Syngenta Group will use the proceeds from its expected $10 billion initial public offering (IPO) to fund internal growth and an acquisition spree to snare more of the $100 billion market for seeds and ... ( read original story ...)
Asian Stock Market: Remains mixed as US dollar rebounds, Crude oil slips
Asia-pacific indices trade mixed on rising Delta variant cases, USD rebounds; The US NFP data remained at 15-month highs, however, inflation jitters soothes as data yet not strong ... ( read original story ...)
Syngenta Gets Go-Ahead for USD10 Billion Shanghai IPO
The Shanghai Stock Exchange announced the IPO’s approval via its website on July 2. Basel-based Syngenta plans to raise as much as CNY65 billion (USD10 billion) by offering around 2.7 billion shares, ... ( read original story ...)
China’s first-half mutual fund sales hit record as industry boom continues amid lacklustre stock performance
Onshore money managers sold 1.6 trillion yuan (US$248 billion) of newly launched funds, an all-time high for the first half, according to the Securities Times. ( read original story ...)
Postal Savings Bank of China suspends new precious metals account openings
The Postal Savings Bank of China said it suspended new openings for accounts to trade the spot precious metals market, citing price fluctuations and as elevated trading risks. SHANGHAI, July 5 ... ( read original story ...)
Height-of-luxury property offers commanding views of Shanghai
Domestic high-end hotel brand J Hotel Shanghai Tower, the highest hotel in the world, officially opened to the public on June 19. Located Tower, the tallest skyscraper in China and second-tallest in ... ( read original story ...)
Shanghai: Balance of credits witness upsurge last month
The balance of credits in Shanghai hit 8.96 trillion yuan (about USD1.39 trillion) at the end of last month, it augmented 10.6 percent from the same ... ( read original story ...)