Tag: finance

Xiaomi's big Hong Kong IPO is shrinking. The Chinese smartphone maker is set ... They have been hit especially hard by the market turmoil, with the benchmark Shanghai index falling more than 20% from its peak earlier this year. Related: How China's Xiaomi ... ( read original story ...)

SHANGHAI, June 29 (Xinhua) --- Morocco's BMCE Bank of Africa is busy preparing to open a branch in Shanghai in the third quarter this year. To take advantage of China's latest financial sector opening up, foreign financial institutions have accelerated ... ( read original story ...)

Coming from the urban hub of Pudong, we crossed towards the Bund. Since it was night, it glowed in golden lights with the Customs House, the Hong Kong and Shanghai Banking Corporation (HSBC) Building, and the former Bank of Communications as among the ... ( read original story ...)

But with regulators unwilling to bend on Xiaomi, one of this year’s largest IPOs, the future of other Chinese listings has been called into question. Xiaomi had planned to raise about $10 billion selling stock in Shanghai and Hong Kong, but that fell ... ( read original story ...)

Amplify has today announced that it has established a fully registered business in Shanghai, delivering its innovative technology to universities and financial institutions across mainland China. Amplify has chosen Shanghai as its strategic base to foster ... ( read original story ...)

But with regulators unwilling to bend on Xiaomi, one of this year’s largest IPOs, the future of other Chinese listings has been called into question. Xiaomi had planned to raise about $10 billion selling stock in Shanghai and Hong Kong, but that fell ... ( read original story ...)

SHANGHAI — Months of struggling with economic problems at home and bickering with President Trump over trade are starting to take their toll on China’s financial health. China’s stock market has now fallen close to levels not seen since a crash ... ( read original story ...)