Declining stocks outnumbered rising ones by 897 to 435 and 46 ended unchanged on the Shanghai Stock Exchange. The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 0.14% to 21.42. In commodities trading ... ( read original story ...)
Tongji University, Timeasset Financial establish first Robo-Advisor Lab in China
2018 /PRNewswire/ -- The Chinese Academy of Science and Technology Management (CASTM), Tongji University and Shanghai Timeasset Financial Information Service Co., Ltd. ("Timeasset Financial") established the Tongji University Robo-Advisor Lab on May 23 ... ( read original story ...)
Bank of Shanghai issues China’s first Blockchain-based LC
(ECNS) - Bank of Shanghai and China Construction Bank signed an agreement to launch China's first blockchain-based Letter of Credit on Tuesday. Bank of Shanghai also entered a strategic cooperation arrangement with Jiangsu HopeRun Software, a leading IT ... ( read original story ...)
Foxconn’s unit targets raising $4.3 billion in biggest China IPO since 2015
is offering up to 1.97 billion shares at 13.77 yuan per share in Shanghai, according to a statement it filed to the stock exchange late on Tuesday. With 10 percent of its enlarged capital offered in the initial public offering (IPO), Shenzhen-based FII ... ( read original story ...)
Foxconn unit aims to raise $4.3 billion in biggest China IPO since 2015
Foxconn Industrial Internet’s IPO, expected to launch on May 24, will be the largest Chinese float since 2015. Reporting by Jess Macy Yu in Taipei, and Engen Tham and Yiming Shen in Shanghai; Additional reporting by Jennifer Hughes in Hong Kong ... ( read original story ...)
China stocks slip as banking, real estate shares weigh
FTSE China A50 -1.1 pct, BNY Mellon ADR China Select Index -0.3 pct SHANGHAI, May 22 (Reuters) - China stocks slipped on Tuesday, weighed down by real estate and banking firms, despite renewed optimism about global growth as the United States and China ... ( read original story ...)
Shanghai billionaire Gui Guojie, the financial power behind Port Adelaide in China
SHANGHAI tycoon Gui Guojie — the billionaire behind Port Adelaide’s move into China — expects the AFL to stay in China for a long time ... and not just for the big money. Gui, who immediately took to Australian football on seeing an AFL game (Port ... ( read original story ...)