"The authorities knew that Shanghai needed to have a high-end financial institute to help the city progress and catch up with its international counterparts. This marked the birth of SAIF." The institute now boasts an internationally-minded faculty team ... ( read original story ...)
China stocks flat as financial shares gain on signs of improvement; HK down
SHANGHAI, Oct 28 China stocks were little changed on Friday ... Investors found some solace also in third-quarter results from banks and brokerages, pushing up the financial sector. China Construction Bank Corp reported its bad loans declined for the ... ( read original story ...)
UPDATE 1-Bank of China Q3 profit up 2.4 pct as margins shrink, NPLs rise
SHANGHAI/BEIJING, Oct 26 Bank of China Ltd (BoC) , the country's fourth-biggest lender by assets, reported a 2.4 percent rise in third-quarter net profit on Wednesday, even as margins shrank and bad loans rose. State-owned BoC's results, the first among ... ( read original story ...)
China returns to U.S. IPO market in a big way
“If they can’t cut the line to sell stock to raise funds in China, they may increasingly hop a plane to the U.S. to tap the markets.” ZTO Express is ... it aims to raise as much as $269.5-million. Shanghai Paipaidai Financial Information Service ... ( read original story ...)
Fraser Howie — A stock exchange with Chinese characteristics
Which stock exchange in China has the most listed companies -- Shenzhen or Shanghai? The answer is neither, but rather a low profile market in Beijing called National Equities Exchange and Quotations. On its web site, it proudly boasts of 9,927 listed ... ( read original story ...)
Hong Kong, Shanghai stock markets retreat
Hong Kong and Shanghai stocks tumbled on Wednesday, tracking losses on Wall Street, with energy firms sinking in line with falling oil prices. The Hang Seng Index closed 1.02 percent or 239 points lower, at 23,325. Market turnover was HK$52.11 billion. ( read original story ...)
Hong Kong, Shanghai stock markets rally
Shares in Hong Kong and Shanghai rallied on Monday on hopes for fresh reform measures from the mainland leaders, as dealers also looked ahead to the start of the corporate earnings season. The Hang Seng Index in Hong Kong added 1 percent, to 23,604. ( read original story ...)