Under the financial strategy of the great powers, Lujiazui, Shanghai, is undoubtedly the most striking financial spectacle at the turn of the century. A short period of twenty years, from a backwater rapid rise, construction of Shanghai international ... ( read original story ...)
China securities regulator proposes to delay IPO reform
China announced plans in 2015 to shift to a U.S.-style registration system for stock market flotations on the Shanghai and Shenzhen exchanges. The State Council is awaiting approval from the National People’s Congress, or parliament, on the IPO reform ... ( read original story ...)
Regulator in China seizes control of Anbang as chairman prosecuted
BEIJING/SHANGHAI (Reuters) - The Chinese government on Friday seized control of Anbang Insurance Group Co Ltd, one of China’s biggest insurance conglomerates, in a dramatic move that underscores Beijing’s intent to crackdown on financial risk. ( read original story ...)
Yintech Announces Management Change
SHANGHAI, Feb. 22, 2018 — Yintech Investment Holdings Limited ... today announced that Mr. Jingbo Wang has resigned as Chief Financial Officer due to personal reasons. The resignation is effective on February 22, 2018. Mr. Hongchen Yu, Yintech's ... ( read original story ...)
What Is The Value Of China’s Stock Market?
The Shenzhen and Shanghai stock exchanges miserably fail to capture China’s spectacular growth. No, investors would rather not go near a market with sloppy regulations and too much government interference. Ages, the world waited for this moment. ( read original story ...)
Global markets remain volatile as week of drama comes to a close
The UK’s benchmark stock index ended the session down around 1.3 per cent ... 1,000 point drop in the Dow Jones for the second time in a week. 1 day ago China's Shanghai Composite fell slightly more than 4 per cent, Hong Kong's Hang Seng dropped by ... ( read original story ...)
Market Live: Sensex slips 500 pts; banks, IT, oil stocks drag; Fortis off day’s high
9:58 am Asia Update: China's stock market benchmark plunged 5.5 percent and other Asian ... the Dow entered correction" territory for the first time in two years. The Shanghai Composite Index dipped 5.5 percent but recovered slightly to end morning ... ( read original story ...)