Bicycle-rental operator Youon raises $87m Shanghai listing

Changzhou Youon Public Bicycle System, a bike rental company, held an IPO on the Shanghai Stock Exchange on Thursday, raising 581 million yuan ($87 million) and becoming the first listed company in the sector, reported Thursday. The shares ... ( read original story ...)

After a false start, China sees its first bike-rental IPO

China’s burgeoning bike-rental industry has witnessed its first-ever IPO as Changzhou-based startup Youon went public today. Shares of Youon started trading this morning on Shanghai Stock Exchange at the initial offering price of RMB 26.85 ($4.02 ... ( read original story ...)

CSRC says state meddling stabilises China stock market

Within the 140 trading days in the period, the benchmark Shanghai Composite Index had not closed up ... reduced price swings in arguably the world’s most volatile emerging stock market, it has also come at a cost of waning trading activities among ... ( read original story ...)

China Ends Curbs on Derivatives as Stock Market Stabilizes

“Recent operational data also suggest that the stock market is improving on a steady foundation.” The regulator added that during the first seven months of this year, the Shanghai Stock Exchange Composite Index largely hovered between 3,000 and 3,300 ... ( read original story ...)