Tag: banking

Four Seasons Education, a Chinese provider of after-school math tutoring services, announced terms for its IPO on Friday. The Shanghai, China-based company plans to raise $101 million by offering 10.1 million shares (9% insider) at a price range of $9 to $11. ( read original story ...)

“The operation is aimed at smoothing liquidity volatility toward the beginning of next year,” said Li Liuyang, a Shanghai-based analyst at China Merchants Bank Co. “The cost of the two-month contracts also helps to fill in the gap in the interest ... ( read original story ...)

Zhang Xinyuan, head of the global trade financing arm of Bank of China's Shanghai branch, said he is fortunate to be playing a role in the reform and opening-up of China's financial sector. Zhang, 41, is one of the first people enterprises visit when in ... ( read original story ...)

The Shanghai Composite SHCOMP, +0.31% finished up 0.3%. But in Hong Kong, the Hang Seng index HSI, -0.36% lost 0.4%. Meanwhile, the Nikkei Stock Average NIK, +0.15% rose 0.2%, reversing some of a late selloff Wednesday that ended the index’s ... ( read original story ...)

Asian stock market results were patchy Thursday following modest overnight ... that followed the unveiling of members of the country’s top governing body. The Shanghai Composite SHCOMP, +0.37% finished morning trading up 0.5%. Not since Oct. 9 ... ( read original story ...)

The Shanghai Stock Exchange Composite Index, which tracks the fourth-biggest global stock market by market value, has moved more than 1% on 10 trading days this year. That’s down from 65 times for all of 2016 and 141 times in all of 2015. The past 30 ... ( read original story ...)

Advancing stocks outnumbered falling ones by 957 to 285 and 95 ended unchanged on the Shanghai Stock Exchange. The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 0.32% to 18.67. In commodities trading ... ( read original story ...)