"The rise in PPI suggests that corporate profitability should continue improving in the coming months, especially for upstream industries," said David Qu, a Shanghai-based market economist at Australia & New Zealand Banking Group Ltd. "With the authorities ... ( read original story ...)
IPO set to ride into history books
in what will be the first listed bike-sharing company in China after it floats on the Shanghai Stock Exchange. According to its prospectus, Youon is offering 24 million shares at an offer price of 26.85 yuan ($4) per share. The IPO aims to raise 644.4 ... ( read original story ...)
China Stocks-Factors to watch on Wednesday
SHANGHAI, Aug 8 (Reuters) - Following is a list of recent corporate and policy announcements, as well as other news that might affect Chinese financial markets. Policy, government, sector news: ( read original story ...)
Financial markets rattled by sharp increase in tensions over North Korea
Global powers and financial markets have long been accustomed to over-the ... In Asia the Hang Seng Index was down 0.34 per cent, or 93.88 points, to 27,761.03. The benchmark Shanghai Composite Index eased 0.12 per cent, or 4.06 points, to 3,277.81 ... ( read original story ...)
Air rescuers from Shanghai to undergo training in Prague
The Prague rescuers will offer the necessary healthcare, financial and organisational know-how to their Chinese colleagues. Prague signed a partnership agreement with Shanghai in May after the city councillors approved it in late April. The aim of the ... ( read original story ...)
Online Financial Marketplace Sino Fortune Seeks $42 Million In US IPO
Quick Take Financial services company Sino Fortune (HYJF ... mobile adoption and increased focus on the SME market. Company & Technology Shanghai-based Sino was founded in 2013 and incorporated in 2014 in the state of Nevada and provides a China-based ... ( read original story ...)
China treasury bond futures open mixed Wednesday
They allow investors to bet on and profit from the movements in the value of the bonds. The treasury bond futures were launched at the Shanghai-based China Financial Futures Exchange and started trading on Sept. 6, 2013. ( read original story ...)