Tag: banking

The Shanghai and Shenzhen stock exchanges, the country's largest bourses, have accepted zero IPO applications since the start of the year As deals slump, many bankers have been idled at home for ... ( read original story ...)

SHANGHAI/HONG KONG (Reuters ... Retail investors get burnt in China's stock market where "many business people - not aspiring entrepreneurs - seek IPOs as a way to cash out," said Yang Tingwu, vice general manager of asset manager Tongheng Investment. ( read original story ...)

Market Cap is calculated by multiplying the number of shares outstanding by the stock's price. For companies with multiple common share classes, market capitalization includes both classes. ( read original story ...)

Tesla’s sales in China fell about 30% from the 89,064 sold in March and were down about 18% from 75,842 a year earlier. The CPCA number is a wholesale figure that includes exports. CPCA retail sales data typically become available later in the month. ( read original story ...)

Tesla stock was falling early Tuesday as Chinese sales numbers—and results from electric-vehicle start-up Lucid—weighed on investor sentiment.In April, Tesla sold 62,167 units from its plant in Shanghai, ( read original story ...)

But the Shanghai Composite index recovered from early losses ... Apple slipped 0.9% after Berkshire Hathaway revealed it had pared its stake in the tech giant. The U.S. stock market has been swinging since setting a record at the end of March. ( read original story ...)

SHANGHAI (Reuters) - China International Capital Corp (CICC) may reduce its investment banking headcount by at least 10% this year, two people with knowledge of the matter said, as a capital market ... ( read original story ...)