111, which runs an online retail drugstore and healthcare platform in China, announced terms for its IPO on Wednesday. The Shanghai, China-based company plans to raise $140 million by offering 9.3 mil... ( read original story ...)
Young Chinese Fashion Designers Are Updating the Qipao
Today, a new wave of designers, such as Zheng Rong from Shanghai International College of Fashion, are applying cutting-edge technologies and design traits to bring this historic piece to the forefron... ( read original story ...)
Shanghai bank buys bigly into AMK
Taiwan-headquartered Shanghai Commercial and Saving Bank (SCSB) has acquired an 80 percent stake of AMK (Angkor Mikroheranhvatho Kampuchea), one of Cambodia’s leading microfinance institutions. The ca... ( read original story ...)
Shanghai crude futures eat into Western benchmarks as China pushes yuan
“Shanghai crude has good liquidity due to its high volatility ... their take-up by the financial industry has been limited. China’s new benchmark could change this, potentially breaking the Brent-WTI ... ( read original story ...)
Shanghai’s reign as world’s worst-performing stock market may have a while to go
The world-beating slump on Chinese equity markets may have more room to run, if the number of companies with stock prices below either their 200-day moving averages or book values is anything to go by ... ( read original story ...)
GLOBAL MARKETS-Stock market’s advance grinds to a halt on China concerns
LONDON, Aug 30 (Reuters) - Stock market gains came to a grinding halt on Thursday ... with broad gains across the region offset by losses in China. The Shanghai Composite Index .SSEC slid 0.9 percent ... ( read original story ...)
Country’s first financial court opens in Shanghai
Shanghai Financial Court, China’s first to specialize in finance cases, opened Monday as the city strives to become a global financial center. The court, at 209 Fuzhou Road, received its first case at ... ( read original story ...)