Category: FINANCE

The stock has been pummeled by some of China ... s slump have been outside the company’s control. When it listed in Shanghai in 2007, bubbles in both oil and the Chinese equity market were primed to burst, while the global financial crisis was just ... ( read original story ...)

BEIJING - China has announced key personnel changes in the southern economic powerhouse of Guangdong and the financial hub of Shanghai over the weekend. On Saturday (Oct 28), Mr Li Xi, 61, was appointed the party secretary of Guangdong province ... ( read original story ...)

China's securities regulator has approved IPO applications from nine companies, which will raise no more than 9.5 billion yuan (around 1.43 billion U.S. dollars) in the A-share market. Five companies will be listed on the Shanghai Stock Exchange ... ( read original story ...)

Four Seasons Education, a Chinese provider of after-school math tutoring services, announced terms for its IPO on Friday. The Shanghai, China-based company plans to raise $101 million by offering 10.1 million shares (9% insider) at a price range of $9 to $11. ( read original story ...)

“The operation is aimed at smoothing liquidity volatility toward the beginning of next year,” said Li Liuyang, a Shanghai-based analyst at China Merchants Bank Co. “The cost of the two-month contracts also helps to fill in the gap in the interest ... ( read original story ...)

Zhang Xinyuan, head of the global trade financing arm of Bank of China's Shanghai branch, said he is fortunate to be playing a role in the reform and opening-up of China's financial sector. Zhang, 41, is one of the first people enterprises visit when in ... ( read original story ...)

The Shanghai Composite SHCOMP, +0.31% finished up 0.3%. But in Hong Kong, the Hang Seng index HSI, -0.36% lost 0.4%. Meanwhile, the Nikkei Stock Average NIK, +0.15% rose 0.2%, reversing some of a late selloff Wednesday that ended the index’s ... ( read original story ...)