The Reserve Bank is keeping an anxious watch on China’s embattled real estate sector, amid fears that construction activity could plummet, as developers’ funding dries up. ( read original story ...)
Sinopec Shanghai Petrochemical (NYSE:SHI) Sets New 52-Week Low at $15.42
Shares of Sinopec Shanghai Petrochemical Company Limited (NYSE:SHI – Get Rating) hit a new 52-week low during mid-day trading on Friday . The company traded as low as $15.42 and last traded at $15.66, ... ( read original story ...)
China state-owned giants to delist from US stock exchanges amid audit spat
Five of China’s largest state-owned companies announced plans to delist from US exchanges as the two countries struggle to come to an agreement allowing American regulators to inspect audits of ... ( read original story ...)
China’s Industrial Bank Rebuts Concerns About App Harvesting Personal Data
China’s Industrial Bank has moved to assuage concerns among users that its mobile app is gathering too much personal information on them, The Paper reported yesterday. Some consumers recently reported ... ( read original story ...)
Five Chinese firms to exit US stock market
SHANGHAI: Five major Chinese companies including two of the country’s largest oil producers will delist from the New York Stock Exchange, the firms said in filings on Friday. ( read original story ...)
China’s Third-Biggest IPO of the Year Surges in Trading Debut
Shares of Hygon Information Technology Co., a maker and distributor of computer components, surged in their Shanghai debut, making them this year’s second-best opening performance among large listings ... ( read original story ...)
China’s third-biggest IPO of the year doubles in trading debut
Shares of a manufacturer and distributer of computer components doubled in their Shanghai debut on Friday (Aug 12), heading for the second-biggest first day pop among large listings in China this year ... ( read original story ...)