while the Shanghai Composite Index lost 0.5 percent to 3,075.68 points. The market has been hobbled over the past few weeks by fears of renewed economic slowdown and heavy-handed regulation aimed at limiting broad financial risks. The official think tank ... ( read original story ...)
BRIEF-Zheshang Securities sets pricing for Shanghai IPO
* Says it plans to issue up to 333.33 million shares at 8.45 yuan ($1.23) per share, to raise up to 2.82 billion yuan in Shanghai IPO Source text in Chinese: bit.ly/2q7QJYo ($1 = 6.8865 Chinese yuan renminbi) (Reporting by Hong Kong newsroom) Our Standards ... ( read original story ...)
BRIEF-Zheshang Securities issues prospectus for Shanghai IPO
Source text in Chinese: bit.ly/2qlr2Xk (Reporting by Hong Kong newsroom) Our Standards: The Thomson Reuters Trust Principles Next In First Republic News ( read original story ...)
China stocks up for 4th day as PBOC boosts financial-system liquidity
SHANGHAI, May 16 (Reuters) - China stocks reversed earlier losses to end higher for the fourth straight day on Tuesday, as investors were relieved by central bank efforts to boost liquidity in the financial system even as regulators announced fresh curbs ... ( read original story ...)
China's Investor Army Is Bracing for More Stock-Market Pain
Galant Jiang, 29, is a tech-support professional at a finance company in Shanghai: “The recent decline was a result ... as “we’ve seen steeper and more drastic declines in China’s stock market before. The government will step in anyway when its ... ( read original story ...)
Here’s how China’s credit crackdown could derail the U.S. stock market
The Shanghai stock index’s 12-month forward P/E ratio, a commonly used price-to-earnings ratio based on analyst forecasts for the year ahead, was 24.2 in June 2015 but now sits at 13. Any predictions of a stock market blowout would have to be balanced ... ( read original story ...)
China Suspends Bond Market After “Abnormal Fluctuations”
The Shanghai Stock Exchange has suspended trading of the bond (Number ... One wonders if the delveraging is killing liquidity in the Treasury market now (as we have already seen the impact in the corporate bond market) ( read original story ...)