Bank of China (BoC) is considering compensating up to 20% of all investors' original investments in crude oil-linked products, and shouldering all losses recorded in negative territory, two sources ... ( read original story ...)
Dada Nexus Files For U.S. IPO
Dada Nexus has filed to raise $100 million in a U.S. IPO, although the final figure will likely be higher. The firm operates an on-demand delivery service in Ch ... ( read original story ...)
China’s securities watchdog pledges to clean up financial markets
China's securities watchdog promised a series of measures to clean up its financial markets as well as reforming the way companies as Beijing looks to limit reputational damage from a number of ... ( read original story ...)
China’s bond regulator warns Citic Securities, Industrial Bank over low fees
A bond market regulator in China warned Citic Securities and Industrial Bank on Friday against charging bond underwriting fees way below normal levels in the market, calling this "improper competitive ... ( read original story ...)
New Fund, New IPOs: The Era Of Successful China VC Investing Hasn’t Ended Here
The message on venture capital was sober: U.S.-owned VC investment into China plunged last year and competition has grown. “This golden era is over” for outsized returns there, Rhodium Partner Thilo ... ( read original story ...)
China c.bank surprises by keeping MLF rate steady, focus now on next week’s LPR
China's central bank unexpectedly kept the interest rate on its medium-term funding for financial institutions steady on Friday, even as authorities have stepped up the pace of monetary easing ... ( read original story ...)
Succcess In Japan Helps Mint New China Billionaire Couple
Linkage’s IPO follows a big gain on Friday by China’s Kingsoft Cloud, a cloud services business chaired by Chinese billionaire Lei Jun, after it began Nasdaq trading (see related story here ). Last ... ( read original story ...)