Shanghai and London are working on mutual stock-market access, an arrangement that will be similar to the stock-connect programs between Hong Kong and the Chinese mainland’s two A-share markets, Shanghai Stock Exchange Chairman Wu Qing said. In a recent ... ( read original story ...)
China’s pensioners to get customised mutual-fund products for stock investment
It should also help add stability to the nation’s stock market by playing the role of a long-term holder of equities. Volatility in the benchmark Shanghai Composite Index is near record lows as state-backed funds, sometimes dubbed the “national team ... ( read original story ...)
Biggest Ever Appliance & Electronics World Expo (AWE) to Open March 8-11, 2018 at SNIEC, Shanghai
SHANGHAI, Nov. 6, 2017 /PRNewswire/ -- The 2018 Appliance & Electronics World Expo (AWE) will take place from March 8-11, 2018 at Shanghai New International Expo Centre (SNIEC). Organized by China Household Electrical Appliances Association, AWE is a ... ( read original story ...)
Four Seasons Education Seeks $101 Million In U.S. IPO
Four Seasons Education has proposed terms for a $101 million U.S. IPO. The firm operates as a proprietary math education service in China, primarily focused on the greater Shanghai region. Four Seasons has similar growth characteristics to other Chinese ... ( read original story ...)
U.S. IPO Week Ahead: China’s #2 Search Engine Leads Busiest Week Of 2017 With 10 IPOs
A provider of after-school math tutoring, Four Seasons grew at 55% in the 1H17 with an impressive 35% EBITDA margin, but its concentration in Shanghai has started to cut into enrollment growth. Both biotech IPOs this week are developing drugs that inhibit ... ( read original story ...)
Margin Lending for Stock Purchases Hit Nearly Two-Year High
On Wednesday, outstanding margin loans for Shanghai-listed stock purchases totaled 593 billion yuan, and 407 billion yuan for Shenzhen-listed stock purchases. “The strong increase in margin financing underlines the recovery of market sentiment and a ... ( read original story ...)
China Chief at ANZ Bank Sees Little Chance of Credit Crisis
Further overseas bond sales by Chinese entities will allow the country to tap into new pools of capital, he said in an interview at ANZ Bank’s Shanghai office on Thursday. There’s little chance of a financial meltdown in China because the biggest slice ... ( read original story ...)