Category: FINANCE

* Says its Shanghai IPO attracted interest amounting to 2,156.15 times amount on offer Source text in Chinese:bit.ly/2uYtLVF Further company coverage: (Reporting by Hong Kong newsroom) ( read original story ...)

“The coming five to 10 years could be the golden era for China’s retail banking sector as its potential is yet fully tapped despite years of sizzling growth,” McKinsey’s partner Nicole Zhou said in Shanghai. Leading Chinese banks have already seen ... ( read original story ...)

Risks in investing in China's volatile bourse but bigger risk for investors is to ignore it altogether I got my first glimpse of the Chinese stock market when I visited Shanghai for the first time in 1991, a time when the bourse was still very much in its ... ( read original story ...)

The company published a clarification statement (Chinese, PDF) through the Shanghai Stock Exchange and via ... Fosun Pharma’s stock was down about 3.67% upon market closing. The captain-gone-missing rumor was only the most recent episode of problems ... ( read original story ...)

SHANGHAI, Virtual currencies like bitcoin are assets but bitcoin in itself does not have the fundamental attributes needed to be a currency that could meet modern economic development needs, a Chinese central bank adviser said. Sheng Songcheng, adviser to ... ( read original story ...)

The stock exchanges in Shanghai and Shenzhen had more than 200 IPOs in the first half of this year, Choi said, as China accelerated efforts to clear a backlog of some 800 companies wanting to list. That trend should continue, Choi added, which means the ... ( read original story ...)

Nasdaq and the Shanghai Stock Exchange are in talks to acquire stakes in the Kazakhstan stock market to be launched this year, as its owners look to attract international investors to the Central Asian country. Under plans to be announced in the coming ... ( read original story ...)