Hong Kong and Shanghai stocks tumbled on Wednesday, tracking losses on Wall Street, with energy firms sinking in line with falling oil prices. The Hang Seng Index closed 1.02 percent or 239 points lower, at 23,325. Market turnover was HK$52.11 billion. ( read original story ...)
Hong Kong, Shanghai stock markets rally
Shares in Hong Kong and Shanghai rallied on Monday on hopes for fresh reform measures from the mainland leaders, as dealers also looked ahead to the start of the corporate earnings season. The Hang Seng Index in Hong Kong added 1 percent, to 23,604. ( read original story ...)
Japanese shares turn higher; Shanghai stocks pop up
The Nikkei Stock Average NIK, +0.29% closed up 0.3%, after an early decline of 0.1%. The Shanghai Composite Index SHCOMP, +1.21% added 1.2% to its highest point in more than two months, while in Hong Kong, where the market had been closed Friday due ... ( read original story ...)
Baird Appoints Lydia Xu as Head of China Investment Banking
In the past year, Baird advised on notable deals such as Mayborn Group's sale to Shanghai Jahwa (Group) Ltd. [http://www.rwbaird.com/ma-transactions/investment-banking/DealCard/4916], Metabo AG's sale to Hitachi Koki Co., Ltd [http://www.rwbaird.com/ma ... ( read original story ...)
China central bank learns lessons as deflates money market risk
SHANGHAI Three years ago, China's central bank engineered a cash crunch to force commercial banks to reduce their reliance on short-term money markets. Interest rates spiked, spooking global markets who feared a banking crisis was imminent. Once again ... ( read original story ...)
Shanghai banks told to limit loans to property developers – report
Banks were also asked to reject mortgage applications of people who had divorced within three months, it quoted an internal filing from a Shanghai-based rural commercial bank as saying. A property price rally has prompted a home buying frenzy in parts of ... ( read original story ...)
Bank of Shanghai Set to Raise $1.6 Billion in A-Share’s Largest IPO This Year
SHANGHAI—Bank of Shanghai plans to raise as much as 10.7 billion yuan ($1.6 billion) in an initial public offering, joining a swath of local lenders to tap into the equity market for expansion in what is expected to be the largest IPO in China this year. ( read original story ...)