The Nikkei Stock Average NIK, +0.29% closed up 0.3%, after an early decline of 0.1%. The Shanghai Composite Index SHCOMP, +1.21% added 1.2% to its highest point in more than two months, while in Hong Kong, where the market had been closed Friday due ... ( read original story ...)
Baird Appoints Lydia Xu as Head of China Investment Banking
In the past year, Baird advised on notable deals such as Mayborn Group's sale to Shanghai Jahwa (Group) Ltd. [http://www.rwbaird.com/ma-transactions/investment-banking/DealCard/4916], Metabo AG's sale to Hitachi Koki Co., Ltd [http://www.rwbaird.com/ma ... ( read original story ...)
China central bank learns lessons as deflates money market risk
SHANGHAI Three years ago, China's central bank engineered a cash crunch to force commercial banks to reduce their reliance on short-term money markets. Interest rates spiked, spooking global markets who feared a banking crisis was imminent. Once again ... ( read original story ...)
Bank of Shanghai Set to Raise $1.6 Billion in A-Share’s Largest IPO This Year
SHANGHAI—Bank of Shanghai plans to raise as much as 10.7 billion yuan ($1.6 billion) in an initial public offering, joining a swath of local lenders to tap into the equity market for expansion in what is expected to be the largest IPO in China this year. ( read original story ...)
Shanghai banks told to limit loans to property developers – report
Banks were also asked to reject mortgage applications of people who had divorced within three months, it quoted an internal filing from a Shanghai-based rural commercial bank as saying. A property price rally has prompted a home buying frenzy in parts of ... ( read original story ...)
Bank of Shanghai IPO set to be big
The initial public offering of Bank of Shanghai Co Ltd is expected to become the largest one this year in China's A-share market, raising 10.7 billion yuan ($1.6 billion). The city commercial bank will issue no more than 600.5 million shares and sell ... ( read original story ...)
Bank’s IPO may rank as biggest for 2016
Bank of Shanghai plans to raise 10.7 billion yuan ($1.6 billion) in its initial public offering which may possibly be the biggest IPO float this year in Shanghai's stock market, the lender said yesterday. The state-owned bank will price its IPO shares at ... ( read original story ...)