China’s domestic market for initial public offerings, the world’s busiest since last year, is showing signs of cooling as Beijing seeks to slow offerings to boost liquidity. ( read original story ...)
Stock market today: Asia mixed after the US government’s credit rating was cut
Find your bookmarks in your Independent Premium section, under my profile Tokyo's market benchmark fell more than 1%. Shanghai and Hong Kong gained. Oil prices edged higher. Wall Street turned in its biggest one-day decline in months after Fitch Ratings ... ( read original story ...)
China IPOs boom with Beijing’s double-edged involvement
SHANGHAI -- China is increasingly counting on its stock market to boost the country's startup scene, as Beijing seeks an edge in its rivalry with the U.S. on semiconductors and other technological ... ( read original story ...)
Experts: Steps needed to ease bank pressure
Lou said the central bank can alleviate the pressure on commercial banks' profits by launching structural monetary policy tools to drive the cost of banks' liabilities lower. ( read original story ...)
Listing in China Has Gotten Harder for Small Companies, Unprofitable Tech Firms, Insiders Say
The number of firms that had their ChiNext IPO applications accepted in June plunged 42 percent from a year earlier to 83, Yicai calculated based on SZSE website figures. The Star Market took 43 ... ( read original story ...)
Advanced Health Intelligence to re-enter China with Exclusive License Deal with Changlin Network Technology Ltd
Changlin targeting Initial Public Offering in 2024 (IPO). Changlin will issue an initial 50% holding ... perpetual license with Shanghai-based Changlin Network Technology Ltd (Changlin). ( read original story ...)
Shanghai aims to become global blockchain leader by 2025
Shanghai, China’s largest city and a vital financial center, has ambitious plans to become a global leader in transitioning to digital-based economies by embracing blockchain technology. According to ... ( read original story ...)