It would be rational to accept the offer and get delisted now, said He Xiaopeng, research director at Morning Whistle Group, a Shanghai-based research firm on cross-border acquisitions. "iKang's market cap was roughly $1.29 billion (8.17 billion yuan), a ... ( read original story ...)
Asian stocks pull back, led by banking and tech shares
“That would have a slight dampening effect on the economy overall,” she said. The Shanghai Composite SHCOMP, -0.57% fell 0.6% and Hong Kong’s Hang Seng Index HSI, -0.53% ended 0.5% lower. Financial and tech stocks, key soft points for the U.S ... ( read original story ...)
Stay Tuned for the Most Innovative LED Bulbs on Light + Building Frankfurt
After making a great success at the Light+Building 2016, the leading LED lighting enterprise, Shanghai Wellmax Lighting Industry (WELLMAX) will attend the incoming fair from 18th- 23rd March. It is said that WELLMAX has fully prepared to wow its global ... ( read original story ...)
Irish expats in Shanghai celebrate their culture with St. Patrick’s Day
Highlights were an Irish marching band and Chinese dragon dancers during a parade led by the Consul General of Ireland in Shanghai. On and around St. Patrick's Day, major celebrations take place not just in Ireland but across the world. St. Patrick's Day ... ( read original story ...)
Tesla’s China factory plans still a ‘shared goal,’ claims Shanghai officials
Nevertheless, the Shanghai officials assured the publication that an announcement ... For one, it would be able to tap into the country’s strong workforce, which would likely aid the Elon Musk-led firm in producing more vehicles than before. ( read original story ...)
Chinese investors want relaxed rules for tech IPOs: exchange
SHANGHAI (Reuters) - Most Chinese investors expect regulators to relax rules on initial public offerings (IPOs) by technology companies, and would like to invest in such domestic listings, the Shenzhen Stock Exchange said on Wednesday, citing a recent survey. ( read original story ...)
AgBank plans US$16.8b recapitalisation drive alongside China banking regulatory move
“The joint notice comes as part of a policy framework, flagging that more detailed measures on capital strengthening for banks is likely on the way,” said Zhao Yarui, a senior researcher at Bank of Communications in Shanghai. “Banks are under ... ( read original story ...)