The sales are a bright spot in a market that’s seen little over $2 billion being raised from IPOs in 2020, the least for the period since 2016, despite the 50% jump in the main equity indexes from the ... ( read original story ...)
China Stock Market Likely To Add To Its Winnings
The China stock market has moved higher in three straight sessions, gathering more than 55 points or 1.8 percent along the way. The Shanghai Composite Index now sits just beneath the 3,300-point ... ( read original story ...)
Fee bonanza on China’s STAR Market IPOs passes by Western banks
A fee bonanza on China’s Nasdaq-style STAR Market, which is set to surge with Ant Group’s mega-listing, is passing Western banks by due to their limited local presence and worries about a unique ... ( read original story ...)
China Stock Market May Extend Its Gains On Tuesday
The China stock market has climbed higher in two straight sessions, gathering more than 40 points or 1.3 percent along the way. The Shanghai Composite Index now sits just beneath the 3,280-point ... ( read original story ...)
China c.bank injects 600 bln yuan of medium-term loans, rates unchanged
China's central bank on Tuesday injected 600 billion yuan ($88.13 billion) worth of medium-term loans into the banking system while keeping borrowing costs unchanged for the fifth straight month. ( read original story ...)
Senior HSBC mainland China banker defects to Bank of America
Former senior HSBC mainland China banker Zhang Wenjie has jumped to Bank of America as a managing director and president of China, helping the Charlotte, North Carolina-headquartered bank navigate the ... ( read original story ...)
UPDATE 1-China issues new rules to tighten control over financial holding firms
China has issued new rules to regulate financial holding companies, in its latest move to prevent systematic risks to the nation's vast financial sector. ( read original story ...)