“We must bear in mind that controlling prices of land and homes is not a makeshift policy,” the mayor told a press conference after the close of the annual session of Shanghai People’s Congress. “We w... ( read original story ...)
Breakthroughs seen in rules for technology stocks’ board
Major breakthroughs are seen in newly released regulations for the highly anticipated science and technology innovation board to be launched at the Shanghai Stock Exchange, providing more financing op... ( read original story ...)
Deutsche Bank Said to Seek China License in Move to Boost Ties
Deutsche Bank AG has applied with Chinese regulators for a license ... and the effort suffered a major blow in June when Xiaomi Corp. decided against floating CDRs in Shanghai. After Scholz’s visit to ... ( read original story ...)
Asia Stock Market: Nikkei and the Shanghai were amongst the losers in Asia
Both the Nikkei and the Shanghai were amongst the losers in Asia, dropping 108.10(-0.52%) and 17.28(-0.67%) bps respectfully. Kospi on the contrary had a positive day climbing more than 1%. The prolon... ( read original story ...)
It’s China! No, it’s Japan! In months-long battling, China regains its title as home to world’s second-largest stock market
with a 25 per cent drop on the Shanghai exchange that made it the world’s worst performing major market. Shanghai’s stock index ends 2018 as the world’s biggest loser as trade war, slowing Chinese eco... ( read original story ...)
China central bank unveils plan to build Shanghai into a financial centre
BEIJING (Reuters) - China’s central bank issued a plan on Thursday on building Shanghai into an international financial centre, and reiterated that it will step up the opening of its financial ... ( read original story ...)
China to ease IPO rules on planned board to lure tech titans
China will relax rules on IPOs for a planned Nasdaq-style tech board in Shanghai as it seeks to encourage start-ups to list at home after losing the likes of Alibaba and Baidu to Wall Street. Existing ... ( read original story ...)