SHANGHAI/BEIJING, Oct 26 Bank of China Ltd (BoC) , the country's fourth-biggest lender by assets, reported a 2.4 percent rise in third-quarter net profit on Wednesday, even as margins shrank and bad loans rose. State-owned BoC's results, the first among ... ( read original story ...)
China returns to U.S. IPO market in a big way
“If they can’t cut the line to sell stock to raise funds in China, they may increasingly hop a plane to the U.S. to tap the markets.” ZTO Express is ... it aims to raise as much as $269.5-million. Shanghai Paipaidai Financial Information Service ... ( read original story ...)
Guy arrested for throwing shared bikes into Huangpu River from the Bund, says he regrets nothing
Visitors to the Bund got an extra treat on Monday ... managed to escape and then threw a few more into Shanghai's scenic waterway for good measure. According to Shanghai Daily, police say that in total the man damaged six Mobikes and cast three more ... ( read original story ...)
Fraser Howie — A stock exchange with Chinese characteristics
Which stock exchange in China has the most listed companies -- Shenzhen or Shanghai? The answer is neither, but rather a low profile market in Beijing called National Equities Exchange and Quotations. On its web site, it proudly boasts of 9,927 listed ... ( read original story ...)
Hong Kong, Shanghai stock markets retreat
Hong Kong and Shanghai stocks tumbled on Wednesday, tracking losses on Wall Street, with energy firms sinking in line with falling oil prices. The Hang Seng Index closed 1.02 percent or 239 points lower, at 23,325. Market turnover was HK$52.11 billion. ( read original story ...)
SIGN & LED CHINA & DIGITAL SIGNAGE 2016 Successfully Concludes
GUANGZHOU, China, Oct. 26, 2016 /PRNewswire/ -- Organized by UBM Trust, a joint venture with UBM Asia Ltd., SIGN CHINA, LED CHINA and DIGITAL SIGNAGE 2016 successfully concluded on September 22nd at the Shanghai New International Expo Center (SNIEC). ( read original story ...)
Shanghai Composite Index Gains Lead by Big Coal As Renminbi Continues to Fall
The Shanghai Composite eked out another gain today ... All eyes were on the Kospi, though, as today’s data release from Seoul indicated a marked economic slowdown, led by Hyundai, Hanjin and the struggling Samsung, reeling from the disastrous rollout ... ( read original story ...)