story ...)

The existing stock connects between HKEX and the two stock exchanges in Shanghai and Shenzhen only allow investors to do cross border trading in companies already listed. “It would be the perfect match to launch the IPO connect and the Saudi Aramco IPO ... ( read original story ...)

SHANGHAI, April 26, 2017 /CNW/ -- UniFi's parent company Shanghai Wheat Asset Management Co., Ltd. ("MaiziJinfu", "Maizi" or "the Company"), a China-based Internet-based financial information service provider, today announced that it has received Series B ... ( read original story ...)

There has been a mysterious weakening in the Shanghai Composite Index over the past two weeks ... The Chinese famously, and rather comically, tried to plug a stock market crash in the summer of 2015 by touting how China Securities Finance Corp. was coming ... ( read original story ...)

NEW DELHI: The Reserve Bank of India (RBI) on Wednesday imposed monetary penalty on the Hongkong and Shanghai Banking Corporation Ltd. and the Kotak Mahindra Bank for violation of instructions on reporting requirements of FEMA 1999. The central bank ... ( read original story ...)

MUMBAI: Reserve Bank of India has penalized Honkong and Shanghai Banking Corporation and Kotak Mahindra Bank for failing to adhere to guidelines on Foreign Exchange Management Act 1999. In a statement issued here on Wednesday, RBI said that it has imposed ... ( read original story ...)

The roller coaster that is the Chinese stock market seems to be back in full force. Stocks in Shanghai had been in a period of relative calm so far this year, but a relatively precipitous drop of 2.7 percent this month has refocused attention on the markets. ( read original story ...)