Abu Dhabi, Shanghai plan exchange focusing on China trade

DUBAI (Reuters) - Abu Dhabi Global Market (ADGM), the emirate’s international financial center, has agreed in principle with the Shanghai Stock Exchange to cooperate in establishing an exchange focusing on China’s foreign trade and investment ... ( read original story ...)

Hot Hong Kong IPOs to the Rescue

Tencent is valued at 36 times estimated 2018 earnings -- 56 percent more expensive than Facebook Inc. Ping An's Hong Kong stock, meanwhile, is trading at a rare premium to its yuan-denominated shares in Shanghai ... in a Hong Kong IPO. ( read original story ...)