Overseas investors are set to record their smallest-ever annual purchases of Chinese stocks, discouraged by a plethora of concerns including a fragile economic recovery and geopolitical tensions. Most ... ( read original story ...)
China chipmaker SigmaStar poised for Shenzhen IPO at $4bn valuation
SHANGHAI -- Chinese chipmaker SigmaStar Technology is expected to go public soon at an estimated market capitalization surpassing 30 billion yuan ($4.2 billion). ( read original story ...)
Former China central bank official jailed for 16 years for graft – Caixin
A former Chinese central bank official has been sentenced to 16 years and six months in prison for taking bribes, leaking state secrets and insider trading as the ruling Communist Party tightens its ... ( read original story ...)
Industrial Bank Becomes First Chinese Bank to Maintain MSCI’s Top ESG Rating for Five Consecutive Years
Industrial Bank (Shanghai:601166) ("the Bank") announced a significant upgrade, from A to AA, in the 2023 Environmental, Social, and Governance (ESG) rating by MSCI, a leading global index provider. ( read original story ...)
Beijing exchange’s IPO volumes weather China’s stock market storm as investors bet on policy tailwinds
That compares with the 48 per cent slump registered at the Shanghai bourse and a 31 per cent drop in Shenzhen, data shows. On a combined basis, IPO volumes on the three exchanges slid 41 per cent to ... ( read original story ...)
Stock market today: Asian markets are steady in holiday-thinned trade
Asian markets were steady in holiday-thinned trading on Tuesday, with some markets in the region closed for holidays. U.S. futures and oil prices edged higher. Shanghai’s benchmark led losses in Asia ... ( read original story ...)
Shanghai Court Settles China Securities Industry’s First Class-Action Lawsuit
(Yicai) Dec. 27 -- A Shanghai court has settled the first class-action lawsuit of China's securities industry, which is also the first special representative litigation case with a company listed on ... ( read original story ...)