China will stop lending of certain shares for short selling to arrest a slumping stock market. Strategic investors won’t be allowed to lend out shares during agreed lock-up periods, the Shanghai Stock Exchange and Shenzhen Stock Exchange said in ... ( read original story ...)
Balance of loans in Shanghai up 7.3% at end of December 2023
SHANGHAI -- The balance of loans in Shanghai, including all currencies, rose 7.3 percent year-on-year at the end of December 2023 to 11.18 trillion yuan ($1.57 trillion), official data showed. ( read original story ...)
Legislators want Shanghai to be more furry-friendly to attract young people
A view of the Huangpu River in Shanghai. [Photo/VCG] Legislators and political advisers in Shanghai have suggested that steps be taken to create a more pet-friendly environment, as it could make a ... ( read original story ...)
China Tightens Securities Lending Rule to Support Stock Market
China will halt the lending of certain shares for short selling from Monday, the securities regulator announced Sunday, in a move to support the country’s slumping stock markets. Most Read from BloombergSingapore’s $200, ( read original story ...)
A woman in China has decided to leave her $2.8m fortune to her dogs and cats and nothing to her children, says report
The woman from Shanghai, with the surname Liu, decided to cut her children out of her will because she felt they neglected her in her old age and did not visit when she was ill, the South China ... ( read original story ...)
Week In Review: Arrivent BioPharma Raises $175M In IPO For In-Licensings From China
ArriVent BioPharma priced its upsized NASDAQ IPO at $18 per share, raising $175M. Click here for more on biotech deals, financing, trials and approvals. ( read original story ...)
Balance of loans in Shanghai up 7.3 pct at end of December 2023
Specifically, the balance of loans in Chinese yuan stood at 10.59 trillion yuan, up 8.6 percent year on year, according to the People's Bank of China Shanghai Head Office. Outstanding foreign currency ... ( read original story ...)