SHANGHAI Bank of Shanghai Co's (601229.SS) 10.7 billion yuan ($1.58 billion) initial public offering, the Shanghai bourse's largest this year, was oversubscribed by a factor of 763, according to a calculation by Reuters from two filings on Thursday and Friday. ( read original story ...)
Bank of Shanghai's 10.7b yuan IPO oversubscribed by 763 times
[SHANGHAI] Bank of Shanghai Co's 10.7 billion yuan (S$2.19 billion) initial public offering, the Shanghai bourse's largest this year, was oversubscribed by a factor of 763, according to a calculation by Reuters from two filings on Thursday and Friday. ( read original story ...)
Lujiazui hosts youth financial talent competition
The final of Financial Eyas, a youth financial talent competition, was held at Lujiazui, Shanghai's financial hub on Oct 29. [Photo/ljzfin.com] The final of a youth financial talent competition called Financial Eyas took place at Lujiazui, Shanghai's ... ( read original story ...)
Stock Connects can act as perfect hedge against yuan’s fall
is that both the Shenzhen and Shanghai Stock Connects are closed-loop systems, which cannot lead to capital flight from China market, Li said. Under the share trading schemes, mainland investors can exchange their yuan into Hong Kong dollars in the ... ( read original story ...)
Shanghai Composite Index Logs Slight Decline as Bank Loan Portfolio Quality Comes Into Question
The Shanghai Composite slipped another 3.78 points to kick off the week, closing at 3,100.49 for a loss of 0.12 percent on volume of 152 million shares. Insurance stocks in China took a mid-day hit after Chinese authorities announced they were restricting ... ( read original story ...)
China's asset bubble lifts stocks as Tobin's Q returns
The Shanghai Stock Exchange Composite Index has risen from months of stagnation and its floor is now as high as 3,100. Depending on which stocks draw money, the Q ratio may drive a market rally. ( read original story ...)
Hereditary Grand Duke Guillaume leads financial mission to China
His Royal Highness was joined by Luxembourg Minister for Finance, Pierre Gramegna and a delegation made up of 110 professionals from the financial sector. The delegation attended seminars in Beijing, Shanghai and Shenzen organised by ‘Luxembourg for ... ( read original story ...)