IPO activity steadily quickened in the second half of 2016. In 2016, the Hong Kong exchange's main board and Growth Enterprise Market (GEM) was the world's leading exchange by capital raised with 19 percent of the global total, ahead of the Shanghai Stock ... ( read original story ...)
A Bruised Investor Seeks Justice for China’s Market Turmoil
... watched helplessly as the numbers flashed across a computer screen in his office in Shanghai’s glittering financial district. The Chinese stock market was in free fall again. In a spectacular crash just months earlier, it had wiped out significant ... ( read original story ...)
To Problems With China’s Financial System, Add the Bond Market
SHANGHAI — Chinese officials cheered on the country’s ... Now another fast-growing part of China’s vast and increasingly complicated financial market is showing signs of distress: its $9 trillion bond market. Prices for government and corporate ... ( read original story ...)
Financial sector still a top draw for talent despite dwindling market turnover
Though Hong Kong is the only market at present to tie up with Shanghai and Shenzhen, it would lose its hub status in cross border trading if the tie-up happens, they said. Financial lawmaker calls on SFC to relax rules restricting Hong Kong stockbrokers ... ( read original story ...)
Shanghai Stocks Fall, But Global Banking Organizations Project Continued Growth in China
The Shanghai Composite Index slipped 4.9 points, or 0.16 percent to start the week, closing at 3,118.08 points on relatively light volume of 154 million shares. The Shenzhen Composite Index likewise closed lower today, sinking 0.38 percent. The spark that ... ( read original story ...)
China central bank to count off-balance sheet wealth management products in assessing banks' risk: sources
SHANGHAI China's central bank will tighten supervision of shadow banking businesses by including off-balance sheet wealth management products (WMPs) into its risk-assessment framework next year, sources with direct knowledge of the matter told Reuters. ( read original story ...)
China central bank presses banks to help with funds after interbank lending freezes: Caixin
SHANGHAI China's central bank stepped in to urge major commercial banks to lend to non-bank financial institutions on Thursday afternoon after many suspended interbank operations amid tight liquidity conditions, Caixin reported on late on Thursday. ( read original story ...)