China approves nine IPO applications

17 (Xinhua) -- China Securities Regulatory Commission (CSRC) has approved IPO applications from nine companies. The firms will raise up to 4.4 billion yuan (more than 670 million U.S. dollars), the CSRC said. Three companies will be listed on the Shanghai ... ( read original story ...)

10 Top Tourist Attractions in Shanghai

Some visitors pig out on the food – Shanghai’s cuisine is considered one of China’s top four cuisines. Yes, China’s financial capital, located on the Yangtze River Delta, is hustling and bustling but visitors also will find pockets of ancient ... ( read original story ...)

Reports: China orders bitcoin exchanges to shut down

Regulators in Shanghai, the country’s financial centre, gave verbal instructions to exchange operators to shut down, China Business News and 21st Century Economic Report said on their websites. They gave no other details. Bitcoin’s value tumbled 15 per ... ( read original story ...)

Shenzhen lags behind Beijing, Shanghai in top 10 Chinese cities

While Shanghai, Beijing and Shenzhen remain the top three financial centers among Chinese mainland cities, the gap between Shenzhen and the other two is widening, according to the China Financial Center Index released by a Shenzhen-based think tank on Friday. ( read original story ...)