Hong Kong’s stock exchange is ranked 10th on the LSEG’s global IPO stock exchange rankings in the first quarter, behind Mumbai and Shanghai, despite listings on the mainland also collapsing to record ... ( read original story ...)
Chinese bubble-tea maker Chabaidao sinks 27% on Hong Kong debut as investors offload shares in biggest IPO of the year
Chabaidao's shares closed the day at HK$12.80 after slumping as much as 38 per cent in intraday trading China's third-largest tea drinks chain raised about HK$2.6 billion (US$331.7 million) from the ... ( read original story ...)
Shanghai interbank offered rate rises modestly on Tuesday
On Tuesday, the Shanghai Interbank Offered Rate (Shibor), a key indicator reflecting the borrowing costs within China's interbank market, saw a modes ... ( read original story ...)
China details regulations on non-bank payment institutions
In recent years, China has witnessed remarkable growth in its non-bank payment industry. Data shows that over 1 trillion transactions are made in the country via non-bank payment institutions annually ... ( read original story ...)
Chinese market regulator CSRC’s support will divert scores of mainland firms’ IPOs to Hong Kong, analysts say
Some mainland companies with strong fundraising needs may opt to transition their listing plans to Hong Kong, according to Deloitte's Edward Au Central government is asking mainland's leading ... ( read original story ...)
Stock market today: Asian shares shrug off Wall St blues as China leaves lending rate unchanged
The market’s worst performers included several stocks that had been its biggest stars. Super Micro Computer lost more than a fifth of its value, dropping 23.1%. The company, which sells server and storage systems used in AI and other computing, had soared nearly 227% for the year coming into the day. ( read original story ...
Brokers Woo ‘Snowball’ Buyers With 40% Returns After China Stock Market Rout
Chinese securities firms are dangling near record-high returns to lure investors back into the market for derivatives that fueled the nation’s stock selloff earlier this year, as fallout from the meltdown cuts deeper into their profits from the business. ( read original story ...)