Chinese bike-sharing giant Hello Inc. has formally scrapped plans for a U.S. initial public offering, becoming one of the first big casualties of Beijing’s crackdown on overseas listings.The company ... ( read original story ...)
Financial Data Port opens in Shanghai Pudong New Area
The Financial Data Port in Shanghai's Pudong New Area was officially launched on Tuesday, addressing the central government's plan to build Pudong into a pioneer for China's socialist modernization. ( read original story ...)
Fintech firms set for IPOs but face challenges
Initial Public Offerings (IPOs) in the next five months as at least three startups – Paytm, Mobikwik, Policybazaar – are likely to raise up to Rs 28,000 crore ($3.7 billion) through public offers ... ( read original story ...)
China Stock Market Due For Support On Tuesday
The China stock market has finished lower in two straight sessions, plunging more than 100 points or 3 percent in that span. The Shanghai Composite Index now rests just beneath the 3,470-point plateau ... ( read original story ...)
Two major regional centers of SPIC Financial Sharing Center implemented by Kingdee were successfully launched
Recently, dynamic financial statistics were projected on the large screens of the regional sharing centers in Beijing and Shanghai of State Power Investment Corporation Limited (hereinafter referred ... ( read original story ...)
STAR Market Daily: STAR 50 falls 0.42%, RMB 73.8 bln traded
Shanghai Stock Exchange STAR 50 closed at 1,556.98 on Monday. The STAR Market recorded a total trading volume of 1.3 bln shares with a turnover value of RMB 73.8 bln, up 10.8% from last Friday. ( read original story ...)
Credit Suisse Pushes Deeper Into China With IPO Underwriting
Credit Suisse Group AG is pushing deeper into China with plans to extend underwriting of initial public offerings even as markets are roiled by Beijing’s crackdown on the booming financial technology ... ( read original story ...)