Commercial banks in Shanghai have been hiking investment in and underwriting of bonds to help local governments and small firms raise money, playing a vital role in the economic recovery after the ... ( read original story ...)
Beijing’s Drive for Looser Lending Raises Fears of Bank Margin Squeeze
Beijing's mandate to aid virus-hit sectors has left China's banking sector lagging behind a broader market rally as the economy reopens, with investors fearful a cash splash by lenders will increase ... ( read original story ...)
CX Daily: Why Newly Listed Chinese Stocks Fall Below Their IPO Prices
Why newly listed Chinese stocks fall below their IPO prices. Investing in Chinese IPOs was once hailed as the safest of safe bets, with guaranteed huge ret ... ( read original story ...)
DIDI Stock Surges 65% as China’s Probe Into DiDi Winds Down
Prior to today, DIDI stock had declined 85% since its initial public offering (IPO) last summer to trade at $1.85 ... particularly in financial and manufacturing centers such as Shanghai. Government ... ( read original story ...)
A cluster of 3 towering skyscrapers, each taller than 1,300 feet, forms a distinctive peak above Shanghai’s financial district — check it out
The three buildings are Shanghai Tower, Shanghai World Financial Center, and Jin Mao Tower, architect Stefan Al wrote in his new book, "Supertall." ... ( read original story ...)
Ant Group emerges as ‘less finance and more tech’ two years after mega IPO was called off, analysts say in wake of ESG report
Ant has been under a state-guided restructuring process since its IPO in Shanghai and Hong Kong was called off in 2020 Fintech firm will focus on four pillars: digital inclusion, low carbon, ... ( read original story ...)
Caixin Explains: Why Newly Listed Chinese Stocks Fall Below Their IPO Prices
Investing in Chinese IPOs was once hailed as the safest of safe bets, with guaranteed huge returns to investors. The rationale was that the stock of a newly listed company would almost certainly rise ... ( read original story ...)