Asian markets were trading lower, mirroring Wall Street. Hong Kong's Hang Seng Index traded lower by 1.13 per cent, Japan's Nikkei was down 0.62 per cent, South Korea's Kospi fell 0.26 percent, and ... ( read original story ...)
Coordination on financial risks serves common interests
That means the two sides have more means to avoid misunderstandings through timely exchanges in their joint response to common financial challenges. In the meeting, the two sides also communicated ... ( read original story ...)
China Tourism Group picks Hong Kong for US$2.5 billion IPO as the world’s largest duty-free retailer raises capital to expand
it will help encourage more big IPOs.” The maximum offer price represents a 27.3 per cent discount to the company’s yuan-denominated shares in Shanghai, which fell 2.8 per cent to 195.66 yuan ... ( read original story ...)
Shanghai Century Acquisition Corporation Announces Extraordinary General Meeting of Shareholders for Appointment of Voluntary Li
No payments will be made in respect of the outstanding warrants (which have expired worthless) or to any of its initial shareholders with respect to the shares owned by them prior to the IPO. Shanghai ... ( read original story ...)
Shanghai Century Acquisition Corporation Announces Termination of Proposed Acquisition of Kelun Pharmaceutical and Signing of Ag
currently advisor to Shanghai Century and Chairman of Hang Seng Bank Limited as well as a member of the board of The Hongkong and Shanghai Banking Corporation Limited, will also be directors of ... ( read original story ...)
China, U.S. to set up contact group for any future ‘financial stress events’
China’s central bank said a meeting in Shanghai produced an agreement with the U.S. Treasury to appoint contact people to deal with any future “financial stress events,” a rare example of the world’s ... ( read original story ...)
US, China To Work Together To Achieve Financial Stability
According to CNBC, the agreement was part of a meeting on Thursday and Friday by the U.S.-China Financial Working Group in Shanghai. Brent Neiman, the deputy under secretary for international finance, ... ( read original story ...)