SHANGHAI/BEIJING (Reuters) - The banking regulator in Shanghai, China’s commercial capital, has told commercial banks to “strictly control” acquisition loans for financing property development projects, two sources with direct knowledge of the matter ... ( read original story ...)
Investors get ready for a surge in blockbuster China IPOs
its convenient time zone for Asian executives and the Stock Connect schemes linking trading in Shanghai and Shenzhen with Hong Kong, which can build Chinese interest once shares have listed. The links don't yet allow IPO investments. In response to Wall ... ( read original story ...)
China approves 3 IPO applications
BEIJING - China's securities regulator Friday approved three new IPO applications, which will raise up to 4.9 billion yuan ($767 million) in the A-share market. Two companies will be listed on the Shanghai Stock Exchange and one will on the ChiNext ... ( read original story ...)
First official Belt and Road bond issued on Shanghai exchange
The first official Belt and Road bond in China's domestic market offered few advantages for the issuer Hongshi Holding Group, a privately owned cement maker, printed the $300 million yuan ($47 million) three-year corporate bond on the Shanghai Stock ... ( read original story ...)
Shanghai banks are becoming nicer, responding to shifting customer expectations, says McKinsey
“The new branch underlines our latest effort to run banking services in a brand new and innovative way.” Sophie Ding, 31, an office worker in Shanghai, said she felt foreign banks are increasingly catering to technology-savvy customers, adding that she ... ( read original story ...)
What’s Next in China’s Bid to Cool Housing Market: QuickTake Q&A
A stock-market meltdown in 2015 only heightened the appeal of investing ... Police in the financial hub of Shanghai had to restore order in 2016 when lines of people thronged real estate transaction centers and clogged traffic. Last year, after the ... ( read original story ...)
China Starts Experiment to Tame Its Wild Property Market
“China’s property market is on the brink of tremendous change,” said ... Banks are offering credit lines to developers for financing rental projects, and the Shanghai Stock Exchange is encouraging the creation of investment products backed by ... ( read original story ...)