HONG KONG (Reuters) - The Hong Kong Monetary Authority (HKMA) has fined Shanghai Commercial Bank Ltd HK$5 million ($636,967) and reprimanded it for breaching anti-money laundering and counter terroris... ( read original story ...)
Nio IPO: 5 things to know about the ‘Chinese Tesla’
Nio Inc., a Shanghai-based electric-car maker ... If Nio succeeds in raising that sum, it would mark the fourth largest U.S. IPO this year, behind Axa Equitable Holdings’ EQH, +0.95% $3.16 billion, Pa... ( read original story ...)
Why the drop in China’s stock market might not reflect its economic reality
Kudlow may simply have been looking at the decline in the Shanghai stock market. But the Chinese stock market is not very efficient and does not necessarily reflect underlying economic realities. But ... ( read original story ...)
Shanghai stocks end at 31-month low as healthcare firms slump
The Shanghai stock index is below its 50-day moving average and below ... About 11.24 billion shares were traded on the Shanghai exchange, roughly 81.5 per cent of the market's 30-day moving average o... ( read original story ...)
Shanghai, Alibaba, and Ant Financial sign new strategic partnership agreement
Shanghai, Alibaba, and Ant Financial have signed a strategic cooperation agreement to boost the integrated development of the Yangtze River Delta. According to local media reports (in Chinese), under ... ( read original story ...)
China Biotech I-Mab Is Said to Target Up to $500 Million in IPO
The Shanghai-based company plans to submit an application to the Hong Kong stock exchange next week, the people said, asking not to be identified because the information is confidential. I-Mab aims to ... ( read original story ...)
China wants foreigners to help boost flagging stock market and push its opening agenda
At the same time, authorities are keen to boost a stock market that has struggled in the face of a slowing economy and a falling yuan currency, as well as the pressures from the US trade tariff onslau... ( read original story ...)