Category: FINANCE

Shanghai has been ranked among the world's top 10 financial centers, moving up 7 places to sixth, according to latest research. This is the first time that Shanghai has been included in top 10 since the research's inception in 2007. The study, the 22th ... ( read original story ...)

Chinese traders are flocking back to the stock market as rising share prices and higher market ... increased at the fastest pace in almost five months last week. The Shanghai Composite Index's breaking through the major resistance level of 3,300 points ... ( read original story ...)

A recent report shows there are 76 'capital families' in the Shanghai and Shenzhen stock market, consisting of 179 firms and accounting for 4.8% of the total market cap of listed companies, the reported, citing research from an "authoritative institution." ( read original story ...)

* Says it plans to issue up to 10 million shares at 11.66 yuan ($1.78) a share for Shanghai IPO Source text in Chinese: bit.ly/2w30dak ($1 = 6.5500 Chinese yuan renminbi) (Reporting by Hong Kong newsroom) Our Standards:The Thomson Reuters Trust Principles. ( read original story ...)

Industrial Securities led the rises with a 3 per cent gain in Shanghai. Chinese regulators are seeking to normalise the nation’s financial derivatives market, as the stock market has been stabilising since the sharp falls in the summer of 2015 that saw ... ( read original story ...)

One of the planned buyers of ANZ Bank's 20 per cent stake in Shanghai Rural Commercial Bank has been replaced by Chinese steel business Baoshan Iron & Steel, nine months after an initial deal was announced. In January this year, ANZ Bank revealed ... ( read original story ...)

Shanghai United Imaging Healthcare, a major China medical imaging device maker, closed a $500 million A financing from large China investors. It is the largest medical device funding in China to date, and values Shanghai United Imaging at $5 billion. ( read original story ...)