Category: FINANCE

BEIJING/SHANGHAI (Reuters) - Wang Bin ... Goldman Sachs and Morgan Stanley as sponsors for its proposed IPO, which could value the company at up to $100 billion and be the world’s biggest tech float this year. “Looking from the outside in, that ... ( read original story ...)

On Monday, the Shanghai Composite posted a 0.78 percent gain, while the Shenzhen Component edged up 2.91 percent. The blue-chip CSI 300 index also gained 1.29 percent on Monday. "Though further volatility might occur, the stock market will soon stabilize ... ( read original story ...)

The market also provides access to China's explosive consumer growth and local brands popular with the growing middle class; shares of Kweichow Moutai, the distiller of a popular grain liquor, more than doubled on the Shanghai Stock Exchange over the past ... ( read original story ...)

SHANGHAI—Frustrated investors in China are howling about recent stock market losses on the social-media accounts of foreign embassies, in one case turning a greeting by U.S. Ambassador Terry Branstad for the coming Year of the Dog into a platform to protest. ( read original story ...)

HONG KONG (Reuters) - Taiwan's Foxconn, the world's largest contract electronics manufacturer, said it plans to use proceeds from a Shanghai listing of one if its subsidiaries to fund eight projects totaling 27.3 billion yuan ($4 billion). In January ... ( read original story ...)

Is the market extremely volatile? A crash can wipe out millions in stock value in seconds. Analysis of 11 years' data for major markets shows that most (except Shanghai) witnessed their biggest crash in 2008. ( read original story ...)

Compare that with the stock market crisis of 2008, when average share prices in New York and London dropped by 35 per cent and 31 per cent for the year, respectively. That year, Asian prices fared far worse. Shanghai ended the year with a breathtaking 68 ... ( read original story ...)