Category: FINANCE

SHANGHAI China's central bank said it will skip open market operations for the third consecutive day on Tuesday as liquidity levels in the banking system were "relatively high". "Fiscal expenditure were increasing towards the month-end to counter maturing ... ( read original story ...)

Yale Zhang, managing director with Shanghai based auto business consultancy Automotive Foresight, described the PSAN business as “a bomb”, a notorious business that no potential buyer would consider taking over. But even excluding that part ... ( read original story ...)

The New York Stock Exchange leapt into the top spot, raising US$18.2 billion, partly due to Snap Inc’s IPO in March, which raised US$3.9 billion. The Shanghai Stock Exchange ranked No 2 globally, having raised US$9.6 billion. Of the funds raised in Hong ... ( read original story ...)

has approved six IPO applications. They will raise no more than 3.2 billion yuan (470 million U.S. dollars), CSRC said Friday in a statement. Three companies will be listed on the Shanghai stock exchange, one on the Shenzhen small and medium enterprise ... ( read original story ...)

which allow mainlanders to buy stocks in listed companies in Shanghai and Shenzhen. Through the schemes, the so-called Southbound investment represented 9 per cent of all Hong Kong turnover in the first quarter of the year. “Hong Kong’s well-oiled IPO ... ( read original story ...)

assessing commercial bank exposure to outbound mergers and acquisitions,” said Brock Silvers, managing director at Shanghai-based investment advisory Kaiyuan Capital. “While these policies may individually discomfort casual market observers ... ( read original story ...)

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 ...)