Five of the firms will be listed on the Shanghai exchange, one on the Shenzhen SME board, and four on the ChiNext, China's NASDAQ-style board. The 10 firms and their underwriters are scheduled to confirm the IPO dates following discussions with the ... ( read original story ...)
China’s property curbs seen giving mainland A shares a boost
“We should never underestimate the power of speculative capital in China.” In 2009, the Shanghai stock market indicator soared 80 per cent buoyed by the inflow of speculative capital. In a research report, the Chinese Academy of Social Sciences ... ( read original story ...)
Bitcoin plummets as China’s central bank launches checks on exchanges
China’s central bank launched spot checks on leading bitcoin exchanges in Beijing and Shanghai, ratcheting up pressure on potential capital outflows and knocking the price of the cryptocurrency down more than 16 per cent. The price of bitcoin touched a ... ( read original story ...)
China stocks fall for second day as more IPOs approved
The blue-chip CSI300 index fell 0.7 percent to 3,334.50 points, while the Shanghai Composite Index lost 0.8 percent to 3,136.75. Analysts said faster approvals of initial public offerings (IPO) and increasing issuance of additional shares by listed ... ( read original story ...)
China Dividend ETFs And No Banking
Consumer sentiment is also rising along with the muted rise of the Shanghai index which shows no sign of a bubble. Some analysts are still concerned about the debt overhang so investors could be interested in ETFs which spread risk and exclude banking and ... ( read original story ...)
China IPO Fundraising Set to Jump as State Pushes Debt Reduction
The Shanghai Composite Index fell 12 percent last year. “The increased supply of new shares in 2017 will suppress the post-IPO price surge,” Lin Jin, a Shanghai-based analyst at Shenwan Hongyuan Group Co., said by phone. China International Capital ... ( read original story ...)
BRIEF-Shanghai AtHub issues prospectus for Shanghai IPO
SAN FRANCISCO, Jan 9 The online classified advertising site Backpage.com abruptly shut its "adult" section on Monday, yielding to a campaign by some state and federal government officials to close a service they contend promotes prostitution and human ... ( read original story ...)