The company is profitable, growing quickly, but still burning cash. I'll provide a final opinion on the IPO when we know more details. Quick Take Shanghai-based Secoo Holding Limited (SECO), a platform for luxury products, intends to raise $100 million ... ( read original story ...)
Square Mile seeks Shanghai link
The City is in talks with Shanghai's municipal government about a collaboration at a time when Brexit uncertainties is prompting the UK's main financial district to look beyond Europe for future business partners, according to Sherry Madera, the City of ... ( read original story ...)
Hong Kong businessman and socialite David Tang dies at 63
HONG KONG — David Tang, the flamboyant and outspoken socialite and entrepreneur who founded the Shanghai Tang fashion brand, has died. He was 63. The Financial Times newspaper, for which he wrote a popular tongue-in-cheek advice column, reported Tang’s ... ( read original story ...)
China stocks flat as stronger airlines, resources offset by losses in bank
SHANGHAI: China stocks ended flat on Wednesday, as strong gains in airline operators and resources firms were offset by weakness in banking stocks with investors awaiting first-half results for some of the country's biggest banks. The blue-chip CSI300 ... ( read original story ...)
China’s postal bank plans Shanghai listing, seeks to raise $785 million
HONG KONG (Reuters) - State-owned Postal Savings Bank of China (1658.HK), the country's biggest lender by branches, said it was planning a Shanghai listing, seeking to raise around $785 million. The move follows its Hong Kong listing last year in which the ... ( read original story ...)
China’s Equity-Market Underdogs Could End the Year in Front
The also-rans of China’s stock rally this year, mainland equities have been ... a phoenix-from-the-ashes revival in what is the world’s second-largest share market. The Shanghai Composite Index is neck-and-neck with the offshore-dominated MSCI China ... ( read original story ...)
ISH Shanghai & CIHE 2017 Opens Sept. 5
5-7 at the Shanghai New International Expo Centre (SNIEC). The fair is jointly organized by Messe Frankfurt (Shanghai) Co. Ltd., Beijing B&D Tiger Exhibition Co. Ltd., and Shanghai Zhanye Exhibition Ltd. As economic development in East and Central China ... ( read original story ...)