SHANGHAI, July 4 (Reuters) - China's yuan firmed against the U.S. dollar on Tuesday, with major state-owned banks selling the greenback in the onshore market that helped bolster the Chinese currency. The People's Bank of China (PBOC) set the yuan midpoint ... ( read original story ...)
LeEco-related bank accounts held
A Shanghai Court reportedly ordered a freeze on the bank accounts of LeEco chairman Jia Yueting and his wife, as well as bank accounts of three LeEco- related companies, mainland media reported yesterday. The accounts held a combined 1.24 billion yuan (HK$ ... ( read original story ...)
HSBC – the private bank with a truly global perspective
All investments involve risks and may experience upward or downward movements and may even become valueless. Issued by The Hongkong and Shanghai Banking Corporation Limited. ( read original story ...)
Opening fanfare then little action for Hong Kong-Mainland China bond link
and is modeled in part on the stock-market links between Hong Kong and Chinese exchanges in Shanghai and Shenzhen. Unlike the stock-market links, the bond-trading connection is one-way: Foreigners can buy bonds in the mainland market, but Chinese investors ... ( read original story ...)
China’s $9tn bond market opens up to foreign investors
China's $9 trillion bond market is the third-largest in the world ... That link followed the launch of the Shanghai-Hong Kong Stock Connect in November 2014, which allowed international investors to trade in hundreds of Shanghai-listed A-shares as well ... ( read original story ...)
First half ‘s Chinese IPO tide may ebb in Jul-Dec on curbs
The Shenzhen Stock Exchange topped global bourses with 126 IPOs in the first half, followed by Shanghai with 120 and Hong Kong with 69. In all, there were 772 IPOs globally that raised $83.4 billion. In terms of proceeds, New York topped the list ... ( read original story ...)
China’s IPOs surge in first 6 months of 2017 as stock market stabilizes
The surge of new IPOs reflects the relative stability of China’s stock market over the past year. A total of 119 enterprises in the Shanghai Stock Exchange and 128 in the Shenzhen Stock Exchange went public in the first half of 2017, according to the ... ( read original story ...)